Most of it is fear.I don’t know enough about the stock market to draw any conclusions. Can anyone enlighten me about the implications of this?
The only thing I'm hearing is....the scare of scamdemic part deux is influencing the market.Last I looked, the Dow had dropped 867 points.
Biden came on news and said everything is fine.
I don’t know enough about the stock market to draw any conclusions. Can anyone enlighten me about the implications of this?
ya thats who you want to trust ----the guy that makes his living getting people to buy and sell stocksHad to call someone I know who makes their living (and a very good one) in the stock market. He thinks it’s only due to fears of another Covid lockdown. He said he doesn’t feel there’s any danger of a crash at all right now and that, overall, we are headed in the right direction. He is more concerned with the rabid government spending right now.
I understand your skepticism. The person I am referring to is a day trader and doesn’t make his money investing other people’s money. Every dime he invests is his own. I trust this man IMPLICITLY. He is the most honest and down to earth man I know. I trust him to give me his honest analysis as he see’s it.ya thats who you want to trust ----the guy that makes his living getting people to buy and sell stocks
stock value for any company should be base don value of company assets and a consideration for future sales potential
It’s not a shock. Can’t go up for ever. If it truly is a Covid response it will bounce back quickly unless you think the US Govt wants to pay everyone to take another year off in which case it’s going to go dowe more.
Oh I’m not disagreeing with that at all. Just agreeing that once we sink into chaos and super high inflation, people will be more concerned with eating than the politics of why they are hungry.Not to split hairs but...the "why" is very important I think.
It opens eyes as to who not to support.