In my opinion, I see the market going up during the next months. Especially those beaten down tech stocks.

TQQQ hit strong resistance at low 16s.
SQQQ hit two 58$ peaks. No upside potential left for it.
Stocks such as AAPL, META, AMZN, TSLA and GOOGL are way too low and are great buying opportunities for hedge funds.
Hedge funds recently opened new positions in tech stocks, most importantly Jim Simmons from Renaissance Technology who is bagholding ZM at over 200$ a share and Airbnb too.
They are making retail feel very bearish so that no one buys the dip.
Just look at ECL, a dividend aristocrat with tens of billions in market cap and over 100 million dollar in daily trading volume. Bill Gates favourite stock pick for long term growth. It’s down 30% just like in the 2008 crash. If the investors don’t buy now when will they buy???? When it soars 50%?
BASIS POINTS HIKE IS THE SAME AS 2006.
425BPS
Starting premarket red after a failed Santa rally before the FED news is a classic.
They want the bagholders of tech stocks to still be down 60-70% even if a new bull rally starts and at the same time, don’t want new retail investors to buy and make too much profit during this possible rally.
I’m bullish and see that the big guys are also bullish.
ARK invest lost a bunch of money. But nothing stays in the same direction for years. There is always a reversal at one point no matter how small.

This is not financial advice and please do your own DD before trading. This is just my humble opinion about the market. This is speculation and the market may dip a lot. No one can predict those things and be certain of a specific outcome. I’m not talking about any stocks in particular.