It's really frustrating. The day before yesterday, I thought US stocks had peaked, so I sold all my US stock-related holdings, only keeping defense and precious metals stocks. But then yesterday, US stocks continued to surge. Not only did I miss out on the rally by selling, but I also bought more precious metals and defense stocks halfway up the hill. This is just speechless and makes no sense. Everyone knows the fundamentals of US stocks are far worse than before, yet they can still hit new highs. Isn't this as ridiculous as last April? The fundamentals keep deteriorating, the stock market keeps climbing, and the bubble keeps inflating. In the end, won't it be retail investors left holding the bag? I thought US stocks were in a bubble last April, and I still think they are in a bubble this year...