Not on s 5 percent dip! Stuff is still too hotbuy buy buy!!!
Powell has poured some cold water on further rate cuts and its a sea of red now!
A wobble as we bumped off 6700 or the start of some profit taking? Saw a chart yesterday that showed floods of retail money flowing into stocks at a time where institutions are starting to re-position. It's normally retail that ends up bag holding especially in the US where so much is leveraged/covered calls.
I'm going to take some profits in my SIPP - its reached my conservative target for the year and I'm a bit of a worrier!
My MVST stopped out when I wasnt paying attention, might be lucky looking at the general market. If theres a steep correction at open I'll buy back in.
Seems to me like it's just panic induced. The fed guy said something bearish earlier in the week and that's all it took despite good Q3 earnings in the S&P and stable macro. Last week of September is historically the worst week of the year. Buy the dipFalls getting quite significant now. Hear crypto is on slide too