Indices still near ATHs but big drawdowns in growth stocks!
$AFRM -45% $CRWD-32% $DLO -60% $FVRR - 65% $GLBE -43% $LILM -60% $LSPD -65% $MELI -49% $MQ -60% $OKTA -34% $PATH -54% $ROKU -60%
$S -45% $SE -37% $TWLO -48% $UPST -60%
Buying over next 6-8 weeks = decent 5-yr IRR?
$AFRM -45% $CRWD-32% $DLO -60% $FVRR - 65% $GLBE -43% $LILM -60% $LSPD -65% $MELI -49% $MQ -60% $OKTA -34% $PATH -54% $ROKU -60%
$S -45% $SE -37% $TWLO -48% $UPST -60%
Buying over next 6-8 weeks = decent 5-yr IRR?
If the CPI print stays elevated and the Fed tightens rapidly, stocks likely to come under pressure over the next 2-3 months.
However, with massive drawdowns in growth stocks already behind us, weekly buying over next 2-3 months should reduce anxiety and deliver decent 5-yr IRR.
However, with massive drawdowns in growth stocks already behind us, weekly buying over next 2-3 months should reduce anxiety and deliver decent 5-yr IRR.
The indices not telling the story but November was a brutal month for high growth stocks!
ARK ETFs declined ~30% and many growth names tanked 40-60% in ONE MONTH!!
Markets are becoming super fast; the discounting machine is becoming more efficient.
ARK ETFs declined ~30% and many growth names tanked 40-60% in ONE MONTH!!
Markets are becoming super fast; the discounting machine is becoming more efficient.
Word of caution -
My tweets are simply my thoughts (not investment advice). I do not possess a crystal ball and am wrong from time to time.
Nobody should blindly follow my moves or buy/sell stocks without doing own homework and research.
Thank you.
My tweets are simply my thoughts (not investment advice). I do not possess a crystal ball and am wrong from time to time.
Nobody should blindly follow my moves or buy/sell stocks without doing own homework and research.
Thank you.
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