It's called bleeding off holdings to the retail investors gamblers.
The big fish are eating the little fish. Watch what the big fish are doing right now. They're selling like nobody's business.
The big fish are also doing stock buybacks to artificially push up individual stock prices.
Let's take a quick survey of how the global economy is doing:
China? Dumpster Russia? Dumpster Germany? Dumpster Japan? Dumpster US? Heading into the dumpster.
Don't be caught flat-footed.
If you have some viable investment ideas, please, let us hear them.
What do you suggest?
Yup we are all just Jill and Joe Sixpacks. I don’t trust Wall Street. Right now I am in energy, gold, and a handful of Canadian stocks - being Canadian.
It's all a gamble, as you suggest. Back in 2007/2008 I lost a third of my investment value. But it climbed back. So a few years ago, I pulled back from the markets into cash holdings, fearing a repeat of 2007/2008. Didn't happen, and I could have made more in the last few years. Cash is worth less than what it was, and the market is a way to keep pace with inflation - if you don't lose while gambling. So I'm continuing my conservative stance in the market, will continue fearing of a crash. Don't put all your eggs in one basket!