Dear readers, it was just days ago that I warned investors that the stock markets would correct by the first quarter of 2021. I have given readers those earlier developments where US stock markets, China stock markets have displayed volatilities on certain trading days year to date. I have also urged all to be prepared: to make full use of the opportunities to buy good stocks at discounted price when stock markets are in one of the lows during the stock market corrections.
We noted overnight that the US stocks markets have gone down significantly. Let us take a look again at what has happened:
NASDAQ Composite: -3.52%
S&P 500: -2.45%
Dow Jones: -1.75%
The above performance of the US stocks markets is to me just the tip of the ice-berg. If investors are looking at a possible stock market correction since 2008/2009, we have more downside to go. As I have mentioned many times, downside or not should not affect us. This is because we should always have a war chest ready to invest when all investors have fled or are fleeing the stock markets.
Are you ready for the next stock markets corrections?
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