My bias has been bullish for a month or 2. Even a sudden crash will mean nothing... I expect a speedy recovery if it were to happen. I can't say the same for stocks though. The banking crisis hit earlier than I expected. It induced a shift.
That is true. But the quicker and harder the banking crisis hits, the quicker the time to reversal by the central banks, especially the Fed. I would believe that is going to be bullish for sentiment.
It will recover in the closing bell.
Maybe. Not sure what gives you the optimism.
well maybe another day for a nuke, i want the USA gov to say they are in recession in order to get the big dump, and then go all in in crypto.
I think you are right. Crypto is going to follow the markets, especially tech.
It is risk on/risk off. We will see when sentiment changes.
Not horible they might bounce back on open.
They could. That is what makes markets markets. They go both up and down.
no money to be made if it didn't
Many seem to believe markets should only go up.
Seems to be ranging... still at the same level. S&P needs to lose 4000, if real concern is going to come into play.
I dont think we get a long bear market. The economy is sluggish which doesnt scare the market.
My bias has been bullish for a month or 2. Even a sudden crash will mean nothing... I expect a speedy recovery if it were to happen. I can't say the same for stocks though. The banking crisis hit earlier than I expected. It induced a shift.
That is true. But the quicker and harder the banking crisis hits, the quicker the time to reversal by the central banks, especially the Fed. I would believe that is going to be bullish for sentiment.