Stock markets crashing? by samstonehill

stockmarket · @samstonehill · Jan 27 '20 (edited)

$3.01

Stock markets crashing?

S&P 500 has lost its entire month of gains in the space of a few days.

![Screen Shot 20200127 at 16.48.07.png](https://files.steempeak.com/file/steempeak/samstonehill/ek7BO0cf-Screen20Shot202020-01-2720at2016.48.07.png)

While Bitcoin on the other hand has had a very promising few days with some very natural looking growth.

![Screen Shot 20200127 at 16.46.26.png](https://files.steempeak.com/file/steempeak/samstonehill/qYwYtuua-Screen20Shot202020-01-2720at2016.46.26.png)

Do I think there is a correlation?

Sure feels that way.

👍 canadian-coconut, znnuksfe, familyprotection, ace108, spectrumecons, ctime, mysearchisover, samstonehill, icedrum, transcript-junky, kalemandra, mehta, minismallholding, unpopular, builderofcastles, purpletanzanite, treetoptennis, nspart, nepalipahad, steemshop, edb, karinxxl, claudiaz, esteban-luna, torico, steemlondon, jockey, shift17, bitcoinsandgravy, savetukadpetanu, imerick, izzydawn, samstonehilltube, rollingthunder, ebryans, realtreebivvy, steemmasters, barcenas, occpresents, stupid, chron, umibozu, monkeymachine, exe8422, davidcashtv, steemtutorials, illusory, cryptogranny, steempope, skyhooks, iwantri1976, geenapalmer, teamsteem, shahabudin, arabianalien, nuttysquirrel, made-navicula, anomaly, haxxdump, stmdev, laissez-faire, toni.pal, tonimontana.leo, moniroy

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@builderofcastles · Jan 27 '20

Its all because of the Corona virus.
At least that is what i feel we will hear the pundits saying soon.

👍 samstonehill

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@samstonehill · Jan 27 '20

Interesting.  Looking online that does seem to be the case.  Nothing like a good old distraction from the truth.

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@karinxxl · Jan 27 '20

because of the corona virus indeed..big impact on more than we realize!

👍 samstonehill

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@samstonehill · Jan 27 '20

Feels like we are on the cusp of some interesting times!

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@rollingthunder · Jan 27 '20

$0.02

This virus news is masking the Other News, the economy is slowing, China's economy is shutting down, missiles flying at US Embassy's, oil prices dropping, oil stocks and shale related company bankruptcies to follow.............Grab a mask and goggles my friends.

Posted via <a href="https://steemleo.com/">Steemleo</a>

👍 samstonehill, rollingthunder, thunderrolls, leo.curator

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@samstonehill · Jan 28 '20

All makes sense.  Thanks for the explanation.

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@ace108 · Jan 27 '20

I guess that's why they say diversify

👍 samstonehill

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@samstonehill · Jan 28 '20

You know it!  Though from my perspective that means avoid stocks altogether and diversify the crypto ;)

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@mysearchisover · Jan 28 '20

$0.08

Wow! Glad I saw your post! Time to watch some Gregory Mannarino on Youtube! lol

👍 coininstant, mysearchisover, samstonehill, malia.mancianti, mauialohabella

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@samstonehill · Jan 28 '20

$0.02

Hadn't heard to Mannarino till now!  Thanks for the pointer ;)

👍 mysearchisover

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