You can't rule out that the Bull market is still intact, and there is a good chance that the low for this year was last week. In reality nobody knows. More downside volatility would be really good if it comes. VIX to 30, 40, 50... etc I doubt we be so lucky.
Would definitely want to see a vix of 30 40 50 even 60 and 70. That would put most of the fear aside and probably exhaust the sellers at that point but I still think the trend is lower and that historic highs will not come back in 2025. Also think markets see new lows however we will get sizeable bounces like we did friday
Yikes Treasury Secretary Bessent says White House is heading off a ‘guaranteed’ financial crisis https://www.cnbc.com/2025/03/16/tre...te-house-is-heading-off-financial-crisis.html
Market acting back to usual, with the dips getting bought. We are on the verge of a V. This will start pumping like crazy again soon. Was too ambitious last week, but feel pretty confident the Q's will hit 493 this week at minimum. When the tide turns like it just did, it happens fast and the selling just disappears JUST LIKE THAT!
Usually..after a long unquestioned bull market, people get lulled and group think..loving the buzz word stonks and the meme stonks and have very little question about their actual worth. Once a corrections takes place..even the lowest IQ investors begin to question these stonks..AI, QUantum, CHips ets. There will be knee jerk bounces in the beaten down names..but they will just be quick trades. No more long holding..particularly the hardcore pump names and their corresponding sectors. Many are now seeing AI and Quantum as pump and dump. And chip purchases as becoming much much lower moving forward. And these sectors constitute the bulk of the major gains. Apple and google had already been questioned even before the correction. And Tesla..omg..Tesla. So..even Mag 7 looking like a basket of shit. And the Space industry stocks..looking lately like a Basket of Shit. I had commented here that I wondered why Elon handnt brought SpaceX to IPO..Now I know why. And Trump destroying Value with Military budget cuts and DOD contract cuts. Karp started dumping his PLTR like it was a Hot Turd. Crypto just trades along with general high tech...its not a panacea! I dont mind pump and dump..I just trade the moves. But, for a general USA market..its a very very bad look. The penny pumps around christmas seemed to give this all away..as an early insight to the feelings and movements. Pennies pumping is always a clear sign of a top. Shorting every pump will make you bank going forward
Downside isn't done!!! Still have many more headlines of tarriff garbage to sort through also keep mind unemployment rising along with inflation... And watch for Capex cuts to be coming soon that can easily impact tech to the downside. The fed is NOT cutting rates this week so if you are wishing and hoping they do so you will be extremely upset and feeling lots of disgust....just letting you know ahead of time that rates will remain unchanged at this next meeting tomorrow!!!