www.ccn.com
Bull market is dead. Long live the bear (gifs).
Buying things on sale. How's your dollar cost average doing?
I was selfishly worried that the slump wouldn't last through the end of April, when I get a half year bonus paid out. Seems like the recession will last at least as long as coronavirus... so through the fall?
Who knows? I'm starting to get the panicked "I need to make changes" calls from people [trumpers] I told to scale back 4-6 months ago. I'm shocked. Shocked I say!
So if I'm just watching investments burn, at what point DO I do something?
Well, you should start putting more money in now, if you haven't already. I'm putting in another slug of investment cash tomorrow. My last big "low buy" out of normal paycheck cycle was late-2018 and we're still higher than then. I bought a few grand out of normal cycle a week ago too. Otherwise, I just have a long plan for saving and investment strategy.
just restarted and plummeting.
most times you mention volumes of trades ........ why does this matter so much? I really don't know...
My guess is that it correlates with volatility. So does VIX, for that matter, and that's high similarly.
Hmmm... kinda sounds like SOCIALISM to me!!$1.5T of liquidity injected via the Fed promising to buy this much (temporarily) in Treasuries over the next 3 months:
It's for the banks' benefit. No need to worry about moral hazard there. It's not like people are getting money...
Wait. CORPORATE SOCIALISM?!?!?
And yet the market still lost 10% today, losses which are only rivaled by the flash crash in 1987, and sandwiched between trading days from The Great Depression.$1.5T of liquidity injected via the Fed promising to buy this much (temporarily) in Treasuries over the next 3 months:
lol. CTFD, old man. Although... you're probably not retiring until 75 now.
My retirement plan is dying early!!lol. CTFD, old man. Although... you're probably not retiring until 75 now.
Number of trades. If a stock is down 10% on 1% of normal volume, who cares. It's an outlier trade that defined the price. If it's down 10% on 10x normal volume, everyone is selling. They are fleeing the stock and it has momentum, like a snowball going down a hill.
Remember 2008 when the banks went under? A while bunch of laws we're put in place to keep the banks from getting some of those spots again. The R's got rid of a lot of those laws a few years ago...Wait. CORPORATE SOCIALISM?!?!?
Well, duh - you gotta let the free market function unfettered! Oh, wait.
You gettin' any calls from clients wanting the FDIC to cover their equities losses?
You're good. Start buying stuff in reasonable amounts expecting things to keep going down. You can't call the bottom, but you can keep buying on the way down. It's like going Costco shopping for stock.
Fuck yeah, 'murica.
