Outside SNAS my portfolio is focused on ASX resources Micro to...

Outside SNAS my portfolio is focused on ASX resources Micro to Jnr cap space ...Higher risk etc ... I decided to take the SNAS not as a direct inverse short for my holdings in Lithium , O&G , Graphite , Mineral sands REE ,Nickel ...etc ...

But as a place to put a good chunk of capital waiting on results from many of my holdings in which I would top up depending on results ..

Also with all thats been going on in recent times I believed we could see a sizeable correction esp in the FANGS that weigh very heavily in the Nasdaq index .... so far I've been wrong and the DEBT Ceiling , Higher rates ....... the NDX really has had a steller run up since the start of the year ..surely its time for a breather ????



https://coingape.com/jp-morgan-stocks-crypto-crash-debt-ceiling-talks-go-wrong/
In a note to clients on Monday, JPMorgan’s equity macro strategy team expressed concerns that equities may be slow to factor in the risks of a contested debt-ceiling rise and the growing probabilities of a technical default. As the US gets closer to the deadline, these risks could sharply re-price, leading to broader market turbulence.