First everything looked really terrible and it seemed liek the market will crash even further. http://money.cnn.com/2018/02/06/inves... "The Dow declined 567 points at Tuesday's open, then raced back to a 350-point gain in extremely volatile trading." So it plunged even more but now its back up again. Not eveything is perfect though. Stock prices are not back to normal like they were before the crash. If a stock lost 50 dollars, today it only gained maybe 10 dollars back. Something that is really worrysome, besides how new outlets can't agree on anything, is the fact that there was a plunge as soon as the market opened. The reason why this mental trick can fool people is that maybe they only see green and think everything is fin and dandy. But its green after the *entire market* turned red for the market open. They may have missed an incredibly scary dip. I dont know how much I want to keep covering this, but I guess I might anyway. Is Trump the reason for the crash? Even that, we don't truly know. So the stock market had a mini crash pretty much all the stocks fell down to a all time low since 2011. This isn't as bad as 2008 housing bubble burst and subsequent stock market crash, but its pretty bad. Everyone from CNBC, New Yorker, New York Times, Forbes and other media outlets are literally citing different reason, sometimes opposing viewpoints on the matter. Some are touting trump, other saying it's "NORMAL" for this huge of a crash. REASONS being cited so far: -Trump taking credit for soaring sotck prices recently -Inflation -Federal Reserve raising rates -people investing in bonds -interest rates rising -highly evaluated stocks SHOULD YOU BUY STOCKS NOW? No, wait. There MIGHT be an ACTUAL CRASH. Im not trying to scare anyone. You have to be sure the market won't go down even further. You only buy at the bottom of the valley before the stocks rise for the next few years. The market has NOT hit rock bottom yet. Keep in mind that if you want to buy any stock, you should only use money that isnt needed for ANYTHING else besides stock. If your not comfortable using it for gambling, you probably should be buying stocks at all. You can keep your dead stocks for 10 years if there is an actual crash and you loses thousands. YOU have to decide whether to buy and when to buy. And you have to wait for the stocks to fall all the way down first. And you should pour in money, that's irresponsible. SHOULD YOU SELL NOW? You mean panic sell? I have no idea. You definitely need to do more research. You can always hold your stocks for the next 10 years and hope no one goes bankrupt (if they do your stocks cease to exist if the company leaves the stock market. no compensation).
WHY is Stock Market CRASH ending isn't always a good thing. Feb 6, 2018, Stocks recover but volatile - YouTube |
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