Indeed, the current slowdown in pace of gains isn't a true warning sign. I also lay down in today's article why the stock bull is strong, and well suported.

Indeed, it's risk on amid precious few warning signs. Solid market breadth still.

The dollar is in the process of making a high before starting a powerful decline again, while gold and silver are decoupling. Gold miners, silver miners indicate so - and rising Treasury yields are being ignored by the metals. The prolonger consolidation is coming to an end, remains my call - no silver, GDX or GLD plunge to ridiculous levels. PMs sectoral strength is building up as the yellow metal's late Oct lows are unchallenged amid bullish technicals, fundamentals and USDX bear market. My today's article here soon, makes the case very clearly.

The Fed will stay accommodative for years to come - just remember how long it took Yellen Fed to make that baby step mid decade. The pace of job recovery (creation) is woefully slow. In gold, we're now at the deciding point whether we have seen the local, climactic low before stabilizing for quite a few sessions and going higher next, or whether we would get one more push lower a la Thursday from these levels, which means around $40 down, and that's it. Check out my daily writings should you want to, and have a good weekend!

Well, that's a natural result of financialized economy, characterized by serial bubbles and busts in the stock market and elsewhere. The labor participation rate trend isn't really positive.

He certainly didn't hurt Bitcoin, as this volatile asset has a bullish chart posture really anyway. Nice catalyst.

First, there has been no mention of percentage net worth available for investing. Second, no mention of investment horizon and willingness to tolerate drawdowns of specified size. Third, I am very far from writing off stocks, me the raging stock bull who sees great gains ahead. Fourth, we don't know about other investments of said gentleman. Fifth, commodities are still likely to outperform stocks in the current environment - that is worth posing the question I posed (no recommendation). What is long-term to the gentleman exactly anyway? Unless he tells, only he knows...

If you were to take a long-term view, then what about being invested in an asset class that has better prospects than paper asset such as stocks? I like copper, precious metals, also oil - what about commodities then?

Yes it is! Back on Jan 25, making my 2021 predictions, I didn't give much chance to the Bitcoin correction back then unfolding... See my article Rosy February for S&P 500? Not So Fast, if interested. Good day!

I agree with the author on emotions, and just today said publicly that trading should ideally be really a boring activity, no adrenaline rush. Professionals lay down their plans well in advance, and adjust them for incoming (price and other) information - but more than the contours of each trade's parameters (risk, reward) are specified before entering the trade. Not overleveraged (risk per trade), just a reasonably small percentage of account being risked on a single trade (varies upon trading strategy: e.g. for breakouts much lower than for position swing trading) - so as to have always enough firepower left for many subsequent ones given your historical win ratio. In other words, you gotta be able to survive a series of bad luck. That's my surefire way of making money in bull, bear or sideways markets, whatever the instrument. Take care!