A strategy for investing during the FOMO rally
If the return of the Bear Market is very likely, WHEN will it return? That’s important because the timing of the return of the Bear determines what strategy we should adopt. If the Bear will go back on the prowl very soon, say somewhere around August 24 (the date of Nvidia’s (NVDA) very important (for the tech sector and more) earnings report) and August 26 through 28, the dates of the Federal Reserve’s annual Jackson Hole confab, then you should be battening down the hatches now and selling everything you don’t want to hold through another down leg from the Bear. On the other hand, the return of the Bear could be delayed until early 2023 when it becomes clear to all the interest rate optimists on Wall Street that the Federal Reserve isn’t about to start cutting rates soon. So what do you do?
