There is no place to hide other than cash, says Josh Brown
ฝัง
- เผยแพร่เมื่อ 28 เม.ย. 2022
- Josh Brown, Ritholtz Wealth Management CEO, joins the 'Halftime Report' to discuss what's happening in the stock market during today's sell-off. Watch 2022 Berkshire Hathaway Annual Shareholders Meeting with Warren Buffett and Charlie Munger on Saturday, April 30 at 9:45 a.m. ET www.cnbc.com/brklive22/
» Subscribe to CNBC TV: cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: cnb.cx/SubscribeCNBC
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: www.cnbc.com/2020/09/29/the-n...
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC News on Twitter: cnb.cx/FollowCNBC
Follow CNBC News on Instagram: cnb.cx/InstagramCNBC
www.cnbc.com/select/best-cred...
#CNBC
#CNBCTV
People have a weird logic, they wanna buy when stocks are expensive and sell when its cheap. This is the time to accumulate and hold until the market recovers
I noticed they are spreading a lot more fear and don't want you to buy on fair price like now.
@@livins4504 yes it has always been like that
Indeed..! These are the absolute best times to buy
Inflation eating up cash, we are doomed
The fact theres no suggestion to buy precious metals says it all.
@@darrinito absolutely right. Buy quickly at the drop but knowing the bottom and timing can be extremely difficult.
I don't plan on retiring anytime soon (I'm 32). I'm buying growth and letting it sit. I personally want it to go down more!!!
Clean it up 🎉🎊👍😁
Yep, keep regular investing into the market. You will be buying when the stock market is on sale. When the Nasdaq has declined by 50%, buy TQQQ.
by the time you're 65 or ready to retire the economy will have collapsed at least 3 times, buy in those recessions not now.
@@valdomero738 why would he wait for those and not just inves the whole way through makes no sense 🙃
@@ChimpRevolution Right. Especially if they pay dividends.
The most real CNBC guest - never afraid to tell it like it is and not push the always bullish narrative
It's always a fact, every companies will be selling off.
Josh speaks the truth. Sorely needed. He cuts through the financial news media cheerleading for Wall Street. Carry on Josh.
I still say you re better being invested than not invested. The cash is losing value due to inflation. So there is absolutely nowhere to hide. The best advice is to not go all in and Dollar cost average in small amounts for the long term. That is the best strategy moving forward. I wouldn’t be in cash you have to start buying into the fear at some point.
You make some very good point. If I had a couple of million I would stick it out but I don't. I am a small time social security recipient. I invested in income stocks (ETFs) and lost quite a bit. Yesterday I ordered for all my stuff to be liquidated into cash first thing Monday morning. I wish I had done it 2 weeks ago. I would be at least $5,000 better off. Yes cash is eroded by inflation but not at the aggressive rate of this crash. If a mutual fund is giving $130 a month in dividends but losing at a $200 to $700 a day clip then wtf!! If I keep all my money in cash and dole myself out at $200 a month to supplement my SS I am good until I am 90. Sorry but there is nowhere to run and cash at least gives me a chance. If I have investments that have turned $60,000 into $5,000 what good is that. I'll take my chances with cash for 1 year and we will see what things are looking like in April 2023.
A few months before Biden loses re election would be a fantastic time to invest
@@izifaddag8221 Once Biden is no longer in office , all will be well
Lol
@@mariedavison3707 Well I must agree if when the republicans attain office they turn back on the oil. That will make an enormous difference. Plus shore up the southern border and start ignoring this war in Ukraine. Biden will be neutered in November.
But with inflation staying in cash is losing money.
Bingo!
Sure, but at this stage one is probably choosing to be somewhere between losing a little or a lot.
You're losing a lot more a lot quicker in equities right now. Inflation is just a liquidity premium at this point.
Going short stocks was a great idea this year.
I read about a man in his 50s that started investing in stocks and real estate, then retired in 2years with over $6million, that right there is my utmost goal and I'd really appreciate clues and tips on how to reach this goal within 5years
It is essential for you to have a mentor to keep you accountable
1. Limit your spending/cut off retail therapy
2.Put the extra cash towards investing in high yielding or steady investment.
