It seems like every day, the Dow finds a new ridiculous reason to go up. Whenever I go on Reddit threads, I see everybody saying that they're sitting on cash and that they wouldn't buy stocks at current prices. But stocks are going UP so there must be more buyers than sellers... I find it crazy that Citigroup rose 12% today. So where are all these buyers? If you're buying stocks at current uncertain times, what is your reasoning? I've been pretty bearish but am slowly feeling that I would have better chances of betting in a casino than understanding the stock market
Submitted April 17, 2020 at 09:24PM by nikolas_z https://ift.tt/2VGi45d
