The S&P500 is my largest ETF position and I have not been happy with this weighting for a few weeks now. My plan was to sell half of the position and allocate it to other ETFs. Unfortunately, my target price was just not reached and therefore no sale was triggered. Now I am in the dilemma of selling below my target price or holding. 🤷🏼♂️
@Steve91 then I would be worried. In the long term, we will see a significant correction followed by a bear market. For me as a short-term trader, these corrections are annoying, but I can also trade on negative performance.
@TradingHase I think it makes more sense to do stock picking at the moment. As already written, the weighting of the big 7 is high here, and that's where the air is out at the moment. The best ETF last year was the one with European banks.
@TradingHase hold and wait :) at some point your target price will be reached, especially now that the markets are going crazy again and people are selling in panic ... the day will come when you say thank goodness I waited 😀
@Klein-Anleger I can't tell you that, but if it does, it should happen in the first half of the year and it is more likely to be new ATHs in the single-digit % range.
@bull_investor_1994_ That depends on what you see as a significant correction. I think we will see prices below 22,000 on the Nasdaq. If things go badly, 20,000, then we can speak of a correction.
