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I've been in markets since 1987 (yup THAT one).
In NO previous stock flushes was the FED so rapidly reactive to declines as March.
We can debate the end game of their decisions (I'm ~10% gold FYI). One thing is clear - this downturn will be unique to previous drops. (cont...) https://twitter.com/gamesblazer06/status/1245701482717970432
In NO previous stock flushes was the FED so rapidly reactive to declines as March.
We can debate the end game of their decisions (I'm ~10% gold FYI). One thing is clear - this downturn will be unique to previous drops. (cont...) https://twitter.com/gamesblazer06/status/1245701482717970432
Add the Fed's market liquidity moves to the massive, rapid fiscal reax out of DC to the outcome algorithm. Add the velocity of the biotech industry's attack on this problem.
The old drop, retest rebuild blah blah of the past is facing a new bear market paradigm. (cont...)
The old drop, retest rebuild blah blah of the past is facing a new bear market paradigm. (cont...)
Throw it out. Step back from 1 minute charts to 3 year ones (if charts are your thing). Delete the mobile trading app. Turn the TV off. Think for yourself instead of letting other people do it for you. They've never been through this unique set of circumstances either. Blessings.
