/biz/ - Business & Finance

>>23582276
>"Confucius say: Man who picks bottom have stinky fingers."

>>23525352
kek
>man who picks bottom has stinky fingers

>>23415047
even if it was, it takes a LOT / a catalyst to change direction after their report
please, please do not try to catch the knife the day after a bad report.. NEVER do this
if you believe it was oversold, wait minimum a week (sometimes even two) for it to finish the downtrend and reverse - it'll be much better to be ready to catch the wave up that begins and missing a little bit of profit by confirming the trend up exists beforehand rather than just jumping in saying "okay this is the bottom!"
we saw the same exact thing play out with TACO this week, of anon's jumping in right after the bad report [retards]
>Confucius say: "man who picks bottom have stinky fingers"

>>22640622
There's just no way
>30 million unemployed
>unemployment running out
>Fed can't do anything
>No stimulus this close to the election (Dems want things to get worse)
>Greatest deficit in history
>Greatest national debt in history
>Greatest consumer debt in history
>Election year
>Election disputed before voting begins
>Now SCOTUS uncertainty & national unrest
>Markets valued pre-covid levels
>We were in a bubble pre-covid, even worse now
>Going into second wave, countries are locking down again
>Global pandemic will be worse in winter months

>Confucius say, man who pick bottom has stinky fingers