The creator recommends buying SCHD during this market downturn as it represents a discount and is expected to rise in the long term.
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Investors Should Be Cautious The Next 48hrs
The creator advises caution in the current market due to three months of downward pressure and the S&P 500 falling below the 200-day moving average. He suggests using dead cat bounces as opportunities to buy puts on SPY and recommends dollar-cost averaging into ETFs like VTI, QQQ, and SCHD for long-term gains, emphasizing that despite short-term dips, the market historically trends upward.
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The creator recommends buying QQQ during this market downturn as it represents a discount and is expected to rise in the long term.
Microsoft's charts are currently unfavorable, suggesting it's not the immediate time to buy, but dollar-cost averaging is advised for the long term.
Nvidia's charts are currently unfavorable, suggesting it's not the immediate time to buy, but dollar-cost averaging is advised for the long term.
Meta's charts are currently unfavorable, suggesting it's not the immediate time to buy, but dollar-cost averaging is advised for the long term.
The creator bought $10,000 worth of VTI and recommends dollar-cost averaging into it as a long-term investment, anticipating a rebound within 12-18 months.
The creator advises buying puts on SPY during dead cat bounces as the market is expected to continue its downward pressure.