3. Get a financial coach/mentor to guide through your investing goal. These might look simple but they require good amount of willpower, but through mentorship, I've been able to consistently grow my portfolio to $800K and I'm looking forward to retiring at 50 as well and I only wish I started up early. Goodluck
@@lunaalvarez5785 That's awesome 👏 if it is not asking too much, do you mind hooking me up with your coach?
@@nuggets9113 The consultant that guides and assist me is *' Natalie * Andrea * Bows *' , you can check her out online and reach out to her through her website to book an appointment.
@@lunaalvarez5785 Thanks for sharing, just looked up the broker you mentioned on google and I'm super impressed with her credentials. I will be writing her an email shortly
I’ve been “hiding” in SQQQ.
Yeah. SPXU … Peekaboo!
Straight from the heart, Josh Brown, what a guy !
If this happened under trump. He would be screaming it was trumps fault. I never thought financial news should be so political so that's when I stopped watching CNBC. He trashed trump daily.
Wall Street and Institutions do not want the stock market to crash, because the Fed is not going to be able to save them this time. If the Fed fund rate was already higher and the balance sheet lower, we would be down 20-30% more from here and they'd be begging for bailouts.
long term stock is the way, hope it continues to go down.
I’m only looking at companies that pay dividends.
Very well said 👍
Saying cash is safe when we are having 8%+ inflation. Right
Bless those returns when you had em
Perhaps the reality is closer to saying that "cash is safER" than a lot of other assets?
No, it's not perfect but it surely beats those 30-40% or more losses that some of the
tech stocks have had lately.
when you hold cash you lose 10% but you can invest in a stock that is down 25% - 80%% or the s&p that is down 13% and once it goes back up you can level out the inflation losses. Yes there are a lot of stocks that are down way over 50%. Speculative stocks of course. Most stocks are down over 13% right now from the highs. Why put it in an asset that is falling? I think now is a decent time to start averaging in some good profitable companies.
@@JakeInvest It is very easy to say cash is good when the market drops. Nobody can predict the future. If you get out now, when do you get back in? Do you ever get back in?
@@stanshen5207 I prefer the dollar cost average hold forever warren Buffett method
I think there are more players in the market then ever before. Not just in the US but world wide. So it seems logical to me that we're going to see some of the biggest swings we've ever seen when fear and inflation is panicking a lot of people. The only question is when does it bottom out and what is the catalyst? It's so difficult when the media has so much influence over the markets.
I agree. This is not one of those "a rising tide lifts all boats" type of market. No, this is a market where
the rewards are few and far between but then found you can bet that they will involved companies that
have good earnings, strong management, and low debt. Nothing other than this will work. I'm about
32% in cash right now and have no strong urge to invest. Yes, this loses buying power to inflation but
that's not the worst thing that can happen right now.
Well said,Josh is da man
The Fed: "Oh, really now?"
You’re down 5% if you bought a good company and are fine with those nice dividends.
You’re down 40% if you fell for the hype schemes.
Exactly!
be gone 5% dinosaur companies..time for them to crash!!!
"Apple was trading 8 times earnings" when Buffet bought it as Josh states.... Difference is Amazon is still trading at 40/50 times, has some debt and cash flow from operations has been trending down for a year now.... Buffet would maybe be interested at 500 not at 2400 😂
“Fundamental happy talk”. Quote of the day.
So true! Great analysis.
The only person on CNBC worth listening to
Sara eisen too
@@JJsProductionx really she said sell apple & buy gold I could not stop laughing when I heard that one
The only clown on CNBC worth for entertainment *
Josh brown always keeping it real
Josh is on point with this take.
I agree. It was refreshing to hear someone tell the truth. All this 'buy into the dip' nonsense and 'buy the discount' rubbish is starting to make my skin crawl. We are in a national maybe international slide into a recession. Hopefully the stronger presence of the republicans later this year will maybe, just maybe, slow the slide down the drain. Hard times are coming. Cash / investments - investments / cash. It doesn't make any difference. Until inflation is under control and the stock market bottoms (and who knows how long that will take) we are all doomed. No soothsayer has a secret door to a place of invulnerability. We are all headed to a world of hurt. Thanks Biden and the morons who voted for you. Isn't it wonderful to have had gasoline double in price in a year?? Good times right?
Only guy on cnbc that makes any sense.
Wow great explanation!!
amazon down 10% is still overvalued, how are you comparing apples 8 pe when warren bought it to a 60 pe amazon?
