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What this war means to the Stock Market

Luckyone

Luckyone

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Over the past 6 weeks there have been a lot of signs of the market having found a top to the 13-year Bull run. Nonetheless, confirmation of that occurring had not yet happened. There is an "established" way to determine tops and bottom to trends and that is when a 20% drop in price (or rise in the case of a bear market) occurs.

The NASDAQ 100 (the best stocks in the NASDAQ) will have dropped over 20% from the all-time high made in November in the opening this morning. The official version is a drop of 20% based on daily and weekly closing basis. That number is 13146 in the index. A daily and weekly close below 13146 will generate an official signal that the trend has changed from a bull trend to a bear trend.

The index is due to open today around the 13100 level. You can now know what to look for yourself.
 
Not nearly as bad as Russia lol. They are down 50% this month.
 
The war equates to a great buying opportunity. The market has been unreasonably high in my opinion. If you don't get in reasonably soon you are making a mistake. Trying to live off the interest of a CD in a time where inflation is growing makes no economic sense. Just take a look at the market averages. It's a no brainer.
 
Jkca1 said:
The war equates to a great buying opportunity. The market has been unreasonably high in my opinion. If you don't get in reasonably soon you are making a mistake. Trying to live off the interest of a CD in a time where inflation is growing makes no economic sense. Just take a look at the market averages. It's a no brainer.
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The S&P is down 15%. Hardly some amazing buying opportunity. If you want to jump in after a 15% decline from record highs and record multiples in the face of raging and increasing inflation and what looks like some new found very hawkish central banks then you do that.

Not touching it for at least another 8-10%.
 
bave said:
The S&P is down 15%. Hardly some amazing buying opportunity. If you want to jump in after a 15% decline from record highs and record multiples in the face of raging and increasing inflation and what looks like some new found very hawkish central banks then you do that.

Not touching it for at least another 8-10%.
Click to expand...
Which is reasonable! But to avoid the market is a fools choice.
 
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