Every Day Is Like Two Months for Stocks With Unrelenting Swings: https://www.bloomberg.com//news/articles/2020-03-24/every-day-is-like-two-months-for-stocks-with-unrelenting-swings … by @SarahPonczek $SPY $QQQpic.twitter.com/KYietSahCi
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What is cheap? Half the market is up 50-80% in 5 days!
It’s probably a dead cat bounce
We can expect a Quick rebound to make the Quick cash. Endless money hope could bring good amount of fools into the market.
Survivalism and prepping? Jesus.
Yes besides people are gonna throw those corona checks into the market (mainly using those Robo advisor apps) and the real economy will take at least 18 months to 2 years to recover. Even if America "goes back to work" europe probably won't.
That's not counting all the mass layoffs, buyouts and mergers that you can't avoid happening. It will be automation on steroids.
Not trying to make a fast buck. I think that this rally will fail soon and that stocks will be available at much cheaper prices soon.
What about polo shirts? Essential or not?
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