To The Moon

While there seems to be many economic uncertainties in the market due to the Russia-Ukraine war, inflation, banking crisis, that will lead to many more possible economic downturn scenarios, sometimes you just need to spot the opportunities. Just last month, the tech sectorwas all doom and gloom - Microsoft,Twitter,Meta, Google, Amazon with their massive layoffs. However, many of these companies are seeing a bullish trend starting to happen. Think of it as a reset button. And also the nature of technology and its advancement. Through it's dips, technology will continue to progress and advance and the sector as a whole will come back up, it just depends which company/what the technology is and its application. AI is the talk of the town at the moment as seen in AI stocks in all markets that have shown growth. With Chat GPT being all the noise now, eventually the big players like Microsoft, Google, etc. will start to follow suit, trying to create a product to compete or do better (as shown in the many recent articles on Tiger). The banking crisis in the US will definitely start a ripple effect worldwide, but tech companies often go through dips and come back up (again, dependent on the technology), technology isn't just going to suddenly stop and die. Case in point - look at Microsoft, NVidia, $Adobe(ADBE)$ etc... all thriving at the moment. And the introduction of AI into the market is helping drive this i.e $C3.ai, Inc.(AI)$ that just listed, AI too is driving $NVIDIA Corp(NVDA)$ growth, and everyone is going to want a piece of this $150 billion dollar pie in the global software market (cited from Goldman Sachs report), with Intel and AMD working on rival products to compete with NVidia, with the likes of Salesforce with their Einstein GPT,while IBM has bought at least 5 AI companies since 2020, and I'm sure Google, Amazon and the likes have their own version of AI for their suite of products too. Not to mention how AI will also support the other industries like semiconductors, medical, etc. which could ramp up those stocks too. The other industry is renewable energy/ESG related stocks - watch this space. It’s at its infancy now in terms of its execution but it is a huge topic of importance for most if not all corporations and governments, and sustainability is already in progress with anything possible from food cultivation, sustainable aviation fuel,carbon offsets, sustainable real estate, capturing CO2 emissions, solar energy, etc. Also when cryptocurrency enters the bull market, companies that hold BTC will follow i.e Tesla. Yes, no one will really know what the future holds, what stocks will go up or down. But withthe right fundamental and technical knowledge and analysis, and I can't stress this enough - read, read, read!, and some average level intelligence and knowledge of markets and industries, we should be armed enough to make more good trades and investments than bad ones. It's not all doom and gloom, you just need to find the little nuggets of gold amidst this crazy economy (: Just remember, as with all investments, there are risks involved (and please try not to FOMOin). Trade safely guys! [Cool]