James Campion @campervans: "𝙏𝙃𝙀 𝘽𝙊𝙏𝙏𝙊𝙈 Is this the bottom📉? We..."

United Arab Emirates

𝙏𝙃𝙀 𝘽𝙊𝙏𝙏𝙊𝙈 Is this the bottom📉? We shouldn’t think of “the bottom” as a point in time ⏰, but rather a process. Timing the bottom, doesn’t really matter all that much. In fact, trying to time it, can lead us to bad investment decisions. The process of change in direction will come with the convergence of two things. 1. When prices reflect the current conditions, outlook and sentiment. 2. When there’s an improvement of the key drivers of the future outlook. At this point in time, looking at a company's individual properties without considering external (macro) factors, is like judging a piece of clothing without considering the weather. Sure, it could be a high quality t-shirt, but it’s not going to fare well in the rain! So our process is, monitor these external factors, build upon this year's watchlist (here -> etoro.tw/3ARfi0V ) with companies best suitable for this and the future environment - and stick to this year's plan unless anything changes. —----------- This feels like the end of the beginning (of the downturn). The markets have been repricing to take into account normalising monetary policy and it would be fair to argue that this is now mostly priced in. The next concern is both a low equity risk premium - meaning, we’re not being paid very well to take risk at the moment (hence the low risk score this year) and earnings - these are likely to revise lower. I’m guessing this will look like aggressive (but short) relief rallies on any good news, followed by the continuing trend lower. It’s equally as important to avoid relentless pessimism as it is blind optimism. With this in mind, I remain ready and willing to change my mind on all of the above (but slowly). I understand for investors, this environment can be unsettling, but it can present some of the best possible opportunities, usually at the point of maximum investor pain - which is approaching, and for which I have a number of opportunities in mind. $NSDQ100 $QQQ (Invesco QQQ)

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NSDQ100

QQQ

Invesco QQQ