From my perspective, the
$NASDAQ(.IXIC)$ entering a correction reflects a shift in sentiment rather than broken fundamentals. Rising oil prices and geopolitical uncertainty are bringing inflation fears back, and the market is clearly moving from “buy the dip” to “sell the rally” in the short term.
For the Mag 7 like $NVIDIA(NVDA)$ $Tesla Motors(TSLA)$ , I still believe in the long-term story, but technically they don’t look ready yet. I’m not rushing in—I prefer to scale slowly or wait for stabilization instead of catching a falling knife.
I don’t think the market is fully bearish, just fragile. I’m keeping some cash while sticking to my strategy, and I’ll look to add more if the $S&P 500(.SPX)$ tests stronger support levels. For now, capital preservation matters just as much as finding the next entry.
@Tiger_comments @TigerStars @TigerClub
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