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U.S. Stocks have officially entered a bear market
Thursday February 24, 2022, 76% of Nasdaq and 51% of S&P fell at least 20% for the year indicating the start of a bear market. Average corrections in all previous bear market have been -32.5%.
Should've seen this coming after the ridiculous runup in stocks the last two years. What goes up must come down eventually.
https://www.google.com/amp/s/markets...y-2022-2%3famp
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Re: U.S. Stocks have officially entered a bear market
trump 2024 looking more and more like a reality
Joe Byedone's legacy = infiltrating 2 foreign nations and leaving them in ruins
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Good college starter
Re: U.S. Stocks have officially entered a bear market
at least trumps not president
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Re: U.S. Stocks have officially entered a bear market
Originally Posted by dreamshake
Thursday February 24, 2022, 76% of Nasdaq and 51% of S&P fell at least 20% for the year indicating the start of a bear market. Average corrections in all previous bear market have been -32.5%.
Should've seen this coming after the ridiculous runup in stocks the last two years. What goes up must come down eventually.
https://www.google.com/amp/s/markets...y-2022-2%3famp
How can we know for certain? Stocks are up today.
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Re: U.S. Stocks have officially entered a bear market
Originally Posted by paksat
at least trumps not president
yeah I almost forgot all the bad stuff trump caused over his 4 years.. like.... the wall. and..... George floyd OD'ing
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The Renaissance man
Re: U.S. Stocks have officially entered a bear market
Originally Posted by Megalith
How can we know for certain? Stocks are up today.
Everyone knew the market was going to be smashed the day the Russians attack Ukraine. Now that we know for sure what is happening, the market is going to go through a recovery. The next point to watch for is the interest rate increase, which is coming in March. Nobody knows how much so market will start to dip right before the interest rate hike. Once we know how much the hike will be, the market will go up.
What investors fear with the stock market is uncertainty. Once uncertainty is out of the way, the market recovers.
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NBA Legend
Re: U.S. Stocks have officially entered a bear market
Originally Posted by bladefd
Everyone knew the market was going to be smashed the day the Russians attack Ukraine. Now that we know for sure what is happening, the market is going to go through a recovery. The next point to watch for is the interest rate increase, which is coming in March. Nobody knows how much so market will start to dip right before the interest rate hike. Once we know how much the hike will be, the market will go up.
What investors fear with the stock market is uncertainty. Once uncertainty is out of the way, the market recovers.
Hot take from CNN
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NBA rookie of the year
Re: U.S. Stocks have officially entered a bear market
Originally Posted by coin24
Hot take from CNN
You're a broke loser
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NBA Legend
Re: U.S. Stocks have officially entered a bear market
I’ve lost about $5k since December. With the recovery I expect to be up $20k
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NBA Legend
Re: U.S. Stocks have officially entered a bear market
Wonder how the crypto market will fair
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