We're starting to put in a bottom I think in the Nasdaq, but it's not quite there yet. We're going to probably stagger around and see some volatility over the next week or so.
It was hard and tiring but I think our team really worked together and pushed through it.
I think we'll probably see an up session in the market over the next several days.
I'm not gonna get excited about it, but I want one.
It's the exact opposite of a U.S. presidential race, where you want to get out of the box early and scare off opponents by fund-raising and showing well in primaries.
I still prefer technology stocks. The tech sector is still the place were the earnings momentum is.
I think what you want to do is also focus on companies that are making the transition from old economy to new economy because they have 'old-economy' valuations, but are really joining the new economy and should have 'new economy' valuations.
The low volume is coming because the market is holding its collective breath ahead of the Fed.