Josh Wein, Portfolio Manager at Hennessy Funds, and Sylvia Jablonski, Founder, CEO, and CIO of Defiance ETFs, discuss where the markets go from here following another blowout quarter from Nvidia.
Is this a good moment to buy stocks? How long will it take us to recover? I know everyone claims equities are cheap. Is it preferable for me to invest my money elsewhere if there are tactics to be applied in this market that the typical individual cannot access?
If the market has taught me anything, it's that it always recovers, but I can't seem to focus on the long run, when major factors like my retirement and my reserve are wreaking havoc on inflation. I require a solid data trajectory and solution as soon as possible.
You're not doing anything incorrectly; you simply lack the expertise to capitalize in a down market. Professionals with extensive expertise who must have witnessed the 2008 crisis are the only ones who may profit significantly during turbulent times like this.
My portfolio has been in the gutter for the whole year, so I started researching new ways to profit in the market, but everything I attempted just seemed to miss the target. Please let us know the name of your financial advisor.
Stock split will be a significant boost, I think we are just entering another bull run for this stock (after only one correction in April), this summer will bring so much “normal people” hype to this stock as AI starts really hitting our culture and new products come to market (next up is Apple and the AI iPhone) and those people continuing to work and save (as we’ve so far avoided large scale job losses) look for ways to maximize their return. It will just be a hard stock not to own, especially as it’s price goes back down to ~$100 - I do think this will lead to unhealthy exuberance at some point in the waning months of summer and there will be some form of a (probably healthy) correction going into fall. Then probably another bull run setup as Blackwell sales pick up into the new year. This is an amazing setup for existing stock holders, and now is probably the time to go in big on this stock if you’ve stayed out. This is going to be a gangbusters summer! ☀️📈🔥
