Right now, no matter how high tech stocks rise, it has nothing to do with me.


I believe there are two possibilities for tech stocks going forward.
First, in the next few months, tech stocks will enter a main rally, exhausting all potential and peaking. This possibility is very small.
This possibility aligns with the current heated market, especially with the US, China, and South Korea successively announcing massive AI investments—South Korea even unveiled a $1.3 trillion plan. The whole market seems thrilled, but I don't see it that way.
Second, tech stocks will enter a prolonged correction in the second half of the year, bottom out next year, and then start a main rally. This possibility is more likely.
Because the US is currently hyping interest rate hikes, and there is a high probability of a rate hike in the second half of this year, which would cause a major correction in tech stocks. Once the US finishes raising rates this year and starts discussing rate cuts next year, tech stocks can take off again.
The yen exchange rate has already hit a 40-year low, which is a very dangerous short-term signal.
Moreover, a correction that first goes through a long adjustment and then moves into a main rally is a healthier trend that can sustain itself longer.
I don't know when the major correction will start. It's entirely possible that the market could rise for another ten days from here, and the US stock indices could challenge previous highs. But I won't gamble on it—I choose to stay away.
I believe gold$XAU is more worth waiting for. When it drops below $3,500, that will be a great opportunity to build a position.#Gate股票转仓功能上线
GLDX1.02%
PAXG0.42%
XAU0.43%
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admin88
· 2h ago
Only buy Bitcoin or virtual currencies; nothing else is worth buying.
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