There were self-delusional people here who said the same thing back in 2008 as the market came crashing down. They kept on repeating the same refrain all the way to the bottom. It looks obvious you've never seen bear markets.
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It's over. Historical bull run has come to an end.
- Thread starter orbit23
- Start date
Wow...looks like market psychology is about to shift after this last collapse. I think this is a completely different market now that this drop has occurred meaning market sentiment and people who have been really enjoying this almost 11 long year bull market are finally going to be viewing this market differently. I know we have had drops like this before, but this past weeks selloff will be viewed very differently from past fallouts due to the size speed, no retiree or people close to retirement want to be in this market environment of uncertainty. The fed will do everything once again, but I think it will be short lived and that eventually a bear market and recession will ensue do to extreme fear. Everyone thinks the fed can continue to save the markets, but what if this time for the first time the fed losses and people lose complete faith in the system?
MARKETS
US stocks erase $3.18 trillion in value this week amid coronavirus tailspin
PUBLISHED FRI, FEB 28 20204:55 PM ESTUPDATED 4 HOURS AGO
Maggie Fitzgerald@MKMFITZGERALD
KEY POINTS
MARKETS
US stocks erase $3.18 trillion in value this week amid coronavirus tailspin
PUBLISHED FRI, FEB 28 20204:55 PM ESTUPDATED 4 HOURS AGO
Maggie Fitzgerald@MKMFITZGERALD
KEY POINTS
- The S&P 500 lost $203 billion in value on Friday, according to estimates from S&P Dow Jones Indices.
- Friday’s losses bring the weekly total for U.S. stocks to $3.18 trillion, the firm’s Senior Index Analyst Howard Silverblatt told CNBC.
- Stocks cratered again on Friday as investors fled riskier assets amid intense fears about a slowdown in global growth caused by the deadly coronavirus.
you are rightIt looks obvious you've never seen bear markets.
I have only been trading since 1994
markets will continue up amid more volatility than beforeWow...looks like market psychology is about to shift after this last collapse. I think this is a completely different market now that this drop has occurred meaning market sentiment and people who have been really enjoying this almost 11 long year bull market are finally going to be viewing this market differently. I know we have had drops like this before, but this past weeks selloff will be viewed very differently from past fallouts due to the size speed, no retiree or people close to retirement want to be in this market environment of uncertainty. The fed will do everything once again, but I think it will be short lived and that eventually a bear market and recession will ensue do to extreme fear. Everyone thinks the fed can continue to save the markets, but what if this time for the first time the fed losses and people lose complete faith in the system?
MARKETS
US stocks erase $3.18 trillion in value this week amid coronavirus tailspin
PUBLISHED FRI, FEB 28 20204:55 PM ESTUPDATED 4 HOURS AGO
Maggie Fitzgerald@MKMFITZGERALD
KEY POINTS
- The S&P 500 lost $203 billion in value on Friday, according to estimates from S&P Dow Jones Indices.
- Friday’s losses bring the weekly total for U.S. stocks to $3.18 trillion, the firm’s Senior Index Analyst Howard Silverblatt told CNBC.
- Stocks cratered again on Friday as investors fled riskier assets amid intense fears about a slowdown in global growth caused by the deadly coronavirus.
Wow...looks like market psychology is about to shift after this last collapse. I think this is a completely different market now that this drop has occurred meaning market sentiment and people who have been really enjoying this almost 11 long year bull market are finally going to be viewing this market differently. I know we have had drops like this before, but this past weeks selloff will be viewed very differently from past fallouts due to the size speed, no retiree or people close to retirement want to be in this market environment of uncertainty. The fed will do everything once again, but I think it will be short lived and that eventually a bear market and recession will ensue do to extreme fear. Everyone thinks the fed can continue to save the markets, but what if this time for the first time the fed losses and people lose complete faith in the system?
MARKETS
US stocks erase $3.18 trillion in value this week amid coronavirus tailspin
PUBLISHED FRI, FEB 28 20204:55 PM ESTUPDATED 4 HOURS AGO
Maggie Fitzgerald@MKMFITZGERALD
KEY POINTS
- The S&P 500 lost $203 billion in value on Friday, according to estimates from S&P Dow Jones Indices.
- Friday’s losses bring the weekly total for U.S. stocks to $3.18 trillion, the firm’s Senior Index Analyst Howard Silverblatt told CNBC.
- Stocks cratered again on Friday as investors fled riskier assets amid intense fears about a slowdown in global growth caused by the deadly coronavirus.
S&P will hit around 4000-4700 and then fall to around 2000
4000-4700 is very likely to come in this year
upside target is difficult to state exactly because there is no chart to see.
EDIT usually upside targets are understated and usually over shoot
but downside is definite ……...
Last edited:
S&P will hit around 4000-4700 and then fall to around 2000
4000-4700 is very likely to come in this year
upside target is difficult to state exactly because there is no chart to see.
but downside is definite ……...
Even before all this collapse the s$p was not going above 4000...4000? Haa. Maybe a move back to low 3000s but never 4000 in 2020. Again will be revisited this post ...2000 before 4000. Now that is a strong possibility
Even before all this collapse the s$p was not going above 4000...4000? Haa. Maybe a move back to low 3000s but never 4000 in 2020. Again will be revisited this post ...2000 before 4000. Now that is a strong possibility
it is possible 2000 before 4000 or 5800......
but I do not see it in the chart. i am only reading the chart
I am not Nostradamus.....only the best chart reader the world has ever seen.
it is only when no one dares to sell that this bull market will end.
today there are many happy bears......growing fat
today there are many happy bears......growing fat
It seems pretty obvious we are in a bear market, judging by all the idiot comments in there. I was long into the breakout from 3000s, where people were screaming left and right that FED will implode and cause a recession, and now everyone thinks FED is there to pump their stocks.
Cheers to that. This is going to be an easy market, thanks to all the stupid money. Trading it, is always hard though.
Cheers to that. This is going to be an easy market, thanks to all the stupid money. Trading it, is always hard though.
T
tomtr27
https://www.indexmundi.com/
Think about it and there I get my information that every day a city with 80. 000 inhabitants is born. Every day ! Expotential upwards. Bulls are bears depending on the events. So the growth continues undiminished should God not slow us down.
Think about it and there I get my information that every day a city with 80. 000 inhabitants is born. Every day ! Expotential upwards. Bulls are bears depending on the events. So the growth continues undiminished should God not slow us down.