r/stocks • u/Chrissylumpy21 • 2d ago

Crystal Ball Post Is Black Monday Incoming?

So much fear in the markets and this time really feels different. All the Mag7 stocks are so hit by the tariffs our iPhones will probably cost $5,000 soon and as the world slows, people will use Amazon less, advertise less on FB/IG. No one is buying Tesla anymore. Who needs anymore AI chips, yet AI is decreasing Google searches.

I fear the world is realizing it all this weekend. Or is it just me that sky appears to be falling?

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u/crazyrichmaya 2d ago

Remember the old adage...You never really appreciate the gains but stare for hours at the losses.

Your in for the long term so there will be market corrections. Don't worry and hold steady

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u/PepeSylvia11 2d ago

This is sound advice in a stable, predictable market.

We are not in that.

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u/ReactorTractor 2d ago

Lot of people said that during the COVID drop. Far more extreme events and look how that turned out.

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u/someasics 1d ago

Covid was different, the whole world was going through it together. What Trump is doing is ending decades of prosperous Global trade and isolating the US which was at the center of all that. We’re entering unprecedented territory so I’m reallocating my whole portfolio because I have no clue what’s coming next😬

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u/Easy-Yogurt4939 1d ago edited 1d ago

Everyone knows those sayings very well. Be greedy when others are fearful or don’t time the market. Time and time again, only when there is real fear, we see exactly why 90% and more underperform index fund even when index fund is all they buy. Real fear exposes the mediocre who just never learn a lesson. Another old time favorite quote I absolutely love seeing other people say “this time it’s different”. That’s when I know it’s time to DCA into the market. I wish people could do slightly more due diligence and read more so they can actually keep a calm perspective in volatile times. If only most of them know that trump is doing almost exactly what Buffett proposed 22 years ago on how to deal with trade deficit. Maybe they can finally overcome their human nature once in their investment career.

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u/ev21stonks 1d ago

Nah, unfortunately this is way more extreme. Friday was China and Monday the rest of the world....

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u/95Daphne 1d ago

Yeah, I'd actually say this is comparable to Covid.

The Dow's gotten big enough to where its worst drops are going to be about around 1000 points at least on rare occasion, but this index backing up a day like that on Thursday with a day that is even worse is absolute Covid type ish and this time is for something that can easily be stopped tomorrow (although it'll mean Trump admits he's wrong), which makes it worse.

You're going to need something significantly different in positive fashion pretty soon, or it's going to get as ugly as it can get in the modern day with the regulations we have.

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u/Low-Environment4209 1d ago

Comparable in some ways. In retrospect it could be worse longer term, but in the moment— given the uncertainty of a huge and untreatable illness running rampant vs the threat of policy decisions— I think this is not as bad. To clarify I mean, assuming one were in each moment without knowledge of the future, the COVID situation was arguably worse with ramifications that were completely impossible to anticipate, is marginally worse than the present moment.

Also, in all things, remember that the level of panic is always at its highest before it recedes (this is, in fact, a tautology). So glimmer of hope there.