As you can tell, nasdaq did not go down as much as I thought. I dont know if we will see some panic like in 2008 or if this is the start of a slow bleed like in 2000.. I hope its just a minor scare like in 2010 and that we test the 200 day moving average and then cruise up to new highs at the end of the year.
This in my opinion will help people to get confidence back in the market and hopefully we wont see some dead nasdaq like we did after the 1995-2000 dot com bubble.
I would argue that it does depend on how the market reacts to the various earnings and the outlook they have.. so if you want to be careful you can just wait and see how the earnings are and then maybe go in when everything has already gone down.
But we did see strength in netflix for example based on good earnings and good outlook. The opposite is said in Tesla. I would argue this may be a key thing to look for in the future because this seem to be what investors value way more then some revenue growth which imo is a thing of the past. Now we want profit and higher profit. That is the world of higher for longer, higher profits for longer is needed.
Peace.
This in my opinion will help people to get confidence back in the market and hopefully we wont see some dead nasdaq like we did after the 1995-2000 dot com bubble.
I would argue that it does depend on how the market reacts to the various earnings and the outlook they have.. so if you want to be careful you can just wait and see how the earnings are and then maybe go in when everything has already gone down.
But we did see strength in netflix for example based on good earnings and good outlook. The opposite is said in Tesla. I would argue this may be a key thing to look for in the future because this seem to be what investors value way more then some revenue growth which imo is a thing of the past. Now we want profit and higher profit. That is the world of higher for longer, higher profits for longer is needed.
Peace.