Overvalued by your evaluation model, by mine is a buy under 3k.
also amzn has more debt than cash. josh, dropped the ball on that one.
@@alb.1911 overvalued by value investing principals which warrens stands by
@@heneliezer1421 I use other standards. If you still using those principals you probably don't own any growth and high growth companies and you probably lost the biggest rally in the last 20 years from big techs and similar. You can't value the actual market using old standards. If you are a value investor, Amazon is not for you.
@@alb.1911 that rally was over and everything is back now. i do own one risky growth stock
Love this guy
There "has been" no place to hide is what he said, not "is" which you have in the title. CNBC is you want anyone to have any trust in your news you have to at an absolute minimum get your own reporting correct.
All they do is push fear I cannot stand Scott
Josh has it figured out!!
Josh is great!
You can lay out ANY strategy or theoretical, statistically and mathematical structure you want and he just CRUSHES your theory and he is RIGHT!
Trading and looking at the markets in this pragmatic manner is SO MUCH MORE IMPORTANT than any MODEL for ANY concept, except DAY trading, you are
just getting HAMMERED and you NEED to stop with stop the longer term forecasting, stop the fundamentals and even technical LONGER TERM projections!
This is NOT your TYPICAL BEAR market! While inflation is a larger part of the problem, the OTHER SERIOUS issues of the war, supply chain, too much money in the system and MORE
are creating a bear market we have not seen in a long time( you CAN'T even point to 2008! Its causes were totally different- even as the results were so bad!)
We're in a downtrend until the FED turns on the printer again.
You hit the nail on the head.
Nope incorrect
The market will grow WITHOUT the fed printing.
Its a just a healthy pullback
Thats all
@@BrandonClark-StocksPassports Just like 2018 when the FED tried to raise rates? The markets crashed 20% and the FED was forced to back off. We're a debt based society. We need debt to grow. And actually the economy isn't growing just our debt. The FED will never be able to normalize rates or truly fight inflation. 1st quarter of this year the US economy contracted 1.4% when every analyst was calling for 1% growth. The CPI is 8% and the FED is raising rates .25% to fight it? We all know real inflation is much higher. North of 10%. Regardless the FED will be forced to stop at some point.
the screws are tightening - Winter is Coming, everybody takes a buzz cut this year
Amzn has a PE ratio of 60! Not exactly Munger/Buffett value territory.
I was thinking the same thing…I’d rather put my money into Alphabet
It's down around 45 now but still pricey. It's arguably the best company in the world or at least top 5.
Love this analogy
This has a bad Like/dislike ratio but Josh brown is literally the only talking head about stocks that knows what he's talking about. Never blindly follow anyone but I respect his opinion.
How can you see the ratio?
Still up 50% ytd all in oil stocks
0:19 This is the worst start to a year for 60-40 portfolios (60% stocks, 40% bonds) since 1980 when stocks were down double-digits and bonds down worse
1:35 The money has to go somewhere, so we won't have both stocks and bonds continuing to lose
Yeah tty
Hide in Energy ppl, especially Canadian energy names.
err amazon is 60 ish times earnings hardly 8x an unwanted apple
Josh is the type of guy that speaks last at a meeting and goes. "Well, that's all great and all but let me tell you what's REALLY happening that you guys don't want to talk about."
Lol, love the guy!
Cash ?? If there’s anything left!!! Remember these so called analysts criticize people for holding on too cash !!!
I've been hearing that from brokers for 40 years, yet in the real world I find that having a cash cushion
to be VERY comfortable. For one thing, having cash means that the market cannot force me to sell
depressed shares so I can fund my retirement living expenses. It also means that when the market
turns around, I can buy back in on the cheap. March of 2020 was really good for that and so was
March of 2009. Such times don't come around all that often but when they do, they are sweet.
I think that what the brokers are really says is, "If you hide in cash, I can't make much money from you".
OK, I can live with that but the additional options it gives me during nasty markets is well worth YOUR
discomfort. lol
Josh saved the tip on SARK to protect yourself while make money regardless
These are great markets to trade, why is everyone trying to find longs? Its an intraday game and they are there and I take them but I could care less if we are front side or backside
Josh is one of the best. Cash is king.
