Not over yet.

 The Nasdaq Composite Index took another tumble late evening in New York, in reaction to ever-increasing 10 year Treasury notes, closing at 13,116.17 (3% down). The SPX closed 1.5% lower at 3915.46, with volatile trading seeing stocks like Amazon, Apple and Netflix falling more than 3%, and Tesla falling almost 7%.

Notable movers include:

ARKK (Down -5.86%, closing at $119.98) - Breaking $120 is significant. Highly indicative of a deeper market correction going on

AAPL (Down 3.39%, closing at $120.53) - This is the lowest AAPL has been since 12 March

TSLA (Down 6.93%, closing at $653.16) - The last time we see prices in the range of $650 was 10 March

PLTR (Down 4.90%, closing at $23.98) - PLTR has been trading above $25 in recent days and the fact it broke $24 and $25 is indicative of a deeper US correction

Micron Tech (Down 5.21%, closing at $89.82) - Again, this is significant since Micron Tech tested $95 recently, and was trading at $93 as markets opened today.

NIO (Down 6.97%, closing at $41.64) - This is significant as well, as NIO has been trading well above $44 in recent days

NVIDIA (Down 4.64%, closing at $511.20) - This brings us closer to the critical $500 mark for NVIDIA

These significant developments indicate that a deeper market correction is underway, even as we approach earnings season in April. It is hoped that the correction will be short-lived and that markets will rally as we approach early April in anticipation of good earnings.

The next few weeks and months will likely be turbulent. Members of my investment class have been advised, not to cut loss unnecessarily because the market can swing in the opposite direction the next day. Members have also been advised to take profits (or at least partial profits) every now and then because the correction is going to last some time. Take profits and wait. Buy the stock lower. Don't be a Kanchiong Spider.

Until then, if it hurts too much to see your portfolio, just turn off the brokerage screen and focus on other ventures and activities. Take good care of your health as staring at the screen is not going to do any good.

Set-up a plan to average down into your stocks as the stocks further correct next week. Take some profits off the table as and when there is a mini-rally. And do not chase after the prices as price-weakness is set to continue in the next few weeks (corrections typically last a few weeks to a few months).

From a charts perspective, the price-action in the next few days should be pretty bearish so hang on tight and HODL (Hold on Dear Life). Do not sell your securities unless it is to take partial profits. 

Until then, stay safe!