Turmoil months ahead!
$Nasdaq Composite Index (.IXIC.US)$ Just want to share a little wisdom, in coming weeks and as we going into election months, don’t just look at companies data and manufacture related other datas, you need to look at other important things, such as geopolitical tension and crisis; US dollar strength as we going into interest rate cut period; and especially watch out for USA political turmoil, I am warning you guys, as mainstream media keep endorsing Kamala.H and cheerimg she is leading few points head of trump on Poll result, the capitals and investors(not retailers) will keep selling their assets, why? Just oook up and check her socialist comments/plans and 45% capital gain tax purposal. Put yourself into those investors position, what you gonna do with your capital gains and US dollar based investment as dollar will weaken(after rate cut) and people cheering for Kamala.H as president;
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10baggerbamm : I couldn't have said it better myself ...nice job.. plain English..
151369719 :
CryptoBets : you are wrong...this correction is on point on Chart Technically, the hype of Ai has cooled off and market is selling on the news based on Feds cuts for Sept and it's justified...and usually before Election it's Bull...braces for Dip buying opportunity once reversal is clear
74582856 OP CryptoBets : Nope, the only way the current market will turn to up trend is whether NATO got dragged into the war with Russia or another Middle East war triggered so that capitals will run out from Europe and Middle Eastern countries looking for safe heaven, then massive capital flow into the USA, buying up tangible assets!
CryptoBets 74582856 OP : lol you're dreaming of war
for now it isn't
74582856 OP CryptoBets : I am not dreaming, I am just running one scenario, i am supporting peace, against the war. I am currently shorting the stock market, the more the mainstream media cheering for Kamala l, the stock market will trending down more;