by AD ➕follow (1) 💰tip ignore
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Took my money out of market two months ago, wonder when all these dead cat bounces will stop and it would be a good time to reinvest?
Took my money out of market two months ago, wonder when all these dead cat bounces will stop and it would be a good time to reinvest?
I bought 200 shares of AZZ, mainly because I like the name, growth, dividend and the book value per a share.
That bloodbath is now happening.
Again today. Official recession announcement imminent. At least that's my best guess as to why the market is behaving like this today.
Amazon stock is down 45% and at 2018 price levels.
Facebook stock is down 58% and at 2017 price levels.
Disney stock is down 50% and at 2015 price levels.
Seems like there is always a bloodbath when it comes to stock corrections. That bloodbath is now happening.