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Puru Saxena, investment commentator and ex-fund manager at FinTwit, observes a recurring daily pattern in trading sessions. According to him, retail investors often enter the market after the open, while larger market participants, described as whales, distribute stock throughout the day.
Saxena recently highlighted the importance of maintaining discipline and patience during drawdowns, emphasizing this approach as essential for long-term investment growth in a previous commentary. He has also projected a potential retreat in semiconductor stocks, while acknowledging strength in other AI-related sectors, according to a recent note. These observations follow his ongoing market commentary across different asset classes.