$QQQ August correction incoming?

28 Jul

- August correction incoming? 🚨
- Greed is all time highs; People are complacent
- I believe a correction of 5-10% is healthy for the market to flush out excess and remove junk investments from the market.
- This involves people who are over-leveraged gets trapped.
- Personally, taking profits from risky bets, some profits from quality names and raising cash.
- Rotating money to defensive names.
- Not exiting the markets completely.

28 Jul

Nota

Selling into strength to keep cashing out profit.

28 Jul

Nota

No one got broke taking profits!

29 Jul

Nota

Every pop is opportunity to sell and secure profits!

29 Jul

Nota

- Trump imposed 25% tariff on India. This one won't be easy to deal with
RIP QQQ SPY

30 Jul

Nota

FOMC on July 30, 2025. Interesting to see what Jerome has to say after tons of bashing by Trump lately!

30 Jul

Nota

Did Jerome powell just indirectly say that Trump policies are inflationary?

Does this mean higher rates for longer?

31 Jul

Nota

- Large cap is holding it up. People are taking profits, all pops are sold off.
- QQQ needs correction to find buyers who are comfortable buying at those levels.

31 Jul

Nota

- Market is bipolar, Outside of big caps, all other stocks and industry are entering a bear market.
- Mag 7 by the virtue of being capital rich are spending like a drunken sailor in the infra but the underlying economy is weak. Be it restaurants, housing or consumer cyclical.

- It'll take only one shot of realization before house of cards fail. If big cap tech stocks start cutting spending and start optimizing the resources they have. House of cards will fall faster than expected.

- Until then it's rolling recession.

31 Jul

Nota

- Market participants were pumping markets because of AI.
- AI is deflationary no doubts about it.

- Very shortly, people will fear deflation more than Inflation because AI will eat jobs and unemployment rate would be higher and a new normal would be higher unemployment as AI matures.

- New Graduates are finding it hard to find jobs. People who are laid off are also finding it tough to land a job.
- This trend will continue and it might boost profit margins of the companies in the short term but it's really bearish for the whole world in general.

31 Jul

Nota

- Why unemployment has remain steady is because high paying jobs are getting lesser and lesser and replaced with low quality jobs which are seasonal. These low quality jobs can't stimulate the economy.

- Same store sales are decreasing be it CMG , SBUX which should alarm anyone just an example.

1 Ogo

Nota

- Nonfarm payrolls growth totaled 73,000 for July, above the June total of 14,000 but below even the meager Dow Jones estimate for a gain of 100,000.
- June and May totals were revised sharply lower, down by a combined 258,000 from previously announced levels.
- The weak report, including the dramatic revisions, could provide incentive for the Federal Reserve to lower interest rates when it next meets in September.
- Health care and social assistance combined for some 94% of the job growth.

1 Ogo

Nota

- Health care and social assistance combined for some 94% of the job growth. This is because of aging population.
- Job creation isn't happening because of AI killing jobs.
- Economy is weaker than most people expect. It's visible from earnings of restaurant, casinos, airliners, fedex/ups etc.

- It's not been announced but let me tell you were have entered in a recession but officially it's not been announced!

1 Ogo

Nota

- B2B spending is masquerading the underlying can of worms.
- B2C is already exposing flashing red lights of Recessionary pressures.