My beef is when iPhone autocorrects correct words to something completely different
I wish we could correct it after we sent out a text with the misspelled word!
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- Thread starter SoapyCy
- Start date
I wish we could correct it after we sent out a text with the misspelled word!
I agree, but I think the drop to 18k or so was premature. The market is settling in now where we'll be down, but not as panicked. It might go down again, but I don't see it staying there. There should be good buying opportunities again.
I'm looking at my retirement savings, which was probably around 70% stocks (Mostly S&P 500). After yesterday, I'm about 10% down, which really isn't that bad, especially considering I was up 25% last year. I'm wondering if now is the time to back down a little bit...
I will say, that I am hoping for this climb to continue to get out of a position so I can find the bargains again. Another drop is probably coming, but I just don't see it long term under 20k. The market was severely overvalued, but the quick drop was just fear.
I've been trying to get too smart. Probably peed about 500-1000 today with my dumb moves. Long term I should be fine, but I definitely chased a couple that I should not have.
I officially do not understand this market at all, we are just entering a big recession, and stock are going up?
Recession numbers based off high of near 30K should be 23-25K range I would think.
We did just have a massive stimulus packaged approved by the senate. I think once it passes the house things will start to dump again. Cov should only get worse and the economy numbers will be god awful.
Shorting something that’s down 75% with a stimulus package in the works is pretty darn risky in itself.
How much of the bad numbers are already factored in? Is there anybody out there that doesn't thin we are looking at a huge nosedive for this and next quarter. The Stimulus is factored in unless that house changes something. Right now it comes down to how long people think this will go on.
I think one other thing you are seeing right now is a ton of day trading. The volumes for may stocks are very heavy. Mini rollercoasters. When the higher amount of the day traders exit, the market may make a little more sense also.
Yeah, I saw someone say the market has been
great for traders and difficult for investors. Makes sense.
Sooo I threw some money in a few days and am up 12% in that time. Do I take the gains tomorrow and sell out and wait for another correction?
I took the profit in my best preforming stock so I would have something not matter what happens.