wow.. why stock market is going up like crazy this week ? lot of businesses got impacted and everyone thought it takes time to recover but now this !is it finally a right time to enter the market ? i have some cash on the side
A lesson you should learn is that don't fight the fed.
I’m confused by this as well... thought it would drop further considering NY is getting its ass kicked right now. Guess the market doesn’t care...
Stocks fell when everything was operational and no businesses had closed. So the loss of business was already represented in the initial fall.
It is about expectations. If investors were expecting 50% to drop dead, but only 25% drop dead, stocks would go up, even though 25% is a shitty number, and it is worse than the 5% last week.
You guys don’t understand that the value of the stocks market is the future earning potential of all the companies. The virus is destroying most business in the short term (3-6 months), but it’s hard to argue that this virus will reduce the total life term earnings of all companies by 30%, especially now that the virus is trending downwards.
But it’s because of virus so the reason is known , the intrinsic value is still there . Ignore the results for 2 quarters , that’s the expectation so stocks are rising
Well before crash none of the stocks are trading at fair value . So it’s not 30% down from fair value
This is a bear market rally, padawans. This is how it goes when we go risk-on, risk-off. Until the VIX drops, and we all get complacent, shit is real. You can hold your nose and buy just at the tail of the massive selloffs, but it can always go lower. So you ride it like a big boy, and realize that Mr. Market is a fickle fucker, and you just need to buy shit you want to own for the long haul.
This comment is the perfect blend of comedy and poetry.
I ride the Bitcoin market. Stock market is like seeing Bitcoin market in slow motion..
Yay buy buy buy it’s not late even now
Lol it's way to late to buy. Today is the day to buy puts 🤑🤑🤑🤑
Equities will be a buy for a time for long investors. Options are a different game all together and not for people asking OPs question. 🤘🏻
When stock market is low, Blinders wait for it to bottom. When it is at the bottom, Blinders predict it’s a sign of recession. When the market starts going up, dead cat bounce/bull trap. When the market is at the peak, oh it’s overvalued let’s wait for it to drop low. And this repeats on and on and one day you realize the missed opportunities. And then you buy high or sell low Don’t time the market. If you have cash to invest just do it.
Don’t worry it will tank again. When earnings keep sucking folks will realize. When the eviction moratoriums are lifted and millions are homeless the reality will set in.
The answer is in the history books. If you follow patterns of previous bubbles, there is always a rebound followed by even bigger crash. Give it time. For some reason many people think that once quarantine is over, everyone will run out of their homes and start spending like crazy. One thing folks forget is that tons of people were out of job so they have no money to even cover basic bills. (And that’s true for many companies and small business as well). One more month of this and recession is guaranteed.
Let's just keep it simple. If you want to buy and sell, just do it with trader hats that comes as daily constant pressure trying to time the market. If you want simpler life with investor hats, just buy what you want with long term horizon and forget about it.
Nice!
Chamat said depression / deflation is coming.
Who is that?
Wtf does he know?
Too late buddy that dip is over. Most stock within 5% of its price last year. There may be another dip around earning time, but will be smaller, because based on numbers rather than fear. Lesson? Don't time the market
LOL. The crisis hasn't gotten any better. Numbers keep getting worse daily. Hundreds of small business are going insolvent every day. Yet markets are up. You think that makes sense? It's the "don't wanna miss the dip" crowd driving things up.
Unfortunately, you might be right Google.