AS CORONAVIRUS SPREADS, ALL PRUDENT INVESTORS SHOULD LOOK AT THESE FOUR CHARTS $AAPL $AMD $CRM $DIA $DJIA $FB $IWM $INTC $MU $MSFT $AMZN $TSLA $SPCE
As the coronavirus spreads, some investors seem to be in the mode of buying the dip in stock prices.
Buying the dip has worked over the past decade. The reason has been that money printing by the Federal Reserve and other central banks has kept interest rates low. Also, investors have been brainwashed. (More on that later.)
Investors are suffering from recency bias. Please see “This 25-year stock market chart shows investors are under a spell of bullishness.”
Why not just buy the dip? Is there even any point to analysis because the prevailing wisdom is that the stock market always goes up and pullbacks are brief?… Please click here or the title below to read more.
February 27, 2020
