🌟🌟🌟A Nasdaq correction is not a funeral. It is a discount season, a valuation detox and a spa day for overheated charts. The market has not really turned bearish. A true bear market is when hope evaporates. Right now hope is very much alive, just temporarily hiding behind a pillow. Cash or Buy the Dip? I don't go full cash. I don't go full YOLO. I go strategic, stay calm and patient. Corrections are where long term wealth is built, but only if I choose wisely. Which Mag 7 are worth hunting now? $NVIDIA(NVDA)$ : the backbone of AI compute, still the king of 5 layer cake. $Microsoft(MSFT)$ : AI enterprise dominance, cloud stickiness $A
While revenue grew at a record 65% last year, $NVDA is trading near its lowest valuation of the AI era. Let me say that again. $NVIDIA(NVDA)$ is trading near its lowest valuation since the start of the AI boom.
Nobody knows how long can Iran hold through the war. Will it be as painful as Vietnam war for the US? What if they drag it into winter? The energy market will go crazy, many countrirs are trying to secure whatever that is put out in the market, and oil likely to shoot up to $150 if they don'tend in another mth. What about LNG, fertiliser supply etc. Inflation will push up interest rates again. While you trade, also look at your other financial planning too. Any leverage, loans etc. Already my chicken rice is more expensive yesterday, as they just up $0.50 because of this war. 😮💨 Those with deep pockets...time to standby for shopping... the war will end some day. Happy investing Tigers!
Iran strategy seems to be targeting at US valuable assets/companies that has a presence globally. These will have an impact or create inconvenience to the world. Let's die together? No, lets make more enemies for US. This could provoke global uproar at US decision to invade Iran and pressure US to halt. But when US decide to stop...will Iran accept or continue to revenge? So, market volatility may continue for some more weeks or even mths. This time is different from recent war between Russia and Ukraine, Israel & neighbours. Major Infrastructure and key logistics are being affected and could take awhile to rebuild and recover. Hope for world peace...trade with caution, Tigers.
Does event driven volatility an excuse for correction? No one has crystal ball on how long this war is going to last. So, perhaps I will spread out my entry time during this volatility period and monitor the situation. Reality is, the war impact on economy and businesses don't reflect overnight. It will take at least the next reporting season to know the influence. Meanwhile, the bull probably moving from tree to tree hiding from the missiles & drones...volatility. 😅 Good luck Tigers!