Update 2 - Positions I am considering if the iv falls again.
$PYPL (+5.3%) puts
$ZIP (+10.4%) puts
$VNA (-2.92%) puts
$O (-2.72%) puts
Update 2 - Positions I am considering if the iv falls again.
$PYPL (+5.3%) puts
$ZIP (+10.4%) puts
$VNA (-2.92%) puts
$O (-2.72%) puts
Tech is overvalued due to Ki expectations, which cannot be justified at the moment.
Far too many people have "buy now pay later" loans that they shouldn't have. This in combination with inflation, high immo prices and rising Al rates will in my opinion trigger a wave of tenant bankruptcies, which in combination with higher interest rates will lead to bankruptcies for landlords. They will pull their money out of the stock market to secure their property and this will give tech the rest.
Of course it will never go to 0 but I think a 30-50% pullback is quite realistic. When the crash comes, I will buy a Msci world with a leverage of 3 and be happy. Until then it's wait and see and hold a large cash position. I am currently continuing to hold positions as I assume that they will act independently of the market in the above scenario $DRO (+6.63%) and $CACI (+0.9%) . As they are not dependent on the end consumer but on states and armaments are needed when they are needed, regardless of a country's financial situation. $TSLA (+6.49%) I consider this a hedge in the event that I am wrong and the market recovers immediately and in the event that Trump becomes president.
You can follow my portfolio live via the other posts 🤙🏼
The price target is $0.90 and the stock is covered by 5 analysts.
Buy
2
Hold
1
Sell
2
Zip Co Limited is an Australia-based company, which is engaged in digital retail finance and payments. The principal activity of the Company is offering point-of-sale credit and digital payment services to customers and providing integrated retail finance solutions to merchants, both online and in-store. The Company offers unsecured loans to consumers, both online and in-store, through the provision of line of credit and installment products. The Company provides services in four countries around the world, in Australia and New Zealand (ANZ), the United States and Canada (Americas). The Company’s segments include ANZ, Americas, Zip Business and Corporate. ANZ segment offers installment or line of credit products to consumers in Australia and New Zealand. Americas segment offers installment products to customers in the United States and Canada. Zip Business segment provides unsecured loans and lines of credit to small and medium-sized businesses in Australia and New Zealand.