>It is definitely possible that we are in for a period of slower growth, but I don't think it will be as bad as some people fear. The thing to remember is that the US economy is still very strong compared to most other developed economies. We have low unemployment, strong consumer confidence and so on. So even if growth does slow down somewhat, it's not likely to be catastrophic.

Visual mod is a bot smarter than 95% of Wallstreetbets users, you should start buying now or you will regret later

Don’t have to read too much into it. It will come down.

it corrected a healthy amount. The banks are a scary place to keep deposits. large blue chip Tech seems fairly safe vs banks who can lose your deposits during this correction.

This is the last week of the 1st Quarter. It is known as Sucker Week, priming the Pump, for the Dump when 1st Quarter Reports start coming out, taking the steam out of the room. The Pumpers -- BUY!BUY!BUY!

I also heard Big Tech was serving as a flight to safety - maybe not as much as Crypto stocks and to some extent Gold - but yes. As far as the future - you can listen to 15 analysts and you will get 15 different predictions. But, both Dalio and and Jeremy Grantham believe there is more pain to come. Not sure in what form that will be (another Black Swan event or perhaps a slow grind as investors begin to wrap their heads around the shrinking margins companies will face in the future) but - that both say another 20 - 50% could come out of the market. That said - if you have a timeline more than 10 years out - I wouldn't worry about it. Pick some very good stocks, buy and hold. I was strongly considering Meta when it dropped below a 100 and TSLA when it dropped to 100 and passed on both. Kicking myself now - but oh well. I would consider picking up some good stocks and start dollar cost averaging in. Buy dips and if the market suddenly tanks - put everything left into those same stocks. Buffet isn't a fan of selling his holdings (he will but not too often). He takes all the dividends from his diverse holdings and uses that cash to pick up stocks on the cheap or add to his holdings on dips. It's a great strategy and really quite conservative/safe.

> I also heard Big Tech was serving as a flight to safety - maybe not as much as Crypto stocks

Quick question: how many times did someone dig their fingers into your fontanelle and as a followup did that soft spot ever actually go away for you

Who benefits from hike rates? Companies with big amounts of cash, like Apple and Microsoft. Who loses? Startups that want to borrow cash.

In my regarded opinion, the reason why spending hasn’t gone down yet is because of the student loan pause. That’s an extra $500-$1000 a month people throw into the economy. Once student loans resume, you will see it reflect on company balance sheets. In the meantime, people are living it up.

Very clever of you. Not sure what you took exception too but I am assuming it was the statement about crypto stocks? So - without getting an exact figure they sort of rocketed up after Mar 10 (maybe 50% or so). And, my soft spot is still there. Quick Question: how many times have you dug your fingers into your ass and stuck them in other peoples faces just to see their reaction?

When AAPL is a 2.5 T firm and owned by every institution on the planet, those institutions aren’t exactly just gonna let that thing lose value.

Now shut up and enjoy your Brawndo.

Right now the market is trying to price in rate cuts. Rate cuts = Bond yields going down and that'll put the "growth" trade back on the table. People are buying tech in anticipation of the rate cut announcement. This will probably be the case until the Fed/Jpow/some speaker comes out and claps down on the market to get yields going back up BUT until that happens... we pricing in rate cuts>lower yields>tech stocks go uppies.

Now the game plan right now should be: Go upside until Fed speak talks up the yields to put pressure on tech again. IF the Fed shows any further easing or cut possibilities.... go hard upside until next Fed speak. IF Fed comes out firing, touting higher for longer, no chance of cuts, etc.... careful with the upside.

All I know is if the markets are up, unemployment is low, and inflation is still not under control, that's a greenlight for the Fed to keep raising rates.

Pretty sure it's because big boys want to derisk their short tech portfolios

Easy: the sellers of bank stocks fled to big cap tech. Almost dollar for dollar the selling in banks = 'd the increase in market cap of the FANNG stocks.

Also, the Fed just injected $1 trillion, that money is going to risk assets. BUT - look at 2007. Bear Stearns died in March and then Lehman didnt go until Fall. In the middle some techs rallied. History repeats itself.

The market is a voting machine, people emotionally flocking to big tech will mean great opportunities in other industries to buy good businesses for a cheaper price.

Stonks are very safe. 😂

AI cutting jobs without infringing company efficiency, thus revenue go up, kind of obvious really

I fuckin bought puts today ofc

Didn't you hear the money printers start up again? "Brrrrrrr"

Ha nice one, honestly. Crypto is shit tho

When it rolls over and sells off that will be the next leg down for the whole market. I think the Fed rate pause has already started and I don’t predict anymore hikes. Pause should be long but I predict the Fed moving the goal post and lowering interest rates in Q4. If interest hasn’t decreased significantly then I predict much more downside risk. Just my opinion.

Underlining the big macro landscape is a gold rush of AI startups that race to get a first mover advantage in different micro niches. The age of AI is here and it will kick start the thousand year bullrun.