@John Kneivel The stock market is a device for transferring money from the impatient to the patient.” Warren Buffett
@John Kneivel Don't let me stop you from trying to catch a falling Knife! 😅
@John Kneivel Well why didn't you say you were shorting this Mofo?! I approve! 😁
Cash is gonna be king for a year at least, but people should still be frosty.
since I knew that he sold MTTR losing + 20%. I cant take him seriously TBH. Talking about technical BTW
This is a well detailed and informed video. I'm here to learn how to invest after listening to a guy over the air talk about the importance of investing and how he made $410,000 in 5months from $180,000 startup. Somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas
Investing in crypt0 and stocks is a good idea, a good system would put you through many days of success
NFTs stock and ForEx trading should be at every wise individual's list. Soonest you will be euphoric with the decision you made today
Having monitored my portfolio performance which has made a jaw dropping $370,000 from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market
@@toralayous8500 Interesting, I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself, do you trade on your own?
I'm trading with Expert Mrs Denise Mitchell, a regulated broker. Met her sometime early last year at a startup funding event. She had some interesting things to say about the state of algorithmic trading today, very obviously I'm seeing the results
Good call brother
Save cash so inflation can eat it up 20% every year.
@@darrinito Amen to that!
@@darrinito true plus everything isnt inflated 20% alot of people have locked in mortages theyve been paying for 10 plus years and drive 15 miles a day no real gas pain there and dont buy loades of grocerys my point inflation isnt killing most this is america not venezuela we dont live on 10 bucks a day jobs
@@darrinito ill be staying in cash as are all my buddies market is a total scam right now and these cnbc guys are all suspect
Hey Steve weiss was right for once
A gween day would be weally gweat lol
sell everything sell everything!! lololol
Amazon is down because if you buy something from them it may not get delivered.
You live in the ghetto then
Love these down trends so I can accumulate.
I started with cash on March 10, there's no going back to cash for me. Hopefully we're around the bottom.
sorry we are not near the bottom, slippery slope ahead.
Everybody seems to be pointing to the 3800-4000 range on the S&P. Somewhere in that range is probably the bottom for a while.
@@dayneholt4149 Don't project your fears onto the smart folks
Idk what he’s talking about. BBIG did pretty well today and is on the uptick
josh is my king
When I see the comments still people did not give up! This is the most accurate indicator! We are not the bottom and market will go down much lower then everyone think! Run away and wait for right time to enter! Market may bounce once when it reach Qqq -28% but it will be a technical rally! You will see Qqq -35-38%. Then -50%!
Totally right
I was 40% cash about a week ago. Down to about 35%, as I'm starting to nibble again. As Josh said, there's no rush right now, for long term investors. I'll take my time, as there are still negative catalysts out there.
Bear market just started. S&P is not even at the 50% tracement and is still so high from the median. The first mistake the beginners do is "nibbling". Nibbling is not when you do when it's at it's highs even though QQQ has down 20%. Nibbling is when it so hard no one wants anything to do with stocks.
@@irish_vanity Hence me saying I've already started to trickle in. I'm not going to pretend that I can time the market, but I'm also not going to pretend that there aren't negative catalysts out there.
@@user-fx5sw4jy7hYz9Hzi Bear market is only on thr Nasdaq and Russell. S&P and Dow have a looong way to go before they hit bear market, if they hit bear market. Time will tell. I'm in the "recession" camp, so I do believe we're going to get it, although the analysts and fed are saying no. Also, I believe differently about the fed rate hikes, so that's why I'm in no rush. Like I said, I'm still 35% cash. There no rush to get in and I'll continue to deploy as things continue to get worse. I'm not going to pretend like I can time the market. That's a mistake. If you're a long term investor, like I am, then buying anything now at the prices they are, is going to turn out just fine 5 years from now.
@Thomas Paine financial trading is much different today than it was 20 years ago. Institutions and algorithms control everything. It would not surprise me to see a 6month bear market, only to see it all recover in 2 weeks. I would totally put money to work right now, even if the broader indices were to go lower another 20 percent
@Thomas Paine Not expecting it to. This is going to take at least through the end of this year, to get out of it. As long as supplh chain issues remain a problem, inflation will be an issue. They'll continue to be a problem in 2023. Fed will fight though, with their rate hikes. Expect for two 50s, back to back.
When you encounter an unemployment rate of great numbers the supply will then increase. By raising the interest rate to stop inflation which is what will happen with or without the Fed.
