Just to look at my CNBC app and everything is well off there highs the only Bright spot is Gold which is surprising the only thing that is up, BTC Dow over 4,000 down to 54k which is way down from the 62K just a week in a half ago my next buy in will be 47K.
Stupidity has been around since the dawn of man. We will likely never move forward. (Nothing to do with your posts, just a fact.)
Several posts have been removed for COVID-related or political content. Please bear in mind that both are banned topics here.
Stock market always overreacts to bad news. Some day traders take advantage of these temporary dips by buying
Yes, definitely a downer for stocks and crypto! Funny thing is we can't talk about the reason why but I'm sure everyone knows about the African elephant in the room!
took out some more foam, have couple OZ, S of gold coming in this this week since it changes so fast you have to adjust on the fly BTC up slightly just now looking for some lows, more bad news should make for an excellent buy in opportunity
I don't often make the right call but I moved out of Bitcoin at $66000. Nice to see a 20% drop since then.
Glad to see you didn't make a very wrong call. I'm pretty sure that, before all is sad and done, many will.
It's not politics, it's the Fed finally acknowledging that inflation is NOT "transitory" and hinting tapering and rate hikes might be accelerated. Ironically, the new Covid-19 variant might help the markets by slowing a tighter Fed. I'm at 40% cash with plenty of things on Santa's Buy List.
Not really. As far as anyone can tell you can say the word or mention it, you just cant get into anything about it or how it should be handled. It's honestly impossible to have any market discussion without at least mentioning it, but if it becomes like voldemort where you cant even say the name market discussions should just be banned too