Would I Buy This Dip? The Answer Might Surprise You.

In just a few weeks, the Nasdaq is in a correction and the bitcoin rally is likely over.

It has been just a few short weeks but in that time, the Nasdaq has entered a 10% correction and bitcoin has lost over 26% from its all time high, entering a bear market.

Large cap tech stocks that were once the darling of the market like Tesla has lost 45% of its value.

Last year in 2024 I warned of jumping on the big tech bandwagon just because everyone and their brother was on it. Admittedly, I was a little early.

Would I Buy This Dip?

Now I'm no stranger to buying the dip.

In August 2024, I took advantage of the JPY carry trade unwind and BoJ interest rate raising fracas to load into more stocks. Quality stocks like DBS were down as much as 14% in back to back sessions.

But I want to be more cautious about this current unwind for the following reason.

TERMS OF USE: Some of the information on this website may have changed since the time of writing. By continuing to read this article, you agree to be bound by our Terms of Use and Disclaimer and verify any information before taking action.

LEGAL DISCLAIMER: This content is for informational purposes only. You should not construe such information as material for financial, legal, investment or tax advice. Views and opinions expressed by The Family Investor are personal and not meant to constitute advice. In exchange for using this site, you agree not to hold The Family Investor liable for any claims of damages upon decisions you make after visiting this site.