The real truth about the stock market right now.

I know many ppl do not believe me. But I’m giving you my honest take about this market and it’s simple.
This is a valuation reset of the high beta. That’s it. The world is not melting. Aliens are not coming. WW3 is not happening. It’s just companies coming back down to earth.
When the sentiment flips, everything goes risk off. I have said so many times that everything moves together. Mr market is emotional and it’s a pendulum of fear and greed. He’s been greedy pushing up stock prices for a while now, but lately fearful.
Yes, companies are reporting great earnings, but it’s not enough to fight the high valuations. Everyone thinks I’m Brandon the bear. But really all I’m doing is sticking to the plan when it’s unpopular to do.
Buy great companies at good prices and use options to magnify ultra high confidence plays. It’s that simple. The last few months there has been less opportunity, I make less trades. All good, but at the end of the day, I’m here to make money in the stock market and show my thoughts and research (on discord)
This volatility is normal. Warren Buffett didn’t even notice it. We will capitalize when it makes sense. But when you have companies like Robinhood that were trading at 80x earnings, SoFi at 90x earnings, Palantir at 200+X earnings, Tesla at 200x+ earnings, AMd at 70x earnings, etc... those things will eventually correct. They always do.
Companies follow the profits (the eps) period. Keep it simple, cause it is! The hard part is keeping emotions in check, which is what I try to tell ppl but they also don’t believe me till they see red… so right now, I don’t care what the market does other than to capitalize on over and under values prices. That’s it. Use the market to your advantage.