Bear market (more than 20% price decline) begins or a Tom Lee’s deep correction (10-20% price decline from ATH) I progress?
AAPL reclaimed $4T market cap and is now ahead of GOOG and behind NVDA.
Can AAPL reclaim the throne from NVDA?
Is there anything you are buying?
Added to PLTR.
Short some NVDA puts… Dec 18, 2026… $140.
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So red 
Very good interview with Druckenmiller. One interesting thing he said is technical analysis is just 20% as useful today as back he was a young hot hedge fund manager, because everyone is using it now.
@manch & Others
Technical Analysis won’t work for billionarres, by their size, but it works nicely for those small retailers, say less than 10 million (balpark) holders.
However, stock market knowledge (without reading news/media analysis) is important than TAs.
In short, you may be expert in SFO real estate, city by city (even street by street) and to some extend bay area - city by city, without any help of realtors or analysts. You do not need to read news/posts to judge real estate - an expert in your own area.
When we have similar knowledge in stock market, the retailers win by using strategy (need not be TA). This is enough to make money in stocks and secure a retirement for many of the common man.
This is exatcly I gained last 7-8 years, complete knowledge about stock market. I do not read news/tv etc, but read lot of books, learnt through good youtube posts, reddit posts…etc. This is essential for anyone’s survival.
Only one important concept required for any retailer: Never lose money (Buffet concept) as it is hard to recover.
Just as an example: Know the difference between VOO, QQQ, QLD and TQQQ. One person bought 100 shares of QLD in 2009 and holding till date (got 100x). This is not TA, but he understood the risk and stockmarket. Simple excel backtest is important as history repeats itself.
See blind trust (like the way hanera and WQJ, bought never sold)
To survive and earn (slow and steady) a retailer do not need more than VOO, QQQ, SMH and their 2x and 3x etfs.
Never bet negative (shorts and puts) side, always try to find bottom of VOO, QQQ or SMH and buy them or trade them.
Do not base decision on news/media analysts, understand the deep fundamentals.
Avoid/ignore all such news => Market gained due to NVDA 5% up or Market lost due to NVDA 5% down etc. These are pure noises, not truth. Most of the daily news about fluctuations are wrong.
Read ‘Accounting for Value’ by Stephen Penman, learn DCF (to understand concept) no deep usage required. This is just 244 pages. Even 50% skimming enough. Read ‘Margin of safety’ by Seth Klarman, again 250 pages, skim is enough to understand concepts.
Good Luck to you all.
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I suggest that stock picking and trading should be done after securing a primary home and establishing a dollar-cost averaging (DCA) scheme for accumulating a broad-based index like the S&P or Nasdaq 100.
I agree. To add, it’s emotionally challenging for many people. The significant declines during bear markets are difficult to bear, and most investors are likely to panic sell.
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Yesterday nearly every article on MarketWatch was doom and gloom. One could have predicted based on that alone that we would rally today.