Large caps do well with high interest rates small caps do bad so if they are cutting rates u shoukd buy the beaten down small and mid caps. It’s not rocket science.
Dow jones is up 5.35% in July, its highest this month. Might cool off a bit with some pullback before another leg up. Do u agree ? If so what pullback leveled u see
AI stocks are set to dominate 2024. I prefer NVIDIA because they're well-positioned for long-term growth and support other AI companies. I know someone who made over 200% with NVIDIA. I'll also consider the other recommendations you made.
And nothing is gonna tell you its bearish except divergences on lager time frames and overbought. No doui vix gonna crush topping is a process so is bottoming
$TQQQ printed hard for me today. The bloodbath for tech ain’t over bro. Small caps, R/E, Financials, CyberSec, & Industrials are the move into EOM imo.
The fagbut 7 and the nasdork oversold but I expect it to come back up back test the 20sma daily from the bottom side slightly above to make that left shoulder on the nasdaq. Then im gonna tell you that it is so bullish its bearish in the dow and the cockmuscles 2000, if your BEARISH like me, and you want to smack these ponzies down, then simply wait for the lower high on the QQQ if if we can fill that gap look for that head and shoulders but it could he a gap and go, the best moves don't fill the gaps they just go, and the nasdaq is up so so hard its a possible, but my base case is the nasdaq top is in a gift woud be a slightly higher high but idk I doubt it SQQQ at 7.15 a no brainer. Like how everyone is rotating up you rotate your shorts dow top close very close probably next week
This sector rotation narrative is easily one of the most lucrative dummy dips that I've been given the opportunity to invest in this entire year. My positions are heavily weighted in mag-7 related stocks in the AI. All of them are outstanding companies with increasing revenue and sales, profit, reducing costs of operations and debt... The whole idea that for the small caps to succeed that large caps must take a breather is so fucking dumb. It's it boggles my mind. But while it's here whenever it dips, I inject and hard. Last Thursday we got the first sign of it I injected and sure enough by Friday the next day we had reversed this dip this week is due to the mass media including people like you guys constantly parroting this nonsense about a sector inversion due to the feds imminent reversal on interest rates which is China true but doesn't need to come at the expense of mega caps which have been doing excellently and will continue to do accidentally.. Not just for the next quarter but for quarters to come for years to come! So when an Nvidia or a Tesla pulls back 5% 6% on a day for me, that's a five or 6% sale and I buy! Amd, Arm, asml, Nvidia, And Tesla aren't going anywhere but up... And will do so for years to come. I should be so lucky that I can get days where they pull back 5 and 6% just so that I could buy them a little bit cheaper before they immediately reverse and rock it back up to the stratosphere where they belong. So thank you thank you to the Wall Street narratives. Thank you for all you talking heads piping up sector inversion talk... It's enabled me to eke out gains on my purchases on a daily basis.... And making my portfolio look rather comical in how quickly it's growing... The last 3 months is basically taken off vertically... Something I predicted several years ago but to watch it happen. It's just it makes me feel really good that my analysis is coming to pass. With the rate cuts not even happening yet, we're only just beginning and as well we've got several weeks of earnings coming which will only further validate. These companies up is the only plausible direction, so seeding now seeding while you can seeding as much as you can is critical.
