Quote:
Originally Posted by DoubleK
This stock market is insane.
Good news: market goes higher.
Bad news (is it really bad news?): market goes higher.
This tug of war back and forth between stay at home stocks and recover stocks must be a dream for traders. For a buy and hold guy like me, it's not creating many buying opportunities.
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Yeah, it's been so bloody unpredictable really. If I were to take a complete guess why is because big money hasn't let it drop based on the past lessons learned from market corrections. True panic surprisingly hasn't hit the markets as bad as it probably should. This is truly a once in a lifetime event, and it's incredible how resilient it's been given how badly the economy shut down.