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- Mar 11 The technical bounce is happening as we
Market
“The technical bounce is a period of profit taking for the short sellers, not so much and exhaustion of the selling. I expect markets to bounce up 1-2% only to sell off again” 😮
The markets seemed to bounce after heavy selling in the last few days
Some of the leaders in this bounce were NFLX ( ▼ 3.21% ) NVDA ( ▼ 0.14% ) $META and TSLA ( ▼ 2.99% ) . While the bounce is a welcome proposition from the last few days of relentless selling, in the near term, all indications of tariffs being escalated should result in a freeze in short term consumer spending. That’s the trigger for a lower GDP print over the next 2 quarters.
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Today’s video is on Netflix NFLX ( ▼ 3.21% ) the leading online streaming company.
