$MAGIC
🇺🇸 The S&P 500 RECOVERS from its mid-September selloff, and the resilience of this market is remarkable.
The index fell toward 7,520 in mid-September, then climbed to nearly 7,840 in early October. After another sharp pullback, it's back above 7,800.
Look at how quickly buyers keep returning after each selloff.
With so much geopolitical uncertainty, you'd expect investors to be considerably more nervous.
Instead, the market keeps finding reasons to recover.
That's not proof that the risks have disappeared. But it does tell us something about how willing investors still are to buy the dips.
Writer: Oliver
#crypto #CryptoNews
🇺🇸 The S&P 500 RECOVERS from its mid-September selloff, and the resilience of this market is remarkable.
The index fell toward 7,520 in mid-September, then climbed to nearly 7,840 in early October. After another sharp pullback, it's back above 7,800.
Look at how quickly buyers keep returning after each selloff.
With so much geopolitical uncertainty, you'd expect investors to be considerably more nervous.
Instead, the market keeps finding reasons to recover.
That's not proof that the risks have disappeared. But it does tell us something about how willing investors still are to buy the dips.
Writer: Oliver
#crypto #CryptoNews