Monday, March 2, 2020

Coronavirus - The Next Financial Crisis?




Could this Coronavirus be the next financial crisis which mirrors 2008 financial crisis? From the study of how the many tumbled the past few days and how the fear inflicted markets throughout the world, it seemed as though the selling was fierce and fast enough to sweep out trillions of dollars worldwide which dubbed this crisis as the 2020 big crash. The sell down was so wild and fierce which only we could ever experienced in 2008. I had not witnessed such a force before until 2020 which was 12 years later. See the Top 30 Volume, most stocks are battered down and lacked of buyers and see the STI chart, it's even weaker than usual where buyers weren't coming in yet. This is going to be a rough year and embrace your job for 2020.

Ronald K - Market Psychologist - A Stock Market Opportunist