RedWith low interest rates there are a lot of investors who got in to the market way over their heads using borrowed money. Now with interrest rates going up and markets tanking (correcting) these same investors are now bailing and selling their holdings to pay back their loans. No matter if it's tech, banks or high risk there's a big selloff happening. Am I going to panic on the market tanking, no. Am I uncomfortable, yes a bit. But I have done enough dd in where my money is invested that I will just stay put. PYR and HPQ arre getting hit with the rest of the market, but without debt these companies will be fine. Even Canadian banks are getting hammered, but guess what they keep paying me a dividend so I will ride it out.
If you own everything out right without debt things will work out. So get out enjoy the sunshine leave the computer off, quit checking prices everyday. If you don't need the cash stay the course. If you want to come on here and be negative I likely won't see your post as you will be on my ignore list pretty fast. If you are insecure leave your money in a savings account and join the panic and sell.
It's going to be a hot summer so hang on and enjoy the ride.