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I think the next move for US stocks, $Q, will trade in a range.
This kind of volatility is a great time to buy low $smh $DRAMB .
Reason: AI is still the main theme, and AI hard-tech’s ability to make money hasn’t changed.
40% of S&P 500 profits come from hard tech.
Nasdaq’s current aggressive trend is completely driven by hard tech.
Defense relies on the Seven Sisters; the Seven Sisters are now in a blood-pack protection mode.
Globally, the current market main theme is also AI hard tech.
There’s a trend, a narrative, growth, earnings, and more.
Over the next five years, this will be hard to change.
I will continue buying $smh to validate my view with my actions.