After months of solid declines, have we hit the bottom and started a recovery? 9% gain in one week isn’t too bad. Best week since November.
Note: no credit or blame is attributed to any politician, POTUS or congress-critter living or dead.
I got lucky and invested last Friday.
Not by plan of course, just came into some money in the U.S and didn’t need the cash so bought some stocks to reduce my average cost from a few years ago.
I bought 4 stocks at their 52-week low and all have gone up this week.
If only I had the same “insight” and sold them last September.
looking at the past 1 year of market data
there have been rebounds bigger than this that didn’t stick
so don’t get too excited
.
Yep. Look at a plot of the stock market in the '30s. If you want to practice market timing, it seems it would be safer to short.
I bought stocks last Friday, and also Monday before the big runup started – does that count?
I, uhh, also bought stock pretty much every week since November, so…
I timed getting out correctly and lost only 5%…I’m starting to feel like the time is right to get back in, but still have cold feet.