SP500 0.58% 2,958.8 standard & poor's 500

BBUS, page-5588

  1. 4,995 Posts.
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    Actually, a few things has changed in the last 2 days IMO.
    Powell basically announced the uncertainty of the future economy, not knowing how the Feds should handle this, while all the traders and new retailers got a sobering awake up call to let them know that this is not all rainbows and butterflies, and the market can drop just as much as they rise in just one day.

    Which I think this is the key point, taking the exuberance out of this bull run and let everyone realise that the market isn't as easy as they one thought, making them double think about dumping their money on any random stocks (Hertz and fangdd anyone?)

    Being bears, we want to fill the bears with doubts next time they click buy, since this isn't about fundamentals anymore, it's just about greed and psychology.
 
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