Nasdaq slips 2% today
Well it’s the last day for april, ending the worst month of 2024. Predicted that. Amazon beat earnings, but there are whisperings that the earnings wasn’t good enough. Same story on TSMC, AMD and SMCI. Three AI giants. All eyes on Fed tomorrow. Many will be shocked when Powell says no ratecut, need to watch the data bla bla bla… The market will drop. You heard it here first. Next week there’s all eyes on Nvidia. Bet the earnings isn’t good enough. Not sure though. Just a bet. BTC below 60 000USD today. I said two weeks ago that you should sell BTC. Also found two interesting articles today:
Amerikanske myndigheter stenger kriserammet bank | DN
Kraftig konkurshopp i april: – Vi tror dette fortsetter | DN
Plus horrible macro from Germany last week and this week and struggles with inflation. And USA’s economy is going too good and struggles with inflation.
Best regards
CEO J.E.V