AI algorithms are running the market and are simply doing the opposite of what you think is the right move.

No thoughts. Just stfu and buy because clearly the majority thinks the same

Stocks are indeed safe. If you can hold the bags long enough, it's very hard to lose money, at least if history is to be believed.

Well, that may be but that wasn't really the point. I was just pointing out that in addition to Big Tech, people ran to Crypto and Gold. The last two actually make more sense to me since they would be the natural beneficiaries of a failing financial system putting the USD at risk (I'm not saying this is happening - only that a lot of folks are worried it might). The Big Tech injection I think was just a response to a volatile and declining market. Lastly, just like a piece of paper with numbers written on it, Crypto is only as valuable as people think it is. That can be said about almost anything. Art, NFTs, collectibles - anything that provides little function but is valuable for no other reason than because people think it is.

Rational. All I would say is that the dollar has the us military backing it and that is why collectively market participants believe in its value.

I 100 percent agree people pulled bank deposits and sold banking shares… and bought “other currencies” like gold and crypto

Asset managers are unintelligent

Microsoft, Google, Apple and Amazon run the best businesses in the world. They are never at risk of bankruptcy. They attract the best talent in the planet. Literally the top grads from every country. The smaller companies who were able to compete in 2021 no longer have access to capital. Big Tech is so flush with cash, they can still do whatever they want.

High interest rates impact smaller companies much worse than Big Tech. Big Tech is self-sufficient from their existing cash cow businesses. The odds that a small company can challenge them is much lower in this environment, since they have become so starved for capital.

Most FAANG stocks were chopped in half since the pandemic. They just making a bounce and helped by bank sector money moving out and parking it in big techs. What was once deemed as safe far as bank stocks now went to bitcoin and big tech imo.

It's definitely an interesting time in the markets.

I feel some tech stocks are cheap and some are way overpriced.

Additionally, with 5% money market available I would think there would be a larger flight to safety out of stocks.

Personally, I think we are facing another drop past the prior low. Then the markets will be higher than current levels 12 months from now.

Cause everyone has disregarded the regard, AMEN

The market makers are holding dump truck loads of beaten down tech stocks which they they want to unload. They will wait until this sector sees buyers and then bid up the prices and unload the shares causing a bull run on tech stocks. The nasdaq is always the first to crash before the bear market and the first to go up before the bull market.

Current admin will fight like hell to keep this from happening before election.

So I should avoid SoFi until after the election? They so desperately want student loan repayment to resume.

I don’t know. I’m not giving advice here. 🦧

So why has ARKK also been rallying all year

Because I sold it.

Anyone also believes that tech will dump in the coming months?

So you’re saying that the dump will come from the earnings?

Arkk is down 44% from 1 yr ago. Over the past 6 mo it’s flat. It is up 24% over past 3 mo.

Their top holdings are Tesla, zoom, Roku, Coinbase.

Tesla is a meme stock with huge cult following.

Zoom/Roku/Coinbase probably aren’t looking to borrow raise much money.

Market is rallying because you sold at the bottom and bought puts. Next time, have two separate accounts and go long on the other account after going short on Robinhood since Robinhood sells your order flow. Then go long on your JP Morgan account. Easy money

I think your tinking of indexes, surely not stocks. There is no company I would put my hands on the fire for.

Index is a collection of stocks, but yes, they're safer.

What's your DTE?

They will come down soon

Haha I actually didn’t sell at the bottom but bought some… I guess I should have just bought even more? But I agree in spirit

Yep I did exactly that.

Serious positions in my JP Morgan investment accounts. And then trade like a regard gamblers on my Robinhood (SPY puts, SPX puts, inverse ETF, meme stocks). The only way to win in this rigged market is to outsmart the market makers and have infinite wealth (or as much as you have)

Tomorrow lol

If I had money to waste, I would set minimum crypto baseline, buy into it, wait for people to tuck their money into crypto for "safety", and give them some really nice hot potatoes

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Uvxy is rising if that gives you any idea about what people think of earnings boosting

Its all about the debt they carry. Or return they are getting on other long term assets. For instance, the banks are in trouble for multiple reasons but investing in long term bonds at 3% and then having the FEDs jack rates up to 7% - that wasn't good for their bottom line. Also fixed mortgages at 3.25% - they are losing money on those now. Might be one of the reasons Wells Fargo said they were exiting the Mortgage business a few months ago. A year ago, carrying debt was smart and all the big companies did it (why not at 1 or 2%). That is cheap and allows them to use cash for more productive purposes. From Google:

How Much Debt Does Apple Carry? The image below, which you can click on for greater detail, shows that Apple had debt of US$111.1b at the end of December 2022, a reduction from US$122.8b over a year.

And indexes consist of?

You know nothing Jon snow

Yet these same companies laid off a lot of people. There was a reason for that.

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