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..how many folks in the market today have never experienced a down draft schmeissing ala 08/09' and 2001 and in 1987?
Something tells me they are about to get the "Full Monty" experience bigly....
Good Luck to All and remember, he who panics first, panics best and is there really any shame getting off the sinking ship with the women and children?
Pulling up a chart of SPY and looking at volume, you don't see the types of selling that we saw in March of 2020. I'm watching for signs of people throwing in the towel.
Add good yr tire bond 2033 Ytm 8% 382550bk6 Vanguard Msg: A buy order for $x000.00 of GOODYEAR TIRE & RUBR CO SR NOT in account ending in ...executed at $81.83. Reply STOP to cancel txt msgs
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SP500 https://www.cmegroup.com/markets/equities/sp/e-mini-sandp500.quotes.html
Nasdaq 100 https://www.cmegroup.com/markets/equities/nasdaq/e-mini-nasdaq-100.quotes.html
They expect couple good days positive return next 24 48 hrs...Vix was off the chart couple days ago and we are very oversold imho
Just if folks more scare ...more pressure selling
Could be more downturns for couple more wks - month
..how many folks in the market today have never experienced a down draft schmeissing ala 08/09' and 2001 and in 1987?
Something tells me they are about to get the "Full Monty" experience bigly....
Good Luck to All and remember, he who panics first, panics best and is there really any shame getting off the sinking ship with the women and children?
Baseball Fan
I've had more than a few folks raise their eyebrows when I tell them I'm eagerly looking to do icnremental controlled buys into massive downdrafts.
I wonder how much of this swoon is amplified by ETFs and/or panic selling by the newbie pandemic investors...
Ytm 8%
382550bk6
Vanguard Msg: A buy order for $x000.00 of GOODYEAR TIRE & RUBR CO SR NOT in account ending in ...executed at $81.83. Reply STOP to cancel txt msgs
At some point, likely very disorderly...
The sell off on Target and other retailers are shaking up the entire market. Target and Lowe were down double digit this week.