Inferno696
:
Hey, I'm a big fan! gotta ask, when recession strikes, which it will, what is your opinion on how low will things go? Things seem to be going up for the past week or 2! (not complaining lol) I know you can't predict, was just curious about your thoughts!
Cow Moo-ney
OP
Inferno696
:
Haha thanks for adding the disclaimer for me Anw, I’m not sure how low can the market go. But previously I did a video on recession vs stock market. The gist is that, S&P 500 usually generates positive returns during post-recession, and the average return for 5 years after recession is more than 100%. History may not repeat itself, but it often rhymes.
But before the positive returns, stock market usually dips during a recession. However, here’s the catch, we may not know we are in recession until it’s too late, as the GDP data and unemployment rate are delayed. And market is forward looking. I mean, we could already be in one, and market could already priced that in. Honestly, nobody knows. I only know I’ve been picking up shares haha
Shuseido : Consider to take profit bro..
Rysmoo SG : congratulations
Cow Moo-ney OP Shuseido : Haha may do so for the 180 strike price. For the rest, let it run (for now ). Thanks for the reminder!
Cow Moo-ney OP Rysmoo SG : Thank you!
Inferno696 :
Inferno696 : Hey, I'm a big fan! gotta ask, when recession strikes, which it will, what is your opinion on how low will things go? Things seem to be going up for the past week or 2! (not complaining lol) I know you can't predict, was just curious about your thoughts!
Cow Moo-ney OP Inferno696 : Haha thanks for adding the disclaimer for me Anw, I’m not sure how low can the market go. But previously I did a video on recession vs stock market. The gist is that, S&P 500 usually generates positive returns during post-recession, and the average return for 5 years after recession is more than 100%. History may not repeat itself, but it often rhymes.
But before the positive returns, stock market usually dips during a recession. However, here’s the catch, we may not know we are in recession until it’s too late, as the GDP data and unemployment rate are delayed. And market is forward looking. I mean, we could already be in one, and market could already priced that in. Honestly, nobody knows. I only know I’ve been picking up shares haha
456632345 : Is this TSLA's sell put?
Cow Moo-ney OP 456632345 : Yes. I sold Put when Tesla was in a drought/plummet
Venture118 : Congrats
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