Oil still selling off..... Soon will be paying about 43 cents less at the pump which is great since everybody needs a bit of a sale after losing tens of thousands of dollars in their investment accounts.
Reminds me of the people who plaster their social media with their significant other and then delete the pics when they break up... Nonsense. Don't delete your history. You said it, you posted it, own up to it!!!! Mark Cuban deleted an X post urging investors not to sell after markets plunged last week. The "Shark Tank" star later said "no one knows" what's coming and people should do what's right for them. Cuban previously warned that Trump's tariffs and DOGE cuts could cause a worse crisis than in 2008. The billionaire investor and "Shark Tank" star Mark Cuban told investors not to cash out their stocks following last week's market turmoil, but he then deleted the post and walked back his advice.
Mark Cuban is saying this will be worse than the financial crisis. Damn i have been saying this as well.... It will be worse. There will be millions upon millions unemployed. Negative gdp, earnings collapse, Capex spending grinding to a halt. Inflation soaring. All because of 1 person creating this crisis. We are headed to a depression. I'm sure 99% do not believe this but markets are going into turmoil and the fed this time won't be able to do anything!!!!
Today is a green day. They will chop it around and fake fade it and then eventually rip it higher. Shorts need to be punished for their greed.
I think its getting close to where the market is a buy. More bad news today but markets aren't collapsing. VIX isn't rising anymore.