Is a big correction coming in January?

[Robert Mugabe]

Everyone on youtube seems to think so. My over priced NVDA is finally crawling out of debt since I bought it high a couple of months ago, but I was watching a few vids with people proclaiming a big hit is coming in January, followed by a downward roller coaster ride for the rest of 2025. One person was saying they haven't seen such inflated prices since 1929.
I see a lot of people touting AMD, which has been tanking to the point where it is starting to look like an attractive "buy low" situation. Allegedly their new chips are going to take the world by a storm and kick NVDA's ass. But I have about as much faith in that company as I do in SMCI.

 

[mikew1]

Yes and no. I'm 50% sure of it.

 

[richaceg]

Everyone on youtube seems to think so. My over priced NVDA is finally crawling out of debt since I bought it high a couple of months ago, but I was watching a few vids with people proclaiming a big hit is coming in January, followed by a downward roller coaster ride for the rest of 2025. One person was saying they haven't seen such inflated prices since 1929.
I see a lot of people touting AMD, which has been tanking to the point where it is starting to look like an attractive "buy low" situation. Allegedly their new chips are going to take the world by a storm and kick NVDA's ass. But I have about as much faith in that company as I do in SMCI.

AMD IMO is still pretty high from where they were a year ago...$80? I think...they are also falling behind on the AI stuff.

 

[dvous11]

There are a lot of "financial market" people on youtube who've been calling for a massive correction for years.
Even though many county's economies are technically in recession, markets are pumped up to continue to exist at all time highs.
Hedge funds drive a lot of this.

 

[DesRicardo]

Everyone on youtube

There's your answer.

 

[Goodoer]

AMD IMO is still pretty high from where they were a year ago...$80? I think...they are also falling behind on the AI stuff.

I bought in the $80ish range last time and will do so again... I'll show interest when it drops below the $120 mark as it seems to hit resistance passing below that mark.

 

[Goodoer]

And AMD has just dropped below $120… Buy target is $110 (which is the old $80…. Inflation and all)

 

[Olivia-69]

I'm buying and mainting a long-term strategy for AMD this week, while using daily strategies for other stock until the market returns to normal/high risk mode.

 

[Goodoer]

I'm buying and mainting a long-term strategy for AMD this week, while using daily strategies for other stock until the market returns to normal/high risk mode.

Individual stocks are intriguing and exciting. I'm certainly sitting on some long-term losers (future winners?). As always, the reminder has to go out that Index ETFs do very well and take the stress off. I'm a ZSP fan.

 

[Olivia-69]

Individual stocks are intriguing and exciting. I'm certainly sitting on some long-term losers (future winners?). As always, the reminder has to go out that Index ETFs do very well and take the stress off. I'm a ZSP fan.

I have been feeling really frustrated lately because I've lost a lot of money. With what I lost, I could have traveled to Tulum four times! I still have some hope with cryptocurrency, and hopefully, it will pay off. XRP is doing well right now, up about 12%. When I think about it, if I were a millionaire, I could have made a fortune!

 

[Shaquille Oatmeal]

I have been feeling really frustrated lately because I've lost a lot of money. With what I lost, I could have traveled to Tulum four times! I still have some hope with cryptocurrency, and hopefully, it will pay off. XRP is doing well right now, up about 12%. When I think about it, if I were a millionaire, I could have made a fortune!

Invest in all equity ETFs and not individual stocks.
Couch potato investing is the best.

 

[Olivia-69]

Invest in all equity ETFs and not individual stocks.
Couch potato investing is the best.

I consider myself a risk-taker. While I currently have some long-term, growing individual stocks, and also I'm maintaining my high-risk investments with risky stocks because they significantly boost my portfolio, and I trade them on a daily basis. I have more faith in cryptocurrency than in any other investment right now! My portfolio is evenly split at 50/50. May change it later because the market is to uncertain right now… I'm focusing on buying great meme (XRP and XLM) +(maybe doge if we find an utility value to it) coins because I genuinely believe they have the potential to make us rich one day! It already made a lot of this new generation millionaire, and I wish I was well informed in 2020/22

 

[Shaquille Oatmeal]

I consider myself a risk-taker. While I currently have some long-term, growing individual stocks, and also I'm maintaining my high-risk investments with risky stocks because they significantly boost my portfolio, and I trade them on a daily basis. I have more faith in cryptocurrency than in any other investment right now! My portfolio is evenly split at 50/50. May change it later because the market is to uncertain right now… I'm focusing on buying great meme (XRP and XLM) +(maybe doge if we find an utility value to it) coins because I genuinely believe they have the potential to make us rich one day! It already made a lot of this new generation millionaire, and I wish I was well informed in 2020/22

Meme coins crash as fast as they go up.
For daily trading youd need to be very industry savvy or youd lose money.

 

[Adam_hadam]

Right now S+P 500 is +2.6 standard deviations, mean reversion will happen. Trim some of your winners, have some cash on hand when the pull back happens.
btw great day for Citigroup

 

[Olivia-69]

Meme coins crash as fast as they go up.
For daily trading youd need to be very industry savvy or youd lose money.

Hello, I do not engage in daily trading with meme coins. Please refer to my previous message to learn about the one mentions, plus I would sell them when they hits the peak.