I am curious for you guys opinion on how much will we see losing stocks take a hit in december as folks sell off losers on the year in order to balance out their losses with big gainers?
Will this be seen mostly in the individual stocks or will the effect carry over to ETF's?
I was actually thinking of selling a few of my stocks earlier in December this year so if they do take a big drop - I will have already dumped them before the bigger investors and institutions.
Are we thinking a Stock like Draftkings for examnple who has tons of investors who bought and held and are showing significant losses in 2021 - is that a stock that will drop 2-3% in december? Or will it be alot bigger than that?
Thanks in advance for any inputs and opinions or if you have historical data - even better. *(I was planning to start looking at historical data this weekend but I was just sitting here thinking about it now and decided to post here to get everyones early thoughts.
Submitted November 26, 2021 at 01:23AM by crazybutthole https://ift.tt/3p4KR1Q
