"Sell on rallies," not "buy on dips," because rising interes...

"Sell on rallies," not "buy on dips," because rising interest rates will hit Wall Street, and the decline in technology stocks is surprisingly similar to the Internet bubble in 2000. We should not be too excited about short-term rebounds following a sharp decline in the stock market, because these rebounds are often illusions when the market is falling. Nasdaq staged 11 "dead cat rebounds" from April 2000 to August 2002, an increase of 45%, well before the stock market bottomed out in October 2002.
$SPDR S&P 500 ETF(SPY.US)$ $Invesco QQQ Trust(QQQ.US)$ $Tesla(TSLA.US)$ $Rivian Automotive(RIVN.US)$ $Amazon(AMZN.US)$ $NVIDIA(NVDA.US)$ $Disney(DIS.US)$