So, short Nvidia? 😅 Even if that's a possible trade, I would at least pick on AMD at this point and not Nvidia. But the S&P 500 and Nasdaq look really bad today, even if Tesla had poor results. I'm not short but it looks like you would want to short tops here as we are entering a corrective phase.. Spotify always seems to perform, I have watched it but not participated, unfortunately. I think oil is ok here, there hasn't been much going on to ignite it lately and when that's the case, it sags. Going into September, I like oil here. Canada cut again (no one cares) but all it really does is help people with mortgages and people who are already invested in bonds, the markets don't notice it.
@ipekozkardeskaya13833 ай бұрын
:) well yes AMD has a hiiiigh PE ratio (206) and could see a worse selloff in case of a market rout. Oil - I’ve been too optimistic, the reflation inflows could help hold ground and now we have bad data from Europe and China :// I love Spotify - it’s the last thing I would let go but I am probably not the average user. And finally, selling tech will be good at some point, maybe this time is the right time ? We will see…
@samthedoor3 ай бұрын
@@ipekozkardeskaya1383 the badder the better for oil haha once the damage is in, there isn't a whole lot of downside left. But, we'll see. Spotify is doing something right. Yeah, I don't think the tech sector is just gonna crash but we're going to find a good opportunity to go long on the mag-7 or whatever it's called now.