Down we go
I was most intetested in the earnings report from $Apple (AAPL.US)$. It is a major pivot point for the overall market due to inclusion in major indices ETFs and so many retirement accounts. I have been waiting for the AI bubble to begin bursting, and the recent downturn in AAPL is the first major indicator of market trend change. To be sure, I expect AI to become as much a part of daily life as the internet is today, but the present valuation of the tech sector is too high. Now is time to wait for the crash to begin, with dry powder, ready to scoop shares once the market is done correcting itself.
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