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Strategies & Market Trends : Trader J's Inner Circle
NVDA 187.93-3.7%12:44 PM EST
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To: Trader J who wrote (56109)4/19/2024 4:20:24 PM
From: Zen Dollar Round1 Recommendation

Recommended By
Trader J

   of 56532
 
We had been in a tech bubble for awhile now, led by the AI revolution and big names like NVDA.

As you say, corrections like the one we're currently in are healthy for the market and we're nearing 10% for the Nasdaq. It's currently off 9.24% from its high.

That said, if interest rates remain unchanged this year and inflation stays steady or rises slightly, Mr. Market won't like that and it'll be much harder to find profitable plays in the near term.
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