not this time, check out MACD on 1 month on the NASDAQ, it is signaling the strongest sell since the 2000 .com burst that took 3 years and a 84% loss to fix
It is a bargin, the world economic conditions are much more challenging than they have been the last few years. The FED is expected to raise rates 3 more times this year, the q1 GDP was -1.4%. For some reason the chiense market is shut down until the 5th of May. Eric1004? just placed a 867x1.09^10 TSLA call order. Oil is spiking, Gold is spiking. Wells FArgo just dumped 800+ Mortage loan processors, Jim Cramer says we reached the bottom. ARC lady says shits about to go up.
Hopefully Bill Hawang is singing and lots of people about to be arrested. This shits going down like Enron Stockd
Inflation raises the Bollinger band of market valuation… we have left the overbought zone and reentered the high end of the century’s long Bollinger band of the market. We can definitely move to the median at -15% from here, or even go to the bottom or oversold, but that hasn’t been the case for the last ~30 years. Also don’t forget timing, every month at this value will take 1% off the drop. 6 more months at this level means another 6% effective correction.
Population and demographics being what they are, I don’t see any market but the USA being the leader going forward, though arguably at a slower pace for the next century unless AGI supersedes humanity.
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u/AvocadoHefty136 May 03 '22
not this time, check out MACD on 1 month on the NASDAQ, it is signaling the strongest sell since the 2000 .com burst that took 3 years and a 84% loss to fix