Ah_Meng
08-19
stagflation is still a variable threat especially with the oil and gas prices still holding up or creeping higher now and then. With the war, it's not like the US national debt has any way to go but up... the indices might appear rebounding after corrections, the rebounds are increasingly weaker and seemingly supported by those components big tech companies rather than broad based buying. Furthermore, with Nasdaq's money 💰🤑 grabbing stint for companies such as $SpaceX(SPCX)$ , the index itself is no longer a good balance gauge of overall sentiments of the investment crowd. There's always a trigger or money sucking event that ends a 🐂, $SpaceX(SPCX)$ 's craze is as good as any... to signal a possible next crash to come...
Thanks for your contribution to the community as usual.
@JC888：Cooling inflations, Time to buy the Dip ?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • jinglese
    08-19
    jinglese
    I don't buy SPCX mania as a crash signal at all. Chasing a monster innovation story usually means liquidity is still there, weak breadth is a separate problem lol
    • Ah_Meng: 
      There are many triggers for a crash, buying into a mania is but only one of them, innovation or otherwise, there's a valuation for everything. Obviously it is individual choice what one wants to believe in a future that no one has experienced... I am not saying this is it, rather as a sign.
Leave a comment
2