Why would stocks ever drop? Interest rates will be low foreverDoes anyone remember 1999- early 2000's when holdings slumped for a quite a while? That is the other side of all time highs. So learn to live and invest within your means in either scenario. And stay in balance.
Yeah, bit surprising, but a good time to buy!Well that's a sharper drop than I was expecting.
Stocks really ran up pretty fast, so any correction at this point could be painful. Even if they fell down to the 200 day moving average (very plausible), the bull market could still be intact.
The TSX could fall another 7% and S&P 500 could fall another 8%, while still remaining in an uptrend.
It could also be the start of a major reversal. The UK is struggling to keep their economy open, and is probably going to be forced to shut down again with rising COVID hospitalizations. The same could happen to the US within the next few months, so maybe stocks are reacting to this.Escalator up, elevator down. One shouldn't be too surprised, this is really typical. People/institutions/bots are sometimes just looking for excuses to sell. Everyone needs their day in the sun.
I agree. All the indices are up compared to a month ago and now we're panicking on a 2% downward move in 2 days?So now 2-3% moves are a trend? Seriously?
There is always the possibility that one trend is ending and another is starting. These things are impossible to know in real time. You only know it well after the fact.I agree. All the indices are up compared to a month ago and now we're panicking on a 2% downward move in 2 days?
What if it enters a bear market, and keeps going down for years? Always a possibility. One never knows.I'm actually hoping the market to go down because I should have some decent money to buy stocks in early fall.
Israel got their vaccine in January February. Canada and the USA few months after.The UK example is very interesting and could be Canada and the US in a few months. But there is a major difference and that is wide availability of vaccines. And somewhere between 97-99% of people in hospitals are unvaccinated. Canada has several million doses in surplus now, and that was before 7.7 million show up this week. It's a different show, in the developed world especially, with the US exporting vaccines and Europe hitting that point in a matter of weeks as well. This is rapidly becoming a pandemic of the unvaccinated, as Fauci described it.
Israel has a huge unvaccinated population of young people unique to developed countries, most of whom are ineligible for the vaccine, some of whom are catching COVID delta and then are spreading it to both unvaccinated and vaccinated people, who sometimes have other pre-existing conditions and may end up in the hospital (in all likelihood would be at high risk of death if they weren't vaccinated). In the US, Canada, and Europe, with larger numbers of unvaccinated adults who are spreading COVID amongs themselves, numbers of hospitalized people with COVID who are vaccinated are 3% or less - the evidence of vaccine effectiveness is overwhelming. But the unvaccinated spreaders are inevitably spreading it to vaccinated people, unfortunately. A pandemic of the unvaccinated still because the vaccines are so effective. Israel is seeing practically no deaths because of their high rates of Pfizer vaccinations, a trend in the UK as well that deaths are a fraction of what they were just months ago.Israel got their vaccine in January February. Canada and the USA few months after.
We do not know exactly to what degree the vaccine helps, but it is significantly less,” Bennett said.
At the moment, around 60% of the patients in serious conditions have been vaccinated. Moreover, according to Hebrew University researchers who advise the government, around 90% of newly infected people over the age of 50 are fully vaccinated.
The “percent of cases that turn critically ill is now 1.6%, compared to 4% at a similar stage in the third wave when there were no vaccines,” Prof. Eran Segal, a computational biologist at the Weizmann Institute of Science who advises the coronavirus cabinet, tweeted on Friday.
You can say that about any time the price changes by a fraction of a cent.It could also be the start of a major reversal.
Yeah, single day changes are in March/October.Historically corrections more often happened in fall, never during summer time. Wait for it.