These pull backs will offer great buying opportunities. While many of us are losing at the moment, these growth stocks will still rise over time so instead of panic selling we just have to be patient.
Once the government lock down ends and stability resumes about 2 weeks after the end date then these stocks will possibly start to rebound.
People just have to remember that many people in congress hold large positions in these companies so to ensure their growth they will do everything in their power to control the market and ensure these companies stocks rise again.
Market Rebound: Will Thanksgiving Week Break the Four-Year Pattern?
The S&P 500 index fell about 2% in November, marking its worst monthly performance since March, while market volatility surged. Citi’s Head of Wealth Management said there is still “some room” for the bull market, and this Wall Street giant has seen record inflows from wealthy clients this year.
Last Friday, expectations for a rate cut shifted again, prompting an emergency Fed intervention that ultimately turned the market positive.
Will this week see a “mindless” rally? With the Fed set to end QT in December, is this year’s decline over? Are you bullish or bearish?
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