Prestigious_Ear_3737

Prestigious_Ear_3737 t1_jedbobi wrote

You asked for people's opinions yet you counter everyone who tries to answer you. You need to read some history on how the market performs during QT. Forget forward looking during this period. The market capitulates after the first rate cut. Amazon will probably go to about $60 a share, minimum. Fundamentals are also important. They trade at way too high a P/E.

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Prestigious_Ear_3737 t1_jdylqdw wrote

So glad to see you back!!! There has been 600B plowed into about 7 tech stocks since the SVB event. They ran to those and treasuries. While the DIA and SPY have been down lately the QQQ's were up abnormally. Today the QQQ's started to show cracks. 1Q earnings are going to be down. I think we are close to capitulation. Last year peeps said TINA. That has changed. Let's see 5% t-bills or NVDA at 150 P/E and AMD 100 P/E going into earnings??? MaggieP

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