Key insights
- The author suggests that a market crash in the Nasdaq and S&P 500 presents a buying opportunity for legacy and startup companies, potentially at discounted rates. This is framed as a favorable week for those with economic backgrounds or prior day trading success to invest in new or previously successful stocks. The outlook is cautiously bearish due to the mention of a market crash, implying potential further downside before recovery.
The market crashing big for the nasdaq and S and P 500 means there will be lots of legacy companies and start ups from the 2010s and early 2000s that will be at a discounted rate this week.
if you have a economic background from school or work or you have had success day trading in the past before, this might be a good week to buy into new companies you have always wanted to invest in or get back into past stocks you had success in.
Have to clock back into work lol but I’ll try my best to keep this post Updated.