People were able to buy homes out of their price range at 3 per cent loans. All they know is monthly payments and do not care about the total price.
Once you get 10 percent inflation and you have bank loans at 3 percent watch the collapse. Now we are talking bank bailout again.
Well Josh you didn't mention that which you should've in January , tell us about your MTTR trade , still holding?? I guess not, I should've listen to my gut in January
How about Amazon having a billion dollar loss?
Josh has fully become the new cramer. "this is what I was worried about" says the guy who has been continually saying this is a gift and that you should be averaging down if you are long term. He now pretends we didn't hear what he said yesterday - or even this morning. He has become full Cramer. If I say it forcefully enough and pretend I am not contradicting what I said 15 minutes ago, then I must be important. Total clownshow.
Holy Mother Forking Shirtballs
This is just a tip of the iceberg. Those with debt or leverage will get crushed. I'm sitting in cash, no debt, waiting for the "Markets in Turmoil" specials, Cramer screaming in pain. At that moment, I'll know we have another 10% to go and I'll be a buyer with put spreads as a protection.
Have fun timing the market
You will be just fine. Especially with the Biden administration.
Aren't you worry about inflation sitting on cash?
@@walden6272
Not here. I like cash here.
Just make sure that 33 billion gets to Ukraine forget about anything that we need.
Phew! What a day in the market!
Surprise! Rates start heading down, the market rallies and almost everybody misses it ( due to excessive pessimism). Give it a month or two. This is going to be a great opportunity!
As a reminder, the fed funds rate is currently at 50bps, and Covid QE only stopped last month. QT hasn't even begun. Few Fed tools left and with inflation as high as it is, they mostly have to continue to raise rates even if the market declines.
To short?
@@z5m2 gotta do what you gotta do, they have to stop inflation at all cost. the market will bounce back and make a lot of ppl rich
Amazon at 1.3T is not Apple at 8 PE. Get ur head checked
Investing like life you can be right 99.9% of the time and still have a catastrophic outcome.
If you exit now, when do you get back in??? Buy High sell low
Just brought 10 shares of amazon amd 5 shares of google. I got in anazon at 2600. Its now down to 2439. Smh, geesh. But again, ill hold it amd be elated years to come
"Apple was trading 8 times earnings" when Buffet bought it as Josh states.... Difference is Amazon is still trading at 40/50 times, has some debt and cash flow from operations has been trending down for a year now.... Buffet would maybe be interested at 500 not at 2400 😂
I've recently retired and only interested in cash flow.. I was 80% Cash and now have started nibbling and will continue for the next two years and invest in dividend ETFs to make monthly dividend income.
Wait another 3 months before you start nibbling. The market is about to go down the drain.
Same situation here, I'm with you on that. Take your time and be patient. Covered call enhanced EFT's are worth a look as they enhance the dividend stream by earning call premiums. You do lose some price upside in rising markets however.
IMO we are repeating the 2000-2002 decline. Buying on dips will be a losing proposition. Wait until the Nasdaq declines by 50% from its top before buying.
Have a look to 1973-74, too
@@jeanp9450 Yes
50%? You're stupid if you think Nasdaq will ever see 7000 again lol
By that time your cash has gone down in value 50% too. What cash or liquid investment is safe from inflation?
@@scottowensbyable Cash won't decline 50% in 2 years. What are you smoking ?
Maybe you should go all in the stock market, first thing Monday morning.
Technically he’s wrong about nowhere to hide… gold is up 5% YTD. Not a gold bug, but just saying if it’s complete meltdown then gold would be me down as well.
I bought lots of physical last fall. Gold will push above $2k and homd this year.
The nasdaq 100 daily, weekly and monthly charts have broken below the 13,000 resistance level. Buyers Beware !
Tech stocks have very low or even zero "Net Assets Per Share" in many cases. They are valued by discounting their future cash flows using the expected future interest rate(s).
The very rich valuations of Tech Stocks leaves little room for any unexpected disappointment and history does suggest that an environment of rising interest rates can hinder the performance of even the best technology stocks. Such an environment drives up the discount rate used in discounted cash flow models and drive down the net present value of future cash flows and thus the theoretical fair value of the stocks. It is much safer to short technology stocks than buy them in my opinion.
In addition to the above a slowing economy (or even a probable recession) is bound to reduce the Expected Earnings of the vast majority of Tech Companies.
