Market Sentiments Part 3….Here is another one of my PSA for my Tilray kids.
It is starting. The continuation of the market melt down is just around the corner. the FED will step in again. I made the same call in December 2021 and then the feds stepped in and the markets crashed hard. This was a fake bull run this year and it will fizzle out and crash hard as recession finally kicks in and hits the markets. Get ready and don't be a sucker again, have those stop losses in all your investments. Here is a BIG RED SIGNAL. The financial sector is already cashing out and crashing hard in the US. SVB is the second biggest financial institution to fail since 2008, 200 billion wiped out and it will spread. Smart money are cashing out of all the banking stocks. If the banks are already cratering, the other stocks won't have a chance. The retails are going to get fleeced again and this time even worse than 2022 crash. It is going to get ugly going into the summer like I have always said. Once again, be careful and don't get fleeced again. Have those stop losses, be patient and you will get a chance to buy everything cheaper down the road. Anyways, good luck all. Don't be a sucker in the coming crash that is approaching fast.
Here was my call in dec 2021 before the crash. I am calling the continuation of that crash that is coming.
BudFoxx2020 - (12/2/2021 9:20:03 AM) Market Sentiments...
Not about WELL, just my point of view in general about the markets. We are in the beginning stage of a BEAR market. Yesterday DOW reversed a 400 points gain to close down 450 points, a swing of 850+ to the downside. Every single ticker I was following was red with huge volume. The smart money was dumping everything at the bid, they know, which tells me an interest rate hike is imminent along with tapering. Anyways, my point is be careful and protect your gains if anyone still have them in any investment. We were in a 12 year bull market, it will only take weeks or months to wipe everything out. Like I keep saying, the markets are not the same as the 90s, we are in the internet age where the markets just moves too fast. Don't be that fool that rides the BEAR market all the way down, then have to wait 10 years just to break EVEN. This is 99% of the people that invest in the stock markets. Hyper inflation, Omicron, China's housing collapse, new lockdown, Feds tapering, interest rate, etc. The MARKETS are always right. All the signals are there telling you and warning you. Yet people can not see it until its too late. There is no bottom in a bear market, everything gets slaughtered. Anyways, I hate to sound so negative but I always call it as I see it. I have been through 2 bear markets (2000, 2008) and have paid dearly for them and learned a very valuable lesson. Anyways, good luck all and be very dilligent. Do not buy or average down in a bear market. This is not tax loss selling, this is smart money liquidating the whole markets under the guise of tax loss selling. Cheers all.