This sell-off is just a market correction of the 'Magnificent 7', says Ed Yardeni
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Publicado 2024-07-24
Todos los comentarios (21)
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I don't know what top believe, the losses was just too much, I dont even know where the stock market is headed to right now. my portfolio of around 200k is not increasing more than 5% and people are predicting a crash .
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What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
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The market's direction can swiftly change, with indexes frequently transitioning from a bear market to a bull market precisely when the news is most negative and investor sentiment reaches its lowest point.
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Biggest lesson i learnt in 2024 in the stock market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.
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Probably because America is a consumer economy and the consumer is starting to tap out?😅 2/3 of the economy is consumer spending
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It's not correction it's a small crash, yardini I don't believe him.anymore since his predictions gone wrong
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I love your videos ...., I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early this year 2024 with 10k and I’m up with 128k in a short period of time. Thank you Geralyn Bertha.
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US politics are also playing a big part
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I started investing in semiconductor, large cap, mega cap and NASDAQ index funds about a month ago. I was making money at first and was happy, but now I have lost all of my gains and then some. I now have a net negative return on my investment. I feel sick to my stomach. I wish I would have waited until after the correction to start investing.
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Ed Yardeni calling it a 'Magnificent 7' correction! 📉 Time to unleash my $150k emergency fund and start playing the market. Who else is ready to ride out this correction wave?
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Famous last words
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It was bound to happen. The markets have been on fire since the end of 2022. But the markets always recovers. Just stay put (if you're invested in great companies and index funds) and buy more if you have the available funds.
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only a week ago this guy was saying the market is marching higher and higher.
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All first comments with 100+ likes are bot scams
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Well, today Russell was -2%, would not be so sure!
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Out of the Mag 7, Amazon's stock price is actually even with 3 years ago after today. How does that make sense? And some think it's overbought?
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Earnings drop....
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I bought 10 Tsla today
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last week was a correction. this is a mini crash that will likely get worse. thankfully my cash pile is large and my motivation to buy discounted stocks is also large
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Hey its American psycho... not the actor, bale... its the real version... santoli!!! Does ed come on EVERYDAY??? is he a shareholder of the corporation (UNITED STATES)??? Good job ed!!!