Disney is a pretty safe play with the world beginning to open back up, I like it.. From my point of view we are likely going through a bit of a sector rotation in terms of investing. Tech/EV/Battery etc is near tops here so we will see other sectors gaining more attention i.e. retail/commodities/travel etc.. Personally I am well hedged on these at the moment, my portfolio hasn't really moved since last week due to being well diversified in solid boring companies as well as speculative. That said If I was holding only speculative and inflated tech/ev stocks right now I would be seriously worried.
I am kinda excited about this pullback and red day. It keeps us honest and this maybe where real investing comes back which means investing in solid businesses with strong balance sheets. Not just speculative plays where shit moons with no reasoning.
Willing to bet at least half EV and small tech will probably fall of the face of the earth in a few years.
The market should be taken very seriously and studied carefully if we going to hit a serious correction.
Just my 2 cents for whats its worth. I hate to see people make the same mistakes I have made trading/investing but also its a lesson in disguise. Last year I got absolutely butchered on HYLN and many will be feeling the same with CCIV today, asking what happened? whys it going down? you told me its going to the moon?
CCIV today was a classic case of how lambs get led to the slaughter house.