How do we relate current market condition to the history. I never happened to see such brutal sell off from past 6 years of my investing experience. In fact , if i check s&p history from 2010, i don't see 10%+ correction after housing. I am following nasdaq more than s&p. This somewhat technically relates so far with 2018 (end ) -19 dip. Now i feel 2018 recovered in 3 months Here are problems: 1. inflation high 40 years 2. russia ukraine making things worse 3. speculative tech down by 70%+ eg: cathie wood arkk , zm, tdoc, shop .. list goes on. -> hedge funds are selling out , some others are shorting. -> instituations are selling out. -> retail investors are panic selling what you feel this will end up like ? Investor confidence is very low right now. and unless things change, big money wont get back to market esp in tech. Netflix report disasteros numbers but tsla was better. So too early to say how next week turns out to be. In previous qtr, apple, amzn, msft held up the market. Later inflation comps are difficult to beat and highly probable it will stay flat or go down. So long companies continue to grow business and have positive cash flows, innovation, diversification we should consider this opportunity to DCA in my opinion. Remember mega tech is trading at their lowest pe/ps ratios in near history.
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Let's wait till may. Once earnings are out for bigtech we will know