Dividend Collector
QQQM Diamond HolderExpected a pullback, but didn't expect it to take this long to start.
Still maintain the original view that this pullback won't be too deep - I estimate it will at most fill the gap from June/July.
The US economy isn't that bad, the AI bubble isn't that big, interest rates still have plenty of room to move lower, and valuations - valuations have already been beaten down below 2022 levels by stock prices moving completely opposite to strong earnings.
Concerns about high capital expenditures will be offset by more accommodative interest rate environments and higher returns; the software industry's ghost stories will also be quickly forgotten as one strong earnings report after another comes in along with rotating capital flows.
$Microsoft(MSFT.US)$Amazon(AMZN.US)$Alphabet(GOOGL.US)$NVIDIA(NVDA.US)
$Invesco QQQ Trust(QQQ.US)$SPDR S&P 500(SPY.US)If it can drop now, at least to the level of May or June, it would be the best for the market, especially for retail investors. Only then can the music and dancing continue for a long time. If it gets pulled up hard after just a slight correction like before and then keeps rising for many days without looking back, this bubble is really going to burst.
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