Dear Reader,
Today seems a quiet day. Volatility measured by the VIX, though, has increased slightly. Another of my forecasts, Tesla falling significantly, seems to be unfolding earlier than expected. The Russell 2000 is down 7% from its peak.
Apart from tech and biotech stocks, I believe small cap stocks(under 2 bln. USD market capitalization) will be hurt most in the coming correction. The three groups could fall in excess of 30% on aggregate.
Disclaimer: This article is provided solely for informational purposes, and does not constitute an offer or solicitation to buy or sell any securities. The opinions expressed in the blogpost are the author's and they in no way express the opinion or official position of Bulgarian National Bank!
Conflicts of interest: I may possess some of the securities or currencies mentioned in the blogpost!
Stocks valuations, analysis. Unbiased. Insightful. Property of Wolfteam Ltd., www.wolfteamedge.com If you find the blog useful, LINK TO www.posledovich.blogspot.com Stocks, Bitcoin, Cryptocurrencies, AI, analysis, insights. CLICK ADVERTISEMENTS, SHARE ON SOCIAL NETWORKS! Technology, Bitcoin, AI, company strategy, stocks analysis. Stocks, crypto involve high RISK! Nothing on this blog is meant or should be construed as investment recommendation to buy or sell securities or their derivatives!
No comments:
Post a Comment