It's just a game bro. It's been way overdue for a downward correction. I suspect it still has a long ways to go.
I know...I'm kidding. I'm actually sitting on some cash...so just biding my time to put that in. It's hard to know when we will hit the lowest of the low here. It will be a minor miracle if I live to the age to take that money out per retirement anyway. I have a hard time seeing myself getting into my 60s. I just can't picture it.
Basically, everything built up since Trump was elected is wiped out, i.e. the stock market run since Oct '16. I would hope they would take serious action before that happened, i.e. cut rates again because the economy would be in trouble. As it stands now, they are talking 2 or 3 more rate increases for this year.
I was happy this morning when Twitter finally moooooned. It's been about 2-3 years of waiting on that damn thing!
W the stock market tanking, officially in correction territory, why are the crypto currencies tanking as well? Aren’t they supposed to be a hedge against fiat currencies and traditional investments?
Bumpity bump bump. Some interesting names got a lot cheaper today and may be worth looking at for both near-term and long-term. SQ @ $69 FB @ $150 Anyone else scaling back in?
All of the FAANG stocks got kicked in the balls over the past three days. I'm not sure what tomorrow holds, but if you're wanting to get in, it might be good to keep an eye on them and, if they start going up again, get in before they're too expensive.
