Time to enter the stock market now ?
seeing some strength off late Treasury yields slowly going up lot of stimulus corona positive news on the horizon lot of good stocks are holding strength at some levels - AAPL,AMZN etc NASDAQ is not going down as much as DOW anymore looks like Tech sector will go up soon Is it finally right time to enter ? waiting for S&P @ 2100 but not sure if we can hit that now
Don’t you want to Wait for the peak earnings season ( mid/end April)to see what the actual damage is? 2000-2100 sandp500 maybe a good starting point. Buy some now, buy some at 2100, buy the rest if it drops to 1800. This way you ll catch the near bottom -bottom. Hoping it doesn’t go lower than that
“seeimg some strength off late” lol
He means inner strength
Yields are up due to deleveraging, margin calls, and cash hoarding, it’s very bad that treasuries are decoupled from equities and falling in tandem. May will be telling as most earnings are in, prepare for a blood bath and lots of fake bounces. Q3 will be horrible and dash any hopes of V shapes recovery, prepare for Japanification and 10 year or longer equity slump. In the long run (30 years) we will be fine but need to reset, as 2008 crisis never really ended.
None of this has to do anything with coronavirus. Things are not getting better with coronavirus in USA. You can pump as much money into market as you like, if you cannot control the virus or detect it in a timely manner, you will see the economy getting hammered.