Daily Stock Picks All-Time Highs: Investing for the Next Peak - A short update on 6-12
Here is a short update and notice that Seeking Alpha's Summer Sale is on NOW!
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Market Insights:
All-time highs are common in bull markets; about 15% of trading days hit new highs.
Expectation that new all-time highs will return later this year.
Portfolio Strategy:
Portfolio is set up for peace of mind; trimmed and bought stocks last week, currently in “hold” mode.
Emphasizes planning and a portfolio that fits your lifestyle.
Belief in “time in the market” over “timing the market.”
Recent Market News:
10-year bond yield down to 4.36%; VIX under 20—favorable for investors.
Stock Commentary:
Apple: WWDC was underwhelming; $200 is a fair price, potential for $220 later in the year.
Tesla: Robotaxi rollout; waiting to re-enter based on technical signals.
Oklo: Shareholder dilution expected for overvalued, capital-needing companies.
Boeing: Stock dip after India crash seen as a potential buying opportunity.
Gold & Bitcoin: Watching GLD and IBIT as hedges for deficit concerns; looking for entry points.
Personal Update: Quick newsletter due to busy day; dad is fine; back to regular schedule soon.
Closing Thoughts: Notes are quick observations, not exhaustive analysis; gratitude for reader support.
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