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Coffee with Markus - Is Now A Good Time To Buy Stocks & Shares?
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Is now a good time to buy stocks or shares? That's been a pretty common question I've received over the last few weeks with stocks getting absolutely destroyed!
And right now, I'm still keeping the "powder" dry because I really think the next two weeks are critical.
With the outbreak, we've seen major portions of the economy having to shutdown temporarily. But unlike 2008, this wasn't due to a financial crisis...but it could in fact be the catalyst that causes one.
And this is really what I'm waiting out.
There are some stocks that are more than 70% off their all-time-highs and I can understand that you might be experiencing FOMO (or fear of missing out), but I'm not yet convinced we've seen the worst of it.
So should you start dumping cash into so called "flights to quality?" Well, if you take a look at Gold, Silver, Bonds and the supposed "digital gold" Bitcoin, none of them have fared the storm any better.
So join me for a coffee and an open and honest discussion of where we stand with the markets and what I'm expecting next!
As promised in the video, here are the websites that I personally use for information around COVID-19:
And here's the video in about "Getting Cheap Money":
#StockMarketCrash #stockmarketcrashanalysis #oilcrashes #oilpricewar #bearmarket #stockcrash #2020crash #2020stockmarketcrash #tradewithme #withme #uber #gold #bitcoin
#btcusd #mgm #crudeoil
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tastyworks, Inc. (“tastyworks”) has entered into a Marketing Agreement with Rockwell Trading Services, LLC whereby tastyworks pays compensation to Rockwell Trading Services, LLC to recommend tastyworks’ brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Rockwell Trading Services, LLC by tastyworks and/or any of its affiliated companies. Neither tastyworks nor any of its affiliated companies is responsible for the privacy practices of Rockwell Trading Services, LLC or this website. tastyworks does not warrant the accuracy or content of the products or services offered by Rockwell Trading Services, LLC or this website. Rockwell Trading Services, LLC is independent and is not an affiliate of tastyworks.
And right now, I'm still keeping the "powder" dry because I really think the next two weeks are critical.
With the outbreak, we've seen major portions of the economy having to shutdown temporarily. But unlike 2008, this wasn't due to a financial crisis...but it could in fact be the catalyst that causes one.
And this is really what I'm waiting out.
There are some stocks that are more than 70% off their all-time-highs and I can understand that you might be experiencing FOMO (or fear of missing out), but I'm not yet convinced we've seen the worst of it.
So should you start dumping cash into so called "flights to quality?" Well, if you take a look at Gold, Silver, Bonds and the supposed "digital gold" Bitcoin, none of them have fared the storm any better.
So join me for a coffee and an open and honest discussion of where we stand with the markets and what I'm expecting next!
As promised in the video, here are the websites that I personally use for information around COVID-19:
And here's the video in about "Getting Cheap Money":
#StockMarketCrash #stockmarketcrashanalysis #oilcrashes #oilpricewar #bearmarket #stockcrash #2020crash #2020stockmarketcrash #tradewithme #withme #uber #gold #bitcoin
#btcusd #mgm #crudeoil
=============================================================================================
================================================================================
tastyworks, Inc. (“tastyworks”) has entered into a Marketing Agreement with Rockwell Trading Services, LLC whereby tastyworks pays compensation to Rockwell Trading Services, LLC to recommend tastyworks’ brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Rockwell Trading Services, LLC by tastyworks and/or any of its affiliated companies. Neither tastyworks nor any of its affiliated companies is responsible for the privacy practices of Rockwell Trading Services, LLC or this website. tastyworks does not warrant the accuracy or content of the products or services offered by Rockwell Trading Services, LLC or this website. Rockwell Trading Services, LLC is independent and is not an affiliate of tastyworks.
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