Interesting that CNBC, Bloomberg, MarketWatch are feeding us with fearful ideas to sell everything before the real bear market shows up, so you could sell your stocks to those who owns them.
Bros and madams, you should go to the nearest pharmacy and buy some prozak.
Most of the markets are already 30-70% down.
Almost every ETF is hitting lower BB.
Silver is down.
Gold is down.
Oil is down, hitting the support wit BB.
SOX almost hits BB
Apple almost hits MagicMovingAverage
CBOE options Put/Call ration is so high that I lost my consciousness when I see it.
Cryptocurrencies bottomed.
Most Retail Investors recently switched to to fully with cash. Some bloggers said that they are 56% bearish. I use the sentimental indicator in datamish.com - when long/short are 60/40% and vice versa, expect the bottom.
I could say more, but I am lazy. Go and do some research on sentimental analysis, don't be dumb listening to liars and losers.
Finally, wait for a little bit, use some intuition to enter washouts like double bottoms or basements, chill out and enjoy the life.
You completely contradicted yourself by saying cryptocurrencies bottomed... Have you read anything about BAKKT? Institutional interest is exploding in the crypto space. Where do you think they are going to get money from to invest? STOCKS. It's been 10 years since last recession. They happen every 7-10 years. It's called the ECONOMIC CYCLE. I think you need to do some research "thelonelyrebel".
@traderview2, SPX had the spectacular bull run that took over 20 years and shart 20-30% pullbacks were the norm. Yes, I agree with that cycles are very important. But the market isnt static. It becomes more complex with time and politics. I agree that the new recession will come but this definitely won't happen in 2019. BAKKT literally doesn't anything. Smart investors will never tell you what they are about to do. Why do they want to rise money from stocks? Why not from commodities, forex or bond? What makes you think that FED won't print some new trillions, gives it away to investment banks?
By the way you have a cool name.