I hate these stories since all they do is scare investors out of the market only to see then come back in at a higher price than they sold at. If you are a long term investor, continue investing. Bottom line, market timers always lose. I can't predict the future but I know the US and its stock market will be around for many more years to come. Invest on the overall market not individual stocks and you'll be ok.
I hate these stories since all they do is scare investors out of the market only to see then come back in at a higher price than they sold at. If you are a long term investor, continue investing. Bottom line, market timers always lose. I can't predict the future but I know the US and its stock market will be around for many more years to come. Invest on the overall market not individual stocks and you'll be ok.
What's the trap?
That it's not a sustained turnaround, merely short term technical bounce.
https://en.wikipedia.org/wiki/Dead_cat_bounce