Personally, I see the stronger-than-expected jobs report as a double-edged sword. While it reflects a resilient US economy, it gives the Fed less reason to ease monetary policy. I will be watching CPI closely, as persistent inflation could push Treasury yields higher and put further pressure on high-valuation growth and AI stocks.
I remain cautiously optimistic about US equities over the longer term, particularly companies with strong earnings, healthy cash flow and sustainable business models. However, the market is becoming more selective. Strong AI revenue growth alone may no longer justify premium valuations if capital expenditure and financing costs keep rising.
My strategy is to avoid chasing the rebound and keep some cash ready. I would rather accumulate quality companies gradually during meaningful pullbacks than try to predict the market bottom. For now, patience and disciplined position sizing matter more than reacting to every headline.
@Tiger_comments @TigerStars
Jensen Huang is embroiled in an extramarital affair scandal, causing Nvidia's stock price to plummet in overnight trading, exacerbating the situation for chip stocks! Is it possible to buy at the bottom now?
On the morning of November 9th, in the night trading session, Nvidia's (NVDA) stock price plummeted by more than 7% at one point, but the decline subsequently narrowed to 5.72%. Nvidia's (NVDA) official website published an apology letter from CEO Jensen Huang to all employees, in which he admitted to the extramarital affair and publicly apologized to his wife, children, shareholders, and others! This news undoubtedly exacerbated the situation for chip stocks. US stocks just experienced last week's "Black Thursday," with the Nasdaq (.IXIC) plummeting 5.52% in a single day. Of the 30 constituent stocks of the Philadelphia Semiconductor Index (SOX), 28 have already fallen into a technical bear market! SanDisk (SNDK), which suffered the worst decline at the time, plummeted nearly 30% during the week, Micron Technology (MU) fell nearly 26%, and even Nvidia (NVDA), which was the most resilient stock at the time, fell 11%! Now it has escalated to another sharp drop. Investors are probably most concerned about only one question right now: now that the price has fallen like this, is it worth buying at the bottom? Should we guard against market risks now?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments