anyone dare to buy the dip?
Nah, f**k Google. I condemn Google de... I still believe their future is bleak and got no hope (story another day again, but it still has to do with my previous posts and analysis on Google). Anyway, their previous earnings call they already said their future forecast will be lower... Add this with other AI models like ChatGPT getting more users than before...
In regards to other stocks, maybe after Powell then decide... Too risky, IMO.
My only concern is if Powell mentions the word "stagflation" or "we may only cut once this year" or some other ominous statements during his conference later... wah knn, I tell you GG. It may be the day some gaps will get closed.
And let's not forget, we don't know will Trump kpkb about Powell later. Trump desperately wants Powell to cut, but he isn't giving. And, as we all know now, Trump got this rage keyboard warrior habit - as soon as he is pissed off, he will start ranting on Truth Social without filter one...
The only "positive news" that is holding positive market sentiment now is US-China agreed to talk this weekend; along with Trump promising some good news these next few days. But you and me know he can be tua pow one... He also told to the press during Canada's PM visit that he is the decider whether to accept deals and proposals, not other countries. It may explain why last week he also promised they gonna release some details about a country wanna have a deal with them (and many suspect it is either India or SK) but then no sound and they swept under the carpet.
