[sgbuffett]

so how are doing? can share?

i think dow is looking good for a bounce.

i will try to buy PLTR SMCI and TSLA for a ride.

Any bounce is temporary

Here's why..

1. Ok interest hike or just stay in ng high will pressure stocks down.

2. Oil prices keep going up and will push up indlation

3.wiith inflation rising  Fed will have no choice but to keep interest rate higher for long and they will resume rate hikes.

4. With rates so high for so long ...investors will sell stocks as one can get 5% for USD risk feee govg bonds.

5. Dow and Nasdaq will not be able to sustain a rally...and will go on down trend.