Posted by: RamkumarPoudel August 19, 2020
tesla stock OMG !!
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Market keep soaring for IT techs, some grocery chains and pharmaceutical companies. Somehow wealth been shifted to other areas, and numbers are still good. I’m saying in terms of gains and investment perspective. It won’t crash in September, but activities could be lowered. Historically, September and October are worst months for stocks, it’s October when market crashes. Also stocks have been cash cows for rich and wealthy folks because interest rate is lowest it could be. For stocks market to crash there should be massive unemployment, loan default, big banks loans, shut down of small and big companies. With federal govt helping stimulus to people and company, it’s not happening right now.
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