Yesterday the market has experimented another difficult day, cause some reasons:
1) The broader market are down because inflation, Trump' affections, escalation between Iran and USA and oil prices gain (this it is a consequence of Trump's affection and escalation).
2) Semiconductor and industrial sectors have suffered as well as other cyclical sectors
$AMD $ETN $Wärtsilä (in my and my copiers portfolio), but even
$NVDA $AVGO $GEV...
3) the market pay the CPI data even as whitin the expectations, rose to 4,2% annualized and reached 2,9% increased YoY.
Calital-intensive sectors pay more for the spectre of interest rate raises.
4) "USA hurt Iran because it took too long for respond" said Trump. The deal appear further away then ever now even as Heghset said that it is not the new beginning of the war.
5) Street of Hormuz is closed again, oil price raises and to investor it seemed like a self-feedind vicius cycle that only peace can break.
6) To complicate the picture SpaceX IPO drains liquidity from the market: investors close some positions to invest in the biggest IPO ever. It is scheduled for tomorrow.
MY THOUGHTS?
1)More volatility in the short term.
2) Hold on investors, times like this require psychological discipline.
#FinWit #investing