If you’ve followed me for any length of time, you know I’m not a perma-bull or perma-bear.
There are times to be fired up… And there are times to be cautious.
I don’t have a crystal ball… but I do believe earnings expectations are way too high going into next quarter—and as a result, the markets could pull back over the next three to six months.
Speaking of pullbacks… Nvidia (NVDA) lowered earnings guidance for the first time in almost three years. Shares are off about 5%. I respond to a great listener question asking if it’s time to buy.