There is nothing wrong with being bearish, an insane frothy market. Actually, a 10 -percent correction would be a good thing for the market. Jesse Livermore, in early 1929, amassed huge short positions, using more than 100 stockbrokers to hide what he was doing. By the spring, he was down over $6 million on paper. However, upon the Wall Street Crash of 1929, he netted approximately $100 million. Following a series of newspaper articles declaring him the "Great Bear of Wall Street", he was blamed for the crash by the public and received death threats, leading him to hire an armed bodyguard.
A crash is always possible but it isn't going to be an overnight event, it will play out over a period of time. Its a process, not an event. The recovery might take longer than the crash. Most investors set time horizons on their investments which are too short to allow guaranteed recovery from a crash. Most will probably end up selling at heavy losses. They could and should have a plan now and they be ready to act on it.
US print 80% of all entire USD China have problem with their Housing market Covid not done yet i think this is pretty much why everyone waiting for crash, helpless to do anything better, yet the other odds is pretty small
There is a crash, its just not in equity market aka a crash in the equitiy market is always printed away. Stagflation is a thing, it is just not as easy tradeable as a bear market. What do you think happens to the world economy when most futures are up, Europe slicing production due to energy prises, China stopping it's biggest growth factor, starving populations around the world due to high nutrition prices...? A world in which the average joe can't afford to life savely without going into debt. It is a crash, it is just not visible for the traders eye. Soon Musk alikes will physically own countries and even ressources and there is nobody who could stop them since they make or heavily influence laws. People were concerned about communism, nobody ever talks about feudalism which we are in.
If you look at the internals, we have had a massive correction in the broader market. The # of S&P 500 stocks under their 50DMA has been in 200-300+ range for a while now. All while the indexes have been making new highs. Here's the #'s this morning: S&P 500 222 under 50DMA Naz 100 46 under Large Cap 1000 525 under There's always a risk of a one-off event.
Sounds like a buying opportunity on the down days in certain areas. This is how I have approached the last 3 months. Avoid any stocks that have enormous P/Es or continually lose money. Avoid speculative IT stocks.
Metal stocks looking promising today. Added more AR which is starting to get bought; bought EDR as a day trade. Hopefully not some fake out move on Gold today.
I don't know about that, the PE's are still ridiculously high and central banks are not going to be printing cash forever, but lets see what happens with Omicron. Personally I see a patchy sky with many dark clouds. I've recently sold all my stocks which had good gains and I hope for a deeper crash to buy them at a better price. If the crash doesn't come, I will stay out and will move the funds to my forex accounts where I'm getting MUCH better returns. I'm also getting out of property because property prices are doomed to stagnate or fall as interest rates will head higher and property investors are unlikely to see capital gains for many years (until buyer affordability returns).