LOL yeah. The market got used to the Fed constantly reacting to
the market, vs just letting the market consolidate on its own
As I tell people, consolidation is healthy, it allows the market
and stocks to work off overbought conditions and build new bases or
patterns for the next move up.
analogy would be let's say you sprinted as fast as you could
around a track, you would get out of breath and need to rest in
order to catch your breath and be able to run strong again. The
markets are the same way, you need to let it go through corrections
to rebuild energy and patterns, vs artificially always try to
manipulate it, and make it have unnatural moves
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
LOL yeah. The market got
SPX - down .8% is pretty serious. Another day like ...
Posted by matt on 2nd of Apr 2024 at 03:37 pm
LOL yeah. The market got used to the Fed constantly reacting to the market, vs just letting the market consolidate on its own
As I tell people, consolidation is healthy, it allows the market and stocks to work off overbought conditions and build new bases or patterns for the next move up.
analogy would be let's say you sprinted as fast as you could around a track, you would get out of breath and need to rest in order to catch your breath and be able to run strong again. The markets are the same way, you need to let it go through corrections to rebuild energy and patterns, vs artificially always try to manipulate it, and make it have unnatural moves