The inevitable has happened now, the sharp pull back has been in the offing quite for sometime, now that the market is in the correction mode, expect some more corrections or pull back. NVIDIA alone erased about $300 billion much bigger than the market cap of AMD. Playing PUT on QQQ became quite an interesting event! Once it settles down, expect the bull sentiments to set in again which would eventually carry on the bull run once again till the major Crash 💥 like in 2007/2008 happens somewhere in 2026, bull run is not gonna stop that fast. US has printed Trillions of dollars during the pandemic, election is due in November 2024, Fed isn't in a hurry to cut the interest rates that soon, inflation isn't yet under control as they are trying the public to believe. Digital Assets ETF's are getting regularised & being accepted. All these would not allow the market to remain quiet, bull run will continue albeit sharp & sudden pullbacks/ corrections in between. Remember market movement is cyclical in nature ! So tread with caution & still enough money can be earned along the way. Happy Investing/Trading 🎉💥🙏🙏
Post-Bell｜Nasdaq Drops Over 2%; Nvidia Tumbles 10%; Netflix Sinks 9%; Supermicro Plunges 23%
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