Simple, nobody knows. whoever tells you they know, are foolish.
nonethless, if you run back to the scenario of msft back when it was dropping everyday, 14 consecutive red candles.
Why? Capex worries. And when MSFT announce their ER on the 2nd time, what happened? it went from 320 levels to 450 level. Msft is at 500-ish now.
These are the companies that can scale in this AI narrative. MSFT, AMZN, GOOG, now meta and very likely, TSLA.
Hence, it is a good opportunity to accumulate.
Also, midterm elections will affect stock prices for sure. I mean it in a good way.
Correction is needed in order to sustain this bull market.
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