why are people selling their stocks in the stock market now? and why some are waiting for "Q.E" like that will solve all the problems?
the people waiting on Q.E. are thinking stocks will surge higher again after,,,,if so, why are so many selling?
- kswck2Lv 71 month ago
It is not so much 'selling' stocks, but rather putting very tight Stop Loss orders on those stocks. People are afraid of the US Election. Frankly, for all of Trump's issues, he has been great for the stock market in the past 4 years. HIs corporate tax breaks have brought billions of dollars, kept overseas due to tax laws, back to the US. People are Afraid of Biden winning, taxes going up-especially corporate taxes(he Has said that he will cancel the corporate tax breaks Trump put in). People are expecting the market to take a BIG hit if that happens.
- BeardogLv 71 month ago
They’re disappointed in earnings from the service sector and the collapse of the stimulus talks. It’ll probably bounce back starting Wednesday, once Trump is ejected and the uncertainty settled, so it could be a good time to buy them cheap if you’ve still got any cash.
- Anonymous1 month ago
they are afraid biden will win and we will free fall into a long financial depression