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No more FED put ? 2016, QQQ = 100 2020 QQQ = 400 Why? It actually very easy to understand the market behavior, just look at the charts. And, you should de
by streetcat1 4y ago
No more FED put ?
2016, QQQ = 100
2020 QQQ = 400
Why?
It actually very easy to understand the market behavior, just look at the charts.
And, you should decouple the company from the stock. A good company can have bad stock , what count for the stock market is what is priced in, not the actual performance.
- axg11 4y agoI get that - but why was this not priced in? Interest rate rises and tapering of QE has been on the cards for a while. The economic impact of COVID is inevitably transient. Why has this suddenly dawned on the market?
- streetcat1 4y agoI think that the market looks for the next fed put level. I.e at what point the administration tell the FED that enough is enough. Until this happens it would just go down.