It is a great time to buy stocks!
When there is blood in the streets, meaning people are the most worried - is the time to be a contrarian and buy like a son of a bitch!
That being said, before this stoks we're not really oversold.
If you look at the s&p 500 price earnings ratio, specifically a graph or a chart. It was still bouncing around in the high end of normal territory. There's a huge, monstrous spike that coincided with the great recession. Now that was fucking oversold!
Before this Coronavirus sell started, I'm still in healthy territory.
It is a great time to buy stocks! When there is blood in the streets, meaning people are the most worried - is the time to be a contrarian and buy like a son of a bitch!
That being said, before this stoks we're not really oversold. If you look at the s&p 500 price earnings ratio, specifically a graph or a chart. It was still bouncing around in the high end of normal territory. There's a huge, monstrous spike that coincided with the great recession. Now that was fucking oversold!
Before this Coronavirus sell started, I'm still in healthy territory.