For weeks I have been saying that the S&P 500 could be setting up the first phase of a crash starting in the last week of February.
Today, the S&P sold from the open and closed at the low on the 50 day moving average. The market was very weak. Last year this happened selling did not stop until late March and markets are even more susceptible to the crash in 2021 due to all the fake money pumped in to juice it to the highs.
If the 50 day moving average can not hold for another bounce, we could be looking at 10-15% downside over the next month for the first phase of a bear market.
I’ve included links to my prior posts that go into detail about how and why I think this will happen.
One thing is for sure, having the market crash within 3 months of taking office will put the Biden regime and the DemoRats on the defensive and further discredit their stupid platforms that seek to antagonize Trump and his supporters while the economy crashes.
most funds give you the option to put them on hold... Sell your volatile assets and then hold money in your acct for future investing when you want to dip back in
This is crash phase 1 not the mother of all meltdowns yet. I don't know your situation so I can't tell you about how to save for retirement. All I can say is that at this moment don't get cute by trying to by the dips next month if this sells hard and you should probably allocate more to cash and money market.
For weeks I have been saying that the S&P 500 could be setting up the first phase of a crash starting in the last week of February.
Today, the S&P sold from the open and closed at the low on the 50 day moving average. The market was very weak. Last year this happened selling did not stop until late March and markets are even more susceptible to the crash in 2021 due to all the fake money pumped in to juice it to the highs.
If the 50 day moving average can not hold for another bounce, we could be looking at 10-15% downside over the next month for the first phase of a bear market.
I’ve included links to my prior posts that go into detail about how and why I think this will happen.
One thing is for sure, having the market crash within 3 months of taking office will put the Biden regime and the DemoRats on the defensive and further discredit their stupid platforms that seek to antagonize Trump and his supporters while the economy crashes.
Pay attention to the rising yield on the 10 year bond. It will be a major factor in crashing the market under Biden https://patriots.win/p/11SJtECEIz/pay-attention-to-the-rising-yiel/ 1.22.2021 PREDICTION: S&P Crashes 50% in 2021, Sooner rather than later https://patriots.win/p/11S0uRpLmh/prediction-sp-crashes-50-in-2021/ 1.18.2021 Biden Economic Collapse Watch: What I'm watching on the S&P 500 ( https://patriots.win/p/11SK7ICmlr/ 1.27.2021 Biden Economic Collapse Update - Crashing the S&P 500 with no survivors https://patriots.win/p/11SKGc8Muf/biden-economic-collapse-update--/ 1.29.2021 Biden Economic Collapse Watch - S&P gets bounce in front half of week but will it hold?
Biden Economic Collapse Watch - Biden's anti oil policies causing crude to rally despite weak global demand https://patriots.win/p/12hR2tX5Rm/x/c/4Dvobb8NAuH?d=50 2.4.2021 Biden Economic Collapse Watch - Signs of a topping market -NASDAQ hits all time highs without FANG stocks https://patriots.win/p/12hR2tWWsi/biden-economic-collapse-watch--s/ 2.4.2021
Biden Economic Collapse Watch - The S&P is looking a lot like it did last year right before the crash https://patriots.win/p/12hR7UVnbt/ 2.5.2021
Biden Economic Collapse Watch - S&P behaving nearly identically to 2020 prior to collapse https://patriots.win/p/12hRZcWvGl/
Biden Economic Collapse Watch - 10 year yield rallying approaching pre Covid levels will cap this equities market https://patriots.win/p/12hRZfw6lO/biden-economic-collapse-watch--1/ 2.19.2021
As Predicted - S&P 500 selling in last week of FEB - Biden could be fucked by a crash https://patriots.win/p/12hRizqrUe/ 2.23.2021
So, how does someone save their retirement when it's attached to the job? You can't get the money out unless you quit or retire.
most funds give you the option to put them on hold... Sell your volatile assets and then hold money in your acct for future investing when you want to dip back in
This is crash phase 1 not the mother of all meltdowns yet. I don't know your situation so I can't tell you about how to save for retirement. All I can say is that at this moment don't get cute by trying to by the dips next month if this sells hard and you should probably allocate more to cash and money market.
I traded the funds in my employer's plan and my personal IRA to the Money Market Fund.
It's simple.... Buy GME.