While there seems to be many economic uncertainties in the market due to the Russia-Ukraine war, inflation, banking crisis, that will lead to many more possible economic downturn scenarios, sometimes you just need to spot the opportunities. Just last month, the tech sectorwas all doom and gloom - Microsoft,Twitter,Meta, Google, Amazon with their massive layoffs. However, many of these companies are seeing a bullish trend starting to happen. Think of it as a reset button. And also the nature of technology and its advancement. Through it's dips, technology will continue to progress and advance and the sector as a whole will come back up, it just depends which company/what the technology is and its application. AI is the talk of the town at the moment as seen in AI stocks in all markets that
The bank stocks in the US specifically are in trouble, or anything tied to US bonds. One would question why almost 95% of the deposits inSVB were not insured. And its no surprise following the SVB debacle, BTC and the crypto market started to soar. People are starting to lose faith in centralised banks, withdrawing all their money. And the fall of other banks are starting to follow suit. Meanwhile, the US government is focusing their funds on infrastructure projects and supplying billions worth of arms to Ukraine, spendingmoney they don't have. So much political and power moves when they can focus on trying to get the country in order. It is sad but true. And all this will have an impact on markets worldwide. But no i don't believe it's bottomed out, it will
Riding the AI wave.$NVIDIA Corp(NVDA)$ hitting ATH due to AI boom, mimicked by other AI stocks i.e.$Palantir Technologies Inc.(PLTR)$ . NVIDIA have been smart with their application of AI to their products, unlike other companies who merely create software or automation/content. There is a reason why they are one of the leading (if not the lead) in this space. Market cap right behind Apple, huge market share in this space, plus quick recovery after dividend payouts, and with GTC approaching, all signs point one way for now. High potential to hit $1k or more. Ride the wave, don't fight it.
BTC has shown quite a bit of volatility recently. If trading crypto or any crypto stocks, please tread carefully. Always remember different although related, what affects crypto and crypto stocks have some differences. Due to the volatility at this point, it is probably risky to play Futures/Options unless you've done very detailed technical and fundemantal analysis and are quite certain which way the price will go. If you want to enter the market, probably less risky to spot trade instead. Hard to tell with the ETFs/Fed rates/talks about economic recession/potential bull run as we could be stepping out of crypto winter etc. Many are talking advantage to benefit from the crypto bull run at the moment. If you are dabbling in crypto, also beware wheb buying or entering any new alt coin