Is the market really crashing?
The current market is all about sentiment, and not about fundamentals of companies.
What should you if a crash is really upon us?
What should you if a crash is really upon us?
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102242309 : good advice
Cow Moo-neyOP 102242309:
Van888 : Nice
toomanyscammers : really? is it only abt sentiments currently? what caused the selloff though? I thought they were happy that it wasn't a 0.75% hike. what's causing this fear now? of recession?
Cow Moo-neyOP toomanyscammers: Investors are shifting their money to safe haven assets in this high interest + QT environment. Throw in ongoing war, supply chain issues, china lockdown, potential recession… Some investors are even keeping cash at the moment.
I feel confidence will restore only when Fed turns dovish or halt their interest hike. Anyway, these are just my personal views haha
blueberry89 : Then the Shorts Need to Cover lol . Burn
Sianzsation toomanyscammers: Many companies reported earnings and guidance show economy is still strong. Majority of the companies are still profit making, however the ongoing impact of China is so evident, Nike Adidas Tesla any companies which depends on China are taking the hit. Apple too declare 80B lost
Cow Moo-neyOP Sianzsation: Yup the global supply chain issues are very real at the moment
toomanyscammers Sianzsation: Thx for your reply. Was apples loss due to China’s lockdown? Didn’t see the reports on the loss. Just this week? Their decline started rapidly this week
Cow Moo-neyOP toomanyscammers: Apple is going down with the broader market. At this point, no single company is spared. Every company moves with the broader market regardless of the news surrounding the company
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