Is this a correction or starting of a bear market?
Can you add the option, “I don’t give a fuck what you call it. Numbers are numbers and I’m not into arguing about definitions of words?”.
technical analysis is hogwash
Today wasn’t great, but it only erased the last month of gains. Could be a lot worse. Then again, AMZN is still up 18% since 1/1, so... 🤷🏻♂️
2 days maketh a trend apparently
It’s too early to tell
Poorly timed tax cuts reducing government revenue, which will force higher interest bonds and hasten the reform of higher interest rates across the board?
I don’t think even the experts can predict this, because it is a global equity market and various dynamics at play. But one thing for sure, the Low interest rate era provided borrowing power to corporations which allowed corporations to borrow and buy back stocks. So it of no surprise to see 10 year treasury going up, feds raising rates and a new Federal Reserve head taking office.. and market suddenly goes into correction mode. If I was to make sense of this, I say, corporate buy back and sell off is at play. But again, there are other factors too.
Fortunately companies will be able to prop up their stock prices with buybacks instead of any money going to the people who actually make the majority of the economy function. Genius!
Trickle down working via the stock market😆
Yeah, let’s don’t forget we are in a new world of AI and BI with algorithms which make decisions for investors and corporations.. so, if you can buy your stocks back to drive value up and you look at ROI on borrowed money. Let the machines do the work....
Neither. Just a trivial beep. Nothing to see here, move on.
Nope. You're incorrect. This is the end. KAPUT!!🚀🚀KABLAM🚀🚀 JKJK, the winter olympics will make everyone bullish again. And buy buy buy cryptos. All the cryptos. HODL!! JKJK. It's actually the end. Sell it all right now.