Play stupid games win stupid prizes!
Russia Central Bank Bans Short Selling as Stocks Plunge
Russia’s central bank said Thursday that it ordered brokers to stop allowing traders to place bets against Russian shares, a practice known as short-selling. Short sellers borrow stocks they believe are overvalued and immediately sell them, hoping to repuwww.wsj.com
I think that a bit extreme. This whole Ukraine invasion has been telegraphed for weeks. If he also invaded, say Poland.. yea I think markets and the world would react differently. I am looking for a bullish bounce soon. Uncertainty / threat of an invasion that doesn't happen is far more detrimental to the market. Now this is out of the way, we just need the March Fed hike news behind us too and quash all the market boogeymen.Look at the bright side. I thought for sure I would wake up to futures being limit down. I consider this a win.
This.At this point, much like back in 2020, we arent operating on fundamentals or technicals. Fear has the market. Find quality and buy it for the long term. Yep there is a real good chance things keep going down. So what. Timing the market is gambling. Buy the names 9or indexes) you want to own for 20 years.