No one is talking about the scenario whereby interest rates rise to say 3% and inflation remains stubbornly high. The Fed would then be forced to continue tightening otherwise the existing President / government would be at a high risk of being voted out due to the public's dissatisfaction with the living crisis that they feel is not being tackled. This is a highly likely scenario in my opinion !!
Can't wait to see Biden go and he can take Powell with him!
Can you explain to me why bonds lost if interest rates for.those bonds are way up?
Agree with you on the tech stock issues but am also wondering why the giant tech companies
that have no need to borrow any money also are being hammered by rising rates. Are they too
finely priced that they cannot maintain their share prices in the face of small P/E changes?
The way i see it is simple. Technology is out of favor . Just like gas was in 2020. The CEOs never announce they have sold their stocks. They got out Before it tanked . The CEOs of technology are doing the same as well as hedge funds. The only suckers are the individuals who are left holding the bag and sell as it's sinking. Most likely it will come back when Biden leaves , it ain't soon enough for me ! And please take Powell with you! Honestly everytime he speaks it's like he is forced to rehearse a book report he never wrote, and when asked questions he is remembering what some coach told him to say about Everything! The economy , interest rates, inflation, gdp, unemployment, everything possible. He has no plan except wait and see. Well my grade would be a D. He doesn't get an F because he showed up and that's about it .
The current admin needs to tackle inflation.
Money market up to 2 year corporate or treasuries is the place to be. But, i love eletric, gas, water utilities and theyr dividends
Tell me you plan to retire poor without actually telling me
@@yourbettingassistant7985 i started investing since 2009. I havent sold anything. But im not buying at the moment. Ill receive the dividends and put them in money market funds and a couple of bonds that mature in less than 2 years and have a yield above 3%
@@brunomanco7529 Grow some balls and don't be a donkey
What a load of crap. Inflation is destroying the value of Cash. Only Cryptocurrency is good to invest in atm. Maybe gold and silver as a hedge.
CASH IS KING. Always has been ALWAYS WILL BE.
I’m unloading the truck
Fake headline! That’s not what he said!
Click bait
Cash when inflation is 10%, completely asinine.
Not if you're in cash planning to buy good stocks when they come on sale .
@@darrenmcinerney2212 Doesn’t change the fact you are losing buying power every day because of inflation. Cash is the absolute worst asset to hold when Congress is devaluing the USD and there is 10% inflation.
I am in cash right now, That's where I feel most comfortable at the moment and if I get good sale prices soon I'll take them, if I don't I'm ok with that .
@@darrenmcinerney2212 I feel bad for you. I’m 100% invested, and right now my DRIP dividend repurchases are buying up 25%-50% more shares today than they were in Q4-21. I can also claim cap gains losses next year on my taxes.
@@thirdplace3973 yes, but stocks down 10% + another 10% with inflation
I like Josh. But he hasn’t been saying this for a long time. Weeks ago he was touting Carlyle Group and AO Smith etc. so there’s that
I remember him mentioning AOS. Didn't buy at that time because this market was/is in a deep downtrend.
@@bizdrone yeah, he also mentioned Dutch Bros at the same time as the ones I mentioned. These are fine companies but it’s not like he’s been stacking cash for months. He was a buyer not long ago. Lol
Every year between Jan to June , market always selloff .. this is seasonally trend
Sounds like a “ stock market crash” coming - IMO
A correction, time to buy as much as possible for the next months. 🧠
It’s already down 20% on the Nasdaq and like over 10 on the S&P
Ugh we've already crashed. Stocks are getting absurdly cheap
@@willberry6434 no. Its going down more. This is more like 2008 than 2020
We've barely had a correction, huge crash inevitable
Josh always makes the most sense.
He nailed it.
Everything is on sale today. Fine with me.
I just came across the guy that needs to send Cramer into an early retirement. Hey Josh!
Bouyaahhh
@Pooket well that’s great cause while other ppl just wanna make friends, he’s trying to make ya some money.
Means Buy the Dip🤑
Bitcoin. Everyone needs to do the 20-100 hours of research.
Never mentioned anything about cash
WHAT ABOUT BTC????
well put josh; if you are a trader right now, this vol is our best friend, with that being said taking profit aggressivley is so important right now
I'm lovin it.... 😁
Someone sounds really scared.
Gold?