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

Hi AllThe world narrative has changed. It is bearish (I call it...

  1. 322 Posts.
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    Hi All

    The world narrative has changed. It is bearish (I call it facts). All of the problems never went away. The protest movement has really lit a fire under covid19 cases.

    I held on for weeks and I will keep holding. This is my opinion only but the USA stock market is in a lot of trouble.

    I did read that retail investors and short coverings made up the stock market rises on small volumes. Say good bye to the short coverings for the short term at least. Therefore the market is theoretically made up of retail newbies buying.

    I am discussing shares with a younger colleague at work, he did well on shares (nasdaq ETF). Even he is going to take profits as he thinks the market is too high.
 
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