That is good news. I am looking for an opportunity to go in.
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Serious Coming 2021 Stock Market Crash!
- Thread starter Pinkieslut
- Start date
In the face of a brutal market sell-off that has knocked U.S. stock averages of their highs, CNBC’s Jim Cramer on Thursday said the market must run through the grief cycle before investors may spot the bottom.
“If you want to be able to bottom fish at lower levels, make sure you’ve got a little cash to be able to do it with ... because the real rally can’t begin until we work through these five stages of grief,” the “Mad Money” host said. “Once that happens, though, you don’t want to miss it.”
The recent sell-off on Tech stocks has jittered investors. Nonetheless, it is a healthy correction. Analysts and value investors have been warning about the high valuation of tech stocks for a while. The market took the signal of steeping yield curve as the trigger to sell down stocks.
What should investors do ? Like Jim Cramer said, don't move in yet , hold on to your cash and let the market run through the grief cycle. When the grief ends with capitulation and depression , even disbelief, you can then seize the opportunity to buy at the lows.
“If you want to be able to bottom fish at lower levels, make sure you’ve got a little cash to be able to do it with ... because the real rally can’t begin until we work through these five stages of grief,” the “Mad Money” host said. “Once that happens, though, you don’t want to miss it.”
The recent sell-off on Tech stocks has jittered investors. Nonetheless, it is a healthy correction. Analysts and value investors have been warning about the high valuation of tech stocks for a while. The market took the signal of steeping yield curve as the trigger to sell down stocks.
What should investors do ? Like Jim Cramer said, don't move in yet , hold on to your cash and let the market run through the grief cycle. When the grief ends with capitulation and depression , even disbelief, you can then seize the opportunity to buy at the lows.
as long as governments keeps printing money, all financial fundamentals are out of the window
I think the fed print under they themselves also scared
its a situation where, damn if you invest and also damn if you don't
I think the fed print under they themselves also scared
its a situation where, damn if you invest and also damn if you don't
Most important thing is not to play with margins....
Perhaps, finally, good news is good news ...
Wall Street snapped its losing streak on Friday after a surprisingly good reading on the American job market refocused investor attention to the brightening outlook for economic growth.
The S&P 500 gained 2 percent, more than reversing Thursday’s 1.3 percent tumble and leading the benchmark to a slight weekly gain after two consecutive weeks in the red.
The rise came after new data showed that the pace of hiring picked up in the United States in February, when the economy created 379,000 new jobs, well above forecasts of roughly 200,000. Parts of the economy that were hard-hit by the Covid crisis — such as leisure and hospitality — bounced back during the month.
On the other hand, the report also contained indications that parts of the economy remain troubled. For instance, the broadest measure of unemployment remained unchanged at 11.1 percent.
“The U.S. labor market is beginning to heal,” economists from Bank of America wrote in a client note on Friday. “However, the preponderance of labor market indicators suggest there is still work to be done.”
The tone on Wall Street on Friday was distinctly different from recent weeks, when signs of growth, somewhat counter-intuitively, have been a source of consternation to the market.
Wall Street snapped its losing streak on Friday after a surprisingly good reading on the American job market refocused investor attention to the brightening outlook for economic growth.
The S&P 500 gained 2 percent, more than reversing Thursday’s 1.3 percent tumble and leading the benchmark to a slight weekly gain after two consecutive weeks in the red.
The rise came after new data showed that the pace of hiring picked up in the United States in February, when the economy created 379,000 new jobs, well above forecasts of roughly 200,000. Parts of the economy that were hard-hit by the Covid crisis — such as leisure and hospitality — bounced back during the month.
On the other hand, the report also contained indications that parts of the economy remain troubled. For instance, the broadest measure of unemployment remained unchanged at 11.1 percent.
“The U.S. labor market is beginning to heal,” economists from Bank of America wrote in a client note on Friday. “However, the preponderance of labor market indicators suggest there is still work to be done.”
The tone on Wall Street on Friday was distinctly different from recent weeks, when signs of growth, somewhat counter-intuitively, have been a source of consternation to the market.
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