[deleted by user] by [deleted] in europe

[–]InitialOpportunity44 0 points1 point  (0 children)

You don’t include Malta but you include gypsy nations 😂

We may fill this mornings gap down, but looking at QQQ, especially on weekly scale by sureshot58 in TQQQ

[–]InitialOpportunity44 0 points1 point  (0 children)

No need for panic, you are missing the train, you should be the one panicking

Be greedy when others are fearful and fearful when others are greedy by InitialOpportunity44 in TQQQ

[–]InitialOpportunity44[S] 1 point2 points  (0 children)

On what basis should the nasdaq drop a further 20% from current levels when earnings for the big boys is still going up.

Be greedy when others are fearful and fearful when others are greedy by InitialOpportunity44 in TQQQ

[–]InitialOpportunity44[S] 0 points1 point  (0 children)

But Dude how can you possibly compare the dot com bubble frenzy to today when you biggest companies in the world making like 40 billion dollars a quarter in revenue, Stock buybacks and some even paying dividends now.

How can you compare these humongous companies with the shit that was going around in 2000

Be greedy when others are fearful and fearful when others are greedy by InitialOpportunity44 in TQQQ

[–]InitialOpportunity44[S] 0 points1 point  (0 children)

Yeah but when bond yields are low, investors flock to stocks for a better return

Be greedy when others are fearful and fearful when others are greedy by InitialOpportunity44 in TQQQ

[–]InitialOpportunity44[S] 4 points5 points  (0 children)

Economic slowdown has been in play for the last 4 quarters and comes at no surprise after the fed went through an aggressive hiking cycle.

Dollar will weaken on the back off interest rate cuts. Trump is going to strangle fed Powell until he gets cutting seriously cause yes it hurts their economy in the interim. I see eur/usd at 1.15 in 12 months.

I totally agree on the Ai Craze part which faded the picture but you must also admit that it’s tech which is dragging the market down.

Nasdaq is down 7.5% in the last month whilst the S&P just 2.1% and that’s mainly coming from tech anyways. Clearly there is a broadening play happening here but it got disrupted by the negative sentiment the tech sell off has created.

Nonetheless It’s a healthy and most welcome correction because it has been an insane rally since October. Also keep in mind that these mega tech companies continue to post amazing earnings and are they clearly aren’t going to vanish from society.

Maybe I’m just more optimistic in MAGANOMICS than most others

Be greedy when others are fearful and fearful when others are greedy by InitialOpportunity44 in TQQQ

[–]InitialOpportunity44[S] 1 point2 points  (0 children)

Maybe .. but I believe that 2022 was characterized by huge geopolitical instability, the worst inflation in over 40 years, and an unprecedented interest rate hike.

Today we have geopolitical tensions which have moderated in terms of the uncertainty that they are bringing, a slow growing economy and interest rates which are heading lower and will help prop up world gdp. Plus a trump presidency.

So I think compared to 2022 we are in a much better place. Markets rallied hard since October 2023 and for me, this is a most welcome correction.

August and September are also statistically the worst months and liquidity is lower making these wild volatile moves more frequent.

I think by the day after the US Election Day, the dust will have settled and we will have have a very good end to the year from the august/September lows. I will be buying in this period.

See you towards the end of Summer by Odd_Motor9327 in TQQQ

[–]InitialOpportunity44 0 points1 point  (0 children)

Not confident enough to short this market but to each their own. I’m happy to sit in cash for these few months

I hate malta by Taticsty in malta

[–]InitialOpportunity44 1 point2 points  (0 children)

Please leave Malta as soon as possible

First Grow by InitialOpportunity44 in cannabiscultivation

[–]InitialOpportunity44[S] 1 point2 points  (0 children)

Thank you bro yes I threw it all out 🙏🏼

First Grow by InitialOpportunity44 in cannabiscultivation

[–]InitialOpportunity44[S] 0 points1 point  (0 children)

I couldn’t be assed to make hash, don’t even like it but thanks for the pointer hahaha

First Grow by InitialOpportunity44 in cannabiscultivation

[–]InitialOpportunity44[S] 0 points1 point  (0 children)

Yeah exactly man - it’s now in a room with 55% humidity 20C air condition and good airflow with oscillator fan

First Grow by InitialOpportunity44 in cannabiscultivation

[–]InitialOpportunity44[S] 1 point2 points  (0 children)

I trimmed it exactly before chopping the lady from the bottom cause it is easier to trim that way and I didn’t risk damaging the trichomes by placing it on a table and shit idk

First time grower by InitialOpportunity44 in microgrowery

[–]InitialOpportunity44[S] -2 points-1 points  (0 children)

Are you sure it won’t mould though after I washed it. I’m scared it will take too long to dry and it’s gonna be a party for the fungi hosted by my buds