Degen

Nasdaq down 6% two days in a row. Just under the 7% circuit breaker.

Big boys pulling out quietly?
Are they trying not to spook the herd?

Is the market still pricing in a “Trump might pull back” move?
If tariffs do go into effect, do we face a full-blown nosedive?

What’s your read, DEGENs?

The Nasdaq is heavily tech-focused and includes many of the world's most influential technology companies, like Nvidia, Apple, Microsoft, and others. These companies build products-like Nvidia's GPUs -that are used globally across industries. Because of this, the entire world is deeply connected to the performance and innovation coming out of Nasdaq-listed companies.

Now, when countries like China raise tariffs or fees on American tech products, it creates serious competitive pressure. It can hurt the sales and global reach of these U.S. companies, while at the same time giving local competitors in China a chance to gain more market share. That's why I'm closely watching what other countries are doing-especially moves that could impact the global demand for Nasdaq tech giants.

Read somewhere institutional money is selling but retail is still buying in, at least on day 1.

Hold the course! And keep tipping 500 $degen

The market is bad, but imo it's irrelevant what Trump does; the damage is done. American government is not to be trusted globally.

brypto

Since everyone is probably nervous right now, here’s a note of optimism:

The market is digesting the macroeconomic implications of tariffs.

If you’re invested in ETH or BTC, you’re not worried about the direct impacts of tariffs but you’re probably worried about a broad recession.

But a recession isn’t going to suddenly hit today or even this month, if it ever happens. Deals will be made. Prices will rise for some goods. Eyes will be on the Fed meeting in May to see if they cut rates and shift to QE.

In the new world order, as investors seek immunity from tariffs, ETH and BTC are some of the assets best positioned to weather the geopolitical storm. Even fiat cash isn’t safe from devaluation.

There’s reason to be (cautiously) optimistic. May fortune our bags, Milady.

https://warpcast.com/toyboy.eth/0x14d7d6ad

push money into Treasuries at the expense of Equities, lower rates to reduce debt interest payments - short term. then longer term, new capital comes into the US to fund new businesses.

if it works, then we will probably see an epic boom, if it fails then probably some kind of crash. 

I am hoping/betting on the former : ) 

🎩

BG and GM 🇮🇹☕

I see this month's DCA buying more assets towards the pension scheme 💚

Media loves negative news. I like discounts. Patience.

Investors will hang on to their money until they figure out what he's going to do next, and for the rest of his term. 

That's what happens in uncertainty.

Thomas Sowell criticizes Trump's latest tariffs.

"If you settle for a worldwide trade war, that has a devastating history. Everybody loses because everybody follows suit—and all that happens is that you get a great reduction in international trade."

https://t.co/mmTUYRHJ59

Thomas Sowell Quotes

Investors will hang on to their money until they figure out what he's going to do next, and for the rest of his term. 

That's what happens in uncertainty.

https://x.com/ThomasSowell/status/1907848959839580614?t=UWT4QEklnmNv_W3HbuE9GA&s=19

Ayupp, there's a strong "fuck it, we ball" pattern right there.