Underestimating 2020 Pandemic
I believe that many traders are underestimating the effect of the 2020 pandemic. You can’t blame them kasi kahit pa they understood the term Pandemic hindi nila ito ma feel masyado dahil sa mga mabilis na action ng Government addressing the market crash.
- Noong bumagsak ang market biglang nagpahayag ang Finance Secretary na bibili or su-support ang SSS at GSIS sa market. Bibili sila ng bibili ng stocks para hindