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Monday: Companies Crashing Across The Board

  • Writer: The Money Trade
    The Money Trade
  • Feb 23, 2021
  • 1 min read

Monday was not a good day in the market, or at least for my portfolio. It's good for those who're looking to invest in stocks. Apple, Tesla, and many other companies took a dip as Bears look for opportunities. Apple ended the day at $126, so investors if you're interested, now is good time buy shares.


Some of the country are still in recovery due to recent snow storms. Places like Memphis, TN has a shortage of water, whereas othe places like Houston, TX has issues with many resources. Life can test us all at anh given time, unfortunately we cannot do much during natural phenomenon.


Freezing bursting pipes is a major issue, so people will be pulling much needed money for survival, and repairs to homes affected by storms. Money will come from savings, retirement, or stock portfolios. Monday has a massive sell off across the board in multiple sectors. Not to mention how life came to a screeching halt, especially in places like Texas who had no electrical power.


No electricity makes its hard to trade. People were too busy trying to stay warm, and they should not be thinking about trading. This did affect the market, and my position is to hold and be patient because the market will recovery.


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