Big potiental for Russell 2000, REITs & Bond markets in second half year of 2024. AI stocks may be struggling in short term but fundamentals are still very strong. A little pullback is normal.
$Amazon(AMZN.US)$i hope you do have some small caps in your portfolio. at the very least just buy some$iShares Russell 2000 ETF(IWM.US)$and hold. today the top megacaps are seeing some selloffs while the small caps are seeing big green days. don't panic and hold onto your shares. basically everyone has been buying these megacaps to FOMO chase the rally but today they see all these small caps rising they're like shit i gotta take profits on the megacaps...
MomentumPython1337OPrazo2:
u referring to small caps? it is expected that rate cuts will reduce cost for small caps since they usually need to borrow a lot to finance growth. so lower interest rate is good for their profit margins and for cash flow. market is forward looking. i will be very surprised if small caps don't explode in 2nd half of 2024. i myself have various small caps + significant shares of IWM
razo2MomentumPython1337OP:
bro look at oil if JP cut rates where you think oil will go? it be like 1970 again. 2008 also the same thing. oil always loves rate cuts, you cut rates oil will fly so high it will send the market back into inflation and stagflation. I work on the oil sectors. oil average price is 50 to 60 per barrel. we are way above means inflation. you need to remember today oil price is OPEC+ cut supply back to 2010 and US busy dumping SPR.
MomentumPython1337OPrazo2:
ok look if you're that bearish then the only thing you can do is either short SPY outright or buy naked puts or hold onto cash and put into fixed deposit and be satisfied with 3-4% per annum yields
sentosa island : good day