Indices & ETFs

Above is a progress of the picture below…

10-Yr yield vs Nasdaq.

Rising yield is bad for NDX? Really?

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I am out of country ( even longer duration) set with everything at TQQQ.

Shocked to hear you sold AAPL, thinking century correction, biggest blunder.

There is no century correction unless nuclear war head flying across the world.

Last year it took one month feb- mar to correct 30% s&p that made appx 44% Nasdaq correction ended in mar 23rd.

Now market is behaving exactly like that ( repeat story ) which boom Nasdaq again the same way.

Panda is perms bear that won’t work.

TSLA will never come to 400 and will touch soon 750 to 800 range.

Next 45 days are really bullish and good time to get in if not got by lowest tqqq at $76.

With negative look ( esp when market is deep) good to buy

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Sold 50% in one account only, pay attention to the details. And the reason is not because of

Just want to bet on the metaverse mega trend which I believe has just past the chasm (correct term?). AAPL is also riding this and may be the one leading the trend but since it is so huge, highly unlikely to be able to 10x, and definitely can’t potentially 100x. Other FAANMG stocks also on this trend but similar issue, can’t 10x and 100x.

If I have sold because of century correction, why am I buying into U TDOC ZM? Yes, next time, think first then talk.

So sure? Century correction doesn’t mean century long :slight_smile: Should last a few decades, and will have multiple bull and bear markets in traditional definition. Remember corrective wave doesn’t mean down, down, down… could be up big time e.g. expanding triangles/ flats… I have to repeat this again and again… those who don’t have deep understanding of EW always interpret corrective wave = down down down.

I was just messing around… I have no idea whether it would or won’t. But I am very sure so long TSLA couldn’t scale above $720, the probability of going to the price zone of $450-$350 is higher than going to Cathie’s target… take note, should go to Cathie’s target for both cases, just different route, buy n hold investors don’t need to bother.

One last final up wave is not here yet so any deep decline is a buying opportunity. So you are not saying something that is not contradictory to Panda’s view. In fact, saying what Panda has been saying.

Welcome back @Jil

When NDX rockets, reason given is because of declining yield. Now that yield has re-bounced, is logical that NDX has to correct the rockets. In realty, NDX hardly correct. See my annotation in green. I think Cathie is right to observe that historically market ignores yield that is less than 3% i.e. When yield is less than 3%, it is irrelevant to the market. Market is full of talk of rising yield causes the market to decline is because “the original talk is declining yield causes market to rise” and market is discounting the possibility that in future yield might rise above 3%. Take note that I am talking like a liberal arts… say the same thing in many ways.

Typical liberal arts argument: A + B = C hence A = C - B and B = C - A, also C = A + B and A + B - C = 0

Need to repeat myself again. It is impossible to predict the pattern of a wave four but this has not stopped immortal like Panda and me to try the impossible. QQQ/ TQQQ could still be in wave iv. However, we can presume has completed so long TQQQ doesn’t break below 83.04.

When yield was above 3% it was also irrelevant to the longer term performance of the market.

Having some knowledge of liberal arts is good because market is made up of people driven by their psychology.

Psychology is not liberal arts. Voodoo science at best. Most people who became psychologists are crazy and are looking for answers to their own problems

Psychologists are not the ones who understand psychology. The ones who understand psychology well are the politicians.

And most politicians have liberal arts degrees.

QQQ saw a massive inflow this week.

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Not in Singapore. Most of them are in engineering :slight_smile: and other STEM majors.

The founding father had a law degree from Cambridge.

Most :face_with_symbols_over_mouth:

OK. The younger Lee was a math major, and we all know math majors are the smartest. :+1:

How come you didn’t announce more directly on the forum that you have a math major?

I always thought math majors were like the Unabomber

If you are not shorting the market, stay afk for a few days. Master Wu says one more DIVE 2mrw before the one last UP wave before the epic CRASH. Fasten your seatbelt! Going to rocky.

He didn’t mention that DTK so I presume above prediction is not 100% to happen, is another of his guessing. Regardless, better to be afk for a few days.

I’ve been shorting little bit of qqq, arkk, IWM/imo and spy since I went cash a few days ago. My plan is if they keep going down until Friday, go all in long Friday eod 3x leveraged etf, calls, etc across the board. Let’s see some more panic… :face_with_monocle:

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