hiddensailor60 said:I have to wonder, what is the actual point of trying to predict the movements of the Nasdaq?
Does anyone here actually hold any overseas stocks? Or are we still under the delusion that our local version of Trump has any meaningful correlation with the Dow Jones or the Nasdaq? 🤔
The serious money already retreated to cash long before anyone started whispering about a recession. The USA and the Nasdaq took a hit, and they’ll stay beaten down until there's actual proof that a recession isn't coming. 😕
If things turn around, maybe we'll see some significant gains by late fall or year-end. That’s the best-case scenario. If it happens sooner, fine.
But if the other scenario plays out, we’re all going to be "long-term investors" whether we like it or not. 👎
Trying to guess daily fluctuations is mostly pointless, but hey, if you enjoy the entertainment value...