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I guess not ! Or are they waiting for more down drafting before the dipping starts? As for myself I may start a dipping ladder today. Time to play in the Market Casino!
My MW subscription has lapsed since then so I can no longer read the article/study.
From memory, the broad conclusion was that in the most recent period of (I think) 2022-Current, dip buying was no longer the successful strategy that it was for the immediately prior.
Phoenix Suns owner Mat Ishbia arguably holds the world record for the fastest time in which a new owner destroyed a thriving, major sports franchise. It is something under 24 hours, whenever it was that the trade for Durant was finalized.
The buffoon has a LOT of firsts to his name from his stint as 45, but as 47, he is clearly in the running to blow away the record for a new president destroying the US economy. Time will tell on that one.
But it appears he has already broken the record for time it took to destroy a thriving domestic stock market. Gotta check the record book but 11 weeks has gotta be #1.
Comments
MarketWatch did a good, detailed study in March of dip buy over time.
https://www.marketwatch.com/story/thinking-of-buying-the-stock-market-dip-heres-what-you-should-know-6e3e74c1
My MW subscription has lapsed since then so I can no longer read the article/study.
From memory, the broad conclusion was that in the most recent period of (I think) 2022-Current, dip buying was no longer the successful strategy that it was for the immediately prior.
IF/when they occur, which ain't that often.
Since he took office 11 L---O---N---G weeks ago, the S&P has only been UP two weeks,
UP 1.5% his 1st week, and
UP 0.5% the W/E 03/21.
So not many opportunities to Sell the Rip.
As of now, these are the levels the 4 major indexes are OFF their respective peaks
DOW -13.1% (Correction)
NASDAQ -21.6% (Bear)
S&P -15.7% (Correction)
RUT -26.5% (Bear)
The buffoon has a LOT of firsts to his name from his stint as 45, but as 47, he is clearly in the running to blow away the record for a new president destroying the US economy. Time will tell on that one.
But it appears he has already broken the record for time it took to destroy a thriving domestic stock market. Gotta check the record book but 11 weeks has gotta be #1.
Does it fortell any trends that China is fighting back but Vietnam is capitulating?
Understanding the US Tariff List: Implications for Vietnam
Trump Raises Tariffs on China to 54% – Overview and Trade Implications