I'm interested to hear other people's experiences.
I have a 100k trading portfolio and I have sold/bought nothing in the last week.
Thoughts on who's doing all this downward trading?
Thoughts on who's doing all this downward trading?
I imagine at least some of it is hedgies being crushed by oil sub-$40 as well as the AAPL correction (which was the #1 holding for a lot of funds). Lots of paper being re-positioned.
It was absolutely nuts this morning. VIG, which is the dividend growth ETF, composed of large-stock US companies, was down 18% at one point! I couldn't get any buys filled, though.
And I'd also point out that nothing has to be bought/sold for prices to move, although volume does spike when prices move downwards.
I'm curious about your terminology. 100k is quite a bit for most people. Is that your 'trading' portfolio or your 'investing' portfolio? If it's the latter, I suggest you keep doing what you are doing (i.e. nothing).