$SPDR S&P 500 ETF (SPY.US)$ I honestly believe, that profess...
$SPDR S&P 500 ETF(SPY.US$ I honestly believe, that professional investors (maybe even companies) are playing the novice and FOMO investors.
Investing used to be boring. You got every month your subscription of Value Line, did a bit of reading and decided, nothing to see here and went back to bed.
Since Covid hell broke loose. Novice Investors had nothing to do all day long and invested their stimulus checks in stocks. Since they had no idea, they invested in names they did recognized because the CEO had a loud mouth and in stocks which went up.... it goes up so it must be a good stock... right? And when a majority of investors think that way, the stock INDEED goes up.
This phenomena was not lost on professional investors and they smelled blood.
Usually you had to wait for years to make some money, but now hordes of novice investors walked into the lion's den for slaughter.
Professional investors kept their mouth shut and allow the train to gather even more speed... after all FOMO will get a lot more intense towards the end.
If you on the train, do not expect when you disembark, that you can claim all your luggage at the next station. Over night, when you were sleeping bad things did happen. The $Dow Jones Industrial Average(.DJI.US$ is about to open 1000 points down... you did not even check your stocks in the morning and around lunch the DOW is down 2000 points and counting. Panic stricken you get your phone and place a market order, which obviously will be executed instantly and you got a whole dollar for all of your life savings.
Towards closing the DOW recovers and you regret that you sold your stock a bit too quickly. To get back on this train you buy, hoping to make up for your mistake earlier in the day.
But next day it is all the same again...
Anyway this how it happen in April 2000.
There are several ways to avoid losing your shirt.
1. Remain poor
2. sell everything now and miss another 6 month of bull market
3. Stay invested and panic as I described above
4. Do nothing stay invested and wait the next 10 years for your investments to recover to a value it had before the crash.
5. become a psychic, sell one day before the crash and sell short (on margin) all the high fliers you did own before.
1. Remain poor
2. sell everything now and miss another 6 month of bull market
3. Stay invested and panic as I described above
4. Do nothing stay invested and wait the next 10 years for your investments to recover to a value it had before the crash.
5. become a psychic, sell one day before the crash and sell short (on margin) all the high fliers you did own before.
Take your pick.
Everybody can invest in a bull market... it is easy... but just wait...
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Selected one wallstreet wolf : bought MY 57k out door March 21, just sold 66k with 13k miles on it
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Squid Guy : Stock market and Wall Street are Clowns
JoanFishers : Hahaha
henryLiuu : I am buying a lot of shares
CuryNeil : Buying the hope trade
Unicore Will CuryNeil : I hope i get a $98K Rivian for Christmas. Light blue.
Only exception : Fuck it! Weed and EV’s!!!! Just do it already America
emirsway : sono (SEV) is the winner here. Responsible leaders and knock your socks off tech
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