#stockmarketcrash

[Norbert]

has been trending on Twitter for a couple of hours.

Not sure they were jumping the gun on Fed. Chair Powell's speech or if people are now perpetuating this in jest.

Last I looked the Dow was up 110 points.

[gab13by13]

1. GDP plummeted in the 4th quarter?

Which shows the need for the Rescue package.

[Zoonart]

2. 12:30 est DOW down 60pts.

[Mike 03]

3. Not worried yet

Some investors like Jeremy Grantham have floated the idea that the COVID stimulus bill could over-inflate the stock market, and a few weeks ago there was a flurry of articles predicting a crash--but there are always articles predicting a crash, so I don't know what this hashtag specifically refers to.

We've been riding high for a long stretch, though. It's not out of the question we could see a correction.

There are also the virus variants to be aware of. They could conceivably cause serious problems globally.

EDIT:

I mean, if you're an investor, it's not a terrible thing to be a little bit worried about a dramatic correction. My financial advisor always reminds me: "One day you'll wake up and the market will be down 20%."

It's a matter of being well positioned, and keeping that possibility (or, really, eventuality) in mind.

[Johnny2X2X]

4. The stock market is not the economy

Things aren't great, but the DOW is near record highs.

But things are looking up overall, Q1 of 2021 is expected to post fantastic GDP numbers. The Stimulus will provide a huge jolt and the recovery should be strong and quick.

[jmbar2]

5. A lot of Russian-type bots are on Stocktwits today saying the same thing

They've been thick as thieves, posting anti-Biden posts all day. My hunch is that a lot of the new Reddit/Robinhood traders are seeing their first stock market correction and they want to try to radicalize them.

[PoindexterOglethorpe]

6. OH MY GOD!!! It's down over 500 points!!

Crash! Crash! Crash!

Oh, wait. That's less than 2 percent.

How do we define a stock market crash again?

The long term trend of the market is always up. Indeed, it goes up two out of three years, on average. Trying to time the market is beyond foolish. Buy good stocks, or better yet good mutual funds, hang on to them for the long term. Oddly enough, that's an incredibly effective strategy.