NQM2021. How does this correction compare to Feb/March?
The Feb/March correction had me a lot more worried that we were headed for a recession. This one feels like more controlled profit taking.
I think the mindset before was a lot of uncertainty mixed with panic, and now it feels more like the market strength is here to stay.
I think investors are less worried in general about an upcoming recession, and confidence in the markets is growing. To me this should equate to some healthy market activity of sustained growth and periodic profit taking. I can't support this with any facts and figures besides what I see on the chart and how it makes me feel.
I think the market is in an excellent state currently, and I don't see what would give money people cause for panic.
I am not a big panic'er in general, however, so that could be something to factor into any bias generation.
I think the mindset before was a lot of uncertainty mixed with panic, and now it feels more like the market strength is here to stay.
I think investors are less worried in general about an upcoming recession, and confidence in the markets is growing. To me this should equate to some healthy market activity of sustained growth and periodic profit taking. I can't support this with any facts and figures besides what I see on the chart and how it makes me feel.
I think the market is in an excellent state currently, and I don't see what would give money people cause for panic.
I am not a big panic'er in general, however, so that could be something to factor into any bias generation.