After three days of grey on Wall Street, optimism seems to have returned to the North American indices, led by the climbs by the same ones that pushed them down, in what for now has been just another opportunity in this Bull Market, where many have taken the opportunity to follow the “buy of dips” strategy. The next few days will tell if this time the Bulls will keep the wave of success, and despite the countless uncertainties in the short-medium term, the general trend is in favour of more valuations, however the amplitude of the gains should be more much more contained.
In addition, and despite the fact that the technological sector should continue to receive more buying pressure, it is advisable to be much more cautious, given that the prevailing feeling is that the next few months will be more accurate when investing, meaning that it will be another cherry picking strategy, so there will be less generalized and more concerted movements depending on the quality of the securities. These will be times of high volatility and more time spent searching for opportunities, but also a time of good business for those who are attentive to the various market noises.
