Slow crash continues
87% of stocks were down Friday
72% of stocks are below the 50 MA
74% of stocks are below the 200 MA
1040 New Lows
39 New Highs
72% of stocks are below the 50 MA
74% of stocks are below the 200 MA
1040 New Lows
39 New Highs
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Bernard With Bacon : Vary bad
Revelation 6 : I cleared all my stock positions over the last two weeks except one. I’m hoping to close that one this week. I’m in no hurry to reinvest and I am going to stand on the sidelines for a bit.
CrazyEnuff : I'm holding my oil stocks and that's about it.
Doing day trades, I don't like holding over night with so much uncertainty ngl.
Mcsnacks H Tupack OP Revelation 6 : The yuan and yen are in a free fall already. Gold gold will be the only safe haven.
Mcsnacks H Tupack OP CrazyEnuff : The market is already failing. Housing market has passed the point of no return. Chinas stock have been given a no confidence. It looks like hyperinflation finally snapped. I even cleared out my bank accounts. Transferred some to Bitcoin just in case. The Fed should step and try to stop but it will only make it bottom into a complete loss.
Mcsnacks H Tupack OP Bernard With Bacon : It’s going to be the worst one ever. And all the ways we had to counter a crash have been used up. The oil reserves will be completely drained to try to combat it.
Bernard With Bacon Mcsnacks H Tupack OP : Did Shifu buy coinbase?
70739318 Shaheed : Thinks be careful