🚨 solana:J3NKxxXZcnNiMjKw9hYb2K4LUxgwB6t1FtPtQVsv3KFr / $SPY / $QQQ — This selloff might not be done yet.
The market just lost trillions, but that could just be the first warning sign.
The US is heading into another midterm election season, and stocks don't usually do well during these times.
Since 1926, solana:J3NKxxXZcnNiMjKw9hYb2K4LUxgwB6t1FtPtQVsv3KFr has averaged a drop of almost 18% ahead of midterms.
The thing is, today's market looks even more shaky:
Valuations are high.
Top 10 stocks make up nearly 40% of the S&P 500.
AI is now the most crowded trade on Wall Street.
Rate cut hopes are fading.
Oil is back above $90.
Yields are climbing.
Liquidity is getting tighter.
This isn't just a routine dip.
It's a market built on a handful of mega-cap names:
$NVDA $MSFT $AAPL $AMZN $GOOG $META $AVGO $TSLA
When leadership is that narrow, one crack can turn into a panic fast.
My take:
Don't chase every bounce.
Keep a close eye on $SPY and $QQQ.
If selling keeps up, this midterm cycle could bring a much bigger reset.
Cash isn't weakness.
Patience is strategy.
Not financial advice.
$GOOG 's real business is way bigger than just ads.
The market still treats Google like it's only search and ads.
But the bigger picture is:
Search = huge cash flow
YouTube = global eyeballs
Google Cloud = enterprise AI demand
Gemini = AI product stack
Android / Chrome / Gmail / Maps = worldwide reach
Waymo = self-driving long-term play
That's why I see $GOOG as a major AI platform.
Downside is real too:
AI spending is going up.
Search has more rivals.
Regulators are watching.
My game plan:
Don't buy into hype.
Buy on dips.
Keep an eye on Cloud growth and Search revenue.
Add positions only when the chart holds support.
Watchlist:
$GOOG / $MSFT / $AMZN / $META / $NVDA / $AVGO / $TSM
Not financial advice. 🚀
@MooreScottmoore I wonder how much of this is just profit-taking after the run-up. The long-term demand for infrastructure isn't going anywhere, but short-term sentiment can make any stock look ugly.