[Tiger Friday] Describe the stock market in one word
Hi Tigers,
Today is Friday, so it's time for Tiger Friday game! 🌴🥥We prepare coins and gifts for you to participate in our game. Can you describe the stock market in one word？Come and join the game, and you will win Tiger Coins💵 , and have a chance to win a Tiger Gift!🎁
The stock market had a relatively volatile week. The S&P 500 lost over 1.5% on Tuesday as Fed Chair Jerome Powell told the Senate Banking Committee that the terminal fed funds rate “is likely to be higher than previouslyanticipated."
Following that, the stock market suffered another sharp decline as Fear overtook Wall Street when SVB Financial Group, a bank that lends mainly to technology companies, had to sell $1.75 billion in stock at a loss to cover rapidly declining customer deposits.
Which word would you use to describe this week's stock market?Why?
How to participate?
It is very easy. Just leave a comment on this post. Can you describe the stock market in one word？why？
📢Activity Details
- 🐯One Tiger with the most liked comment will receive Tiger Gifts. (Invite your friends to like your comments)
- 🐯10 Tigers with the most impressive comments will receive100 Tiger coins each.
⏰Duration
10 March 2023- 17 March 2023
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🌟🌟🌟"OPPORTUNITY" The stock market now presents an incredible opportunity to buy quality shares below their intrinsic value. As Warren Buffett loves to do, this is the time to be greedy when Fear and Panic reign supreme. The current selloff for banking stocks is unprecedented.
I see a phenomenal opportunity to buy $Bank of America(BAC)$ which down 11% in the last 5 days. It is also down 25% in the past year. Bank of America has a rock solid balance sheet and is in a strong position to benefit from rising interest rates. BAC is also Warren Buffett 's favourite bank stock with 12% holding and over USD 1 billion in value. It pays great dividends too. The current dividend yield is 2.91%.
When Opportunity presents itself, it is time to be greedy, time for action!
@TigerEvents
不要因恐慌而全部贱价抛出股票。如果你在股市暴跌中绝望地卖出股票，那么你的卖出价格往往会非常低。
对持有的好公司股票要有坚定的勇气，要敢于低价买入好公司股票。暴跌是赚大钱的最好机会：巨大的财富往往就是在这种股市大跌中才有机会赚到。暴跌是赚大钱的好机会。
当你喜欢的一支股票大跌时，值得高兴的是有机会可以进场.市场跌愈惨 愈是你应该存股的好时机！正确存股，就能迈向富有未来😃
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seeing all my stocks turned red and in deep loss.. speechless too [Spurting] [Spurting] [Spurting] [Facepalm] [Facepalm] [Facepalm]
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Not too long ago, the market sentiments is bullish as the indices bounce off rapidly from its low. However, the stubbornly strong economic data coupled with recent hawkish Fed remarks just triggered a sell-off for most stocks with tech taking the biggest hit.
Sell-offs can be daunting as you see your portfolio dives into the red or your profits getting eroded rapidly. However, it is imperative that one does not panic sell.
As Warren Buffet opines, be greedy when others are fearful. Fear-inducing events that triggered a sell-off can lead to good investment opportunities as long as the fundamentals of the companies invested remain intact. Look for the next key level to dollar cost average and be patient to reap the long-run benefits/returns.
Stay strong and all the best!
@Bonta @daz88888888 @RDPD富爸穷爸 @LMSunshine @GoodLife99 @melson @SirBahamut [Great]
There are several reasons why the word "volatile" can be an appropriate descriptor of the stock market. One reason is the inherent nature of stock prices. The stock market is driven by supply and demand, which can be influenced by a wide range of factors. For example, changes in interest rates, inflation, and corporate earnings can impact the stock market. Additionally, unexpected events such as natural disasters or political turmoil can cause sharp and sudden price movements.
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I went short this week due too all the volatility. Bought into a couple of good companies with a discount, and are looking at closing my short position $Nasdaq100 Bear 3X ETF(SQQQ)$ to buy some more stock. And do have some improved cash flow thanks to what was a terrible week for most. At least this was finally my week. All the best fellow Tigers for a 😊 happy ending to the week . [Grin]
It's just like human heart pulse keep moving up and down no matter you look at live, mins, hours, days, weeks, months charts. Interesting but yeah this is the behaviour of equities market. Its price also will make your heart beat to follow, let's say tonight a big drop or surge will make you down or excited! Do you agree with me on the pulse? [Anger] [Anger] [Anger] [Call] [Put] [Call] [Put] [Call] [Put] [Allin] [Allin] [Allin]
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原因：这场历经大牛市后的漫长熊市，可以把散户们变成另外一个人，无论是资产，心态，性格，认知，思维习惯等等各方面都通通改变了，以前信誓旦旦的事现在不存在了，以前的狂热现在也不存在了，脑残粉们也醒了不少。如今是越来越冷静，看问题也多了好几个心眼。