NASDAQ out of the penalty box?

It seems to me that the extensive correction suffered by last year’s stock market winners is coming to an end. Many former darlings have lost a third to a half of their peak values, which I think is enough to puncture the previous wild-eyed enthusiasm.

What happens from here?

Investors sort through the tech rubble, where, it seems to me, the baby has been thrown out with the bathwater. But a more measured approach than in 2020 will likely be taken. That is, a sharper look at business growth prospects, current earnings, possible competition… I don’t think it’s essential to have an exit plan for everything, as it normally is with any growth stock. That’s because I think the current economic and political situation is still too fluid for intelligent end-game planning to happen. But I woke up this morning thinking about this topic seriously for the first time in a while.

more on inflation tomorrow

One response

  1. Pingback: NASDAQ out of the penalty box? – Learn How To Trade

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