/biz/ - Business & Finance

Compared to US stocks. Very bloated and too much a gap to fill. Pumped by a lot of junk compared to more solid businesses with ancient tradition philosophy in japan. Honda and toyota vs tesla. Cornerstone electronics industries like hitachi canon samsung. US blue chips like GE and IBM cannot be trusted anymore let alone the garbage startups. Lack of honor innovation.

All we need is one disrupter in fall/winter or in 2023 and we break critical support lines. I recommend selling and pivoting to yen.

>>50596895
Because we have a large gap to fill and they are afraid of rough 10 year trendlines breaking.

I did the TA and it tells me 4000 is the next level of support for the nasdaq. So we should expect tech stocks to lose about 40-50 percent of their marketcap by 2024.