This has been gut wrenching since February 18th till now with markets going into correction territory and closing in on bear market borders with close to 20% drawdown on Nasdaq and 10-12% drawdown on S&P 500.
Undoubtedly there are very bearish sentiments across both main street and wall street due to tariffs fears and uncertainty from the trump administration with deadline day at april 2nd looming with Vix spiking above 20-28 in recent days. This week will have big volatility swings and many shares are already near critical support levels.
For retail investors that are facing significant drawdowns, these are difficult times but markets will always recover in time. For those with cash and dry powder on hand, this is definitely a good time to pick up quality shares on sales with discounts of up to 20-50%, do exercise caution and buy in proportion or average down in trenches and always leave some cash on hand.
Mag 7 etc at discount and entry points consideration
Googl - 152/145/138
Nvda - 100/88/80
Tsla/tsll - 238/215/168/145
Meta - 518/465/380
Amd - 98/88/68
There are probably some silver linings and light at the end of the tunnel after April 2nd with more certainty and possibility of a fed put in place as trump has repeatedly tried asking the fed to cut rates And the current back and forth of his tariffs are more likely been utilized as negotiating tools and threats for Us agenda and interests (possibility of a trump put). When banks issued investor notes like Goldman and Morgan stanley flagging inflation concerns and recession risks and big funds going short since last Wednesday, these are usually red flags that banks and sell side are going to take advantage of this short term volatility and with AI and algos managing rug pulls in the short term, investors need to embrace for more pain this week likely.
Reference from Tom my favorite cnbc contributor:
https://youtu.be/5oNZmNqgeEg?si=xW0OY_KhobX2EWnu
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