In the long run, I have no real fears about anything in the stock market. I only care about it not being a negative story for the media to run with. That's all.
Large intermittent day-to-day swings in the stock market are almost entirely the result of algorithms, and then traders piggybacking onto the trajectory set by the algorithms.
There's not a lot of liquidity out there. All the market makers are staying out of it. So you have to ignore the "market down 1000 points" headlines. It's not unusual to drop 10% and bounce back 6 months later. It happened 3 or 4 times under Obama.
The economy is still fundamentally strong, and wer will probably bounce back hard. It's a buying opportunity.
Large intermittent day-to-day swings in the stock market are almost entirely the result of algorithms, and then traders piggybacking onto the trajectory set by the algorithms.
Just wait until the corona virus fear fad blows over. It will jump back up if it doesn't come back already by then.
Look at the job numbers and tell me the economy is doing badly.
The companies that suffer the most are the one that sold out the country and moved their factories overseas.
When the dust settles, America's growth will be amplified while China has stumbled and will have to spend time to stand back up.
I bought into the panic with my Roth IRA.
There's not a lot of liquidity out there. All the market makers are staying out of it. So you have to ignore the "market down 1000 points" headlines. It's not unusual to drop 10% and bounce back 6 months later. It happened 3 or 4 times under Obama.
The economy is still fundamentally strong, and wer will probably bounce back hard. It's a buying opportunity.