Nov. 9 at 3:57 PM
$SPY $QQQ @howardlindzon We’ve talked about this before, and I still think a healthy correction of about 25 to 30 percent is needed to separate the real leaders from the pretenders. That includes AI. For example,
$PLTR is still one of my biggest holdings, and at this point, I’m playing with the house’s money after taking massive profits and my original investment off the table.
Lately, oil has been leading the way, especially the drillers. Just look at how
$HP and a few others have performed. Still, people will need to focus on a few key names to take advantage of upcoming catalysts. For most of the market, though, a pullback seems likely because, as we’ve said before, there’s still a big disconnect between prices and reality.
