2D·

YTD Performance

So, now my performance YTD is worse than $XEON (-0%) . The broad market has been weak for a long time and since I don't have MAG7 directly + $BTC (+1.38%) the performance is poor. 🫣😅

Let's see how things continue 🎢🎢 but even the positive news from $NVDA (+0.31%) are not helping. So you can see how bad the sentiment is. So the trend is downwards. ✌️

23 Comments

Basti92@BavarianLion

We are in the middle of a bear market, the NVIDIA figures were just a short breather! I think it will fall another 15-20%! I think the Nasdaq will go below 22000!

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Der Spekulant@Derspekulant1

@BavarianLion achso he just falls from 24500, which he hasn't broken through yet, directly to 22k, it's been a long time since I read such nonsense.

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Daniel@danielsofficial

@BavarianLion As annoying as it all is, I'm honestly just waiting for a 15-20% drop. Simply so that the overvaluation is reduced and you can then get back into good companies at fair prices.

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Basti92@BavarianLion

@Derspekulant1 The resistance is at 24200! I think it will fall tomorrow! And then the way down is clear for the time being!

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Basti92@BavarianLion

@Derspekulant1 Incidentally, the 24500 mark has already been breached on the downside

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Der Spekulant@Derspekulant1

@BavarianLion Oh, and why are you so sure, do you have a crystal ball that tells you that?

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Basti92@BavarianLion

@Derspekulant1 I wrote "I think", so it's my guess. The new labor market data from the US has made a rate cut virtually impossible, so the market will fall even further! Of course, we don't know how low!

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Der Spekulant@Derspekulant1

@BavarianLion okay and what makes you think that there will be no recovery tomorrow?

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Basti92@BavarianLion

@Derspekulant1 Point 1: There will be no interest rate cut!
Point 2: What should be the reason for a recovery? If there's one thing the stock market hates, it's uncertainty! And we have enough of that at the moment!
But as I said, it's my guess, I don't have a crystal ball either 😉

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Schmon@SchmonInvest

@BavarianLion We are not in a bear market.

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Basti92@BavarianLion

@SchmonInvest So that's not normal vola for me! Do you think this is a normal correction? 🤔

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