r/stocks
Hey everybody, all of a sudden the war, the oil supply shock, and the inflation it caused matter
Author mocks media for blaming market drops on macro events instead of institutional options trading, advocating buy-and-hold.
- Long-term buy and hold remains the best strategy despite short-term market volatility.
- Market drops are driven by institutional pump-and-dump and options trading rather than genuine macro factors.
- Mainstream media misleads investors by blaming macro events for market declines.
Hey everybody, all of a sudden the war, the oil supply shock, and the inflation it caused matter.
Watching CNBC, but the miraculous revelation can be found on Yahoo Finance and Bloomberg, etc.
Market is dropping, therefore we're all supposed to pretend it's dropping because of the war, the oil supply shock, and the inflation it caused.
As if this pump and dump had nothing to do with institutions and large options play. Looks like they switched to puts now lol.
Just a reminder the best course is usually buy and hold. I'm personally more defensive than most of you (largest holdings AXP, MCO, CB, KR, BRK.B) and I'm in the red today. Good luck out there!