描述
⋅ Well recession started since Q1 and yes, Q2 will be ugly too
Considering lowering of bitcoin.
Considering lowering of Nvidia+AMD stocks earnings
Considering lowering of TSMC, ASML earnings
+ end on market multiple
Then Sox have to sink deeply to 550.
The lowest value in 2009 is 168 so it's still 3 times higher than the lowest point and rich will remain rich. But latest buyer will suffer
Thanks for checking my other insight and have nice trade