Unlike in 2008, we had a clear recession. The market just kept going down and it eventually turned around. Remember I say stock market - NOT economy.
Trump's market is all about rallying than sudden drops that break records with high volatility.
Remember Feb 2nd 2018? For no reason, the market just dropped like 10% in a day and it took it the rest of the year to recover. Than later that year from Oct-Dec, we had one of the worst declines in history, the worst end of year in history where the market lost most of what it gained the entire year maybe going back to 2017. Now we have the covid lows with the market dropping 35% in only a few weeks and bouncing back in 6 months.
I mean seriously, what the hell. Do traders have short memories or something because the volatility from 2018 still scares me to this day and I refuse to buy too big into any position. This did not happen during Obama's term. Can you blame Trump's trade war or is the the market in general?
Maybe in 2021 the S&P will rally to 4,000, than drop back to covid lows of 2,200 in 2 week. Anyone see that happening?
Trump's market is all about rallying than sudden drops that break records with high volatility.
Remember Feb 2nd 2018? For no reason, the market just dropped like 10% in a day and it took it the rest of the year to recover. Than later that year from Oct-Dec, we had one of the worst declines in history, the worst end of year in history where the market lost most of what it gained the entire year maybe going back to 2017. Now we have the covid lows with the market dropping 35% in only a few weeks and bouncing back in 6 months.
I mean seriously, what the hell. Do traders have short memories or something because the volatility from 2018 still scares me to this day and I refuse to buy too big into any position. This did not happen during Obama's term. Can you blame Trump's trade war or is the the market in general?
Maybe in 2021 the S&P will rally to 4,000, than drop back to covid lows of 2,200 in 2 week. Anyone see that happening?