Market Crash coming ?
US stock has been growing for the past 100 over years, there are voices of market crash but it might be unlikely it will crash when i just started tradeinh ![]()
.In my humble opinion the chance is low as putting money in the stock market is safer than in the bank due to the 0 interest. Although,stocks closed out a mixed week as we see a slight correction of tech stocks last week.This seems logical as we see a growing strength in Crytocurrencies especially BTC where hot money flowing from Tech stock to BTC. This also aligns with the recent GME hype where most tech stocks falls as traders rushing into GME AMC trade. What happens is that after the GME saga we are seeing a rise in the tech stocks. Therefore, it is believed that in the long run tech stocks remains an attractive investment. Furthermore, as treasury secretary Yellen yells for more stimulus and with the incoming 1.9trillion package in March to speed up the economic recovery in US.The market for the incoming week remainspositive and green. Invest safely and healthy. Cheers .
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
70231499 : Then don’t buy anything if u scared.
Mcsnacks H Tupack : Will definitely have a correction of 10-12% soon. Crash won’t happen until stimulus gets into market around july.
DUCHO : I also believe this to be true.