Two things happened in the market:
1. Trump claimed he wouldn't strike Iran before the midterm elections. What he really meant was, “Once the midterms are over, I'm gonna beat the hell out of you” 😂😂😂
2. Less than an hour after the previous news broke, an OpenAI rumor piece came out and caused a bit of a scare, sending the Nasdaq straight into a nosedive. Most stocks fell by more than 5%. Then they recovered in the overnight session and premarket trading. Maybe it was just a rumor used as an excuse to shake out retail investors.
So, I think we should mainly sit tight and watch for now. With A社, the big player, still in the picture, I'll be taking a more conservative approach lately. I'll make a move if there's an opportunity; otherwise, I'll stay out.
1. Trump claimed he wouldn't strike Iran before the midterm elections. What he really meant was, “Once the midterms are over, I'm gonna beat the hell out of you” 😂😂😂
2. Less than an hour after the previous news broke, an OpenAI rumor piece came out and caused a bit of a scare, sending the Nasdaq straight into a nosedive. Most stocks fell by more than 5%. Then they recovered in the overnight session and premarket trading. Maybe it was just a rumor used as an excuse to shake out retail investors.
So, I think we should mainly sit tight and watch for now. With A社, the big player, still in the picture, I'll be taking a more conservative approach lately. I'll make a move if there's an opportunity; otherwise, I'll stay out.