Episode 5
Bear market
We officially enter a bear market, and are unlikely to save it as we finish the week with one trading day left. Also, Bitcoin joined the meltdown party.
March 12, 202014m 33s
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Show Notes
This is a podcast about all markets, made for people who trade and actively follow markets.
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Hosted by Brian Krogsgard, of Ledger Status
Today, I talk about the “official” emergence of the bear market, and the deluge of news that has followed.
- Bitcoin joins the party, down over 25%
- Stocks limit down again, finish at the lows -9.5%
- Liquidity $1.5T injection to repo market short lived hope
- Sports leagues all cancelling for now
- States closing down large gatherings
- Biden makes presidential statement
- Trump finally says something serious, gets punished by the market
- The 200 week in the stock market didn’t matter at all
- Identifying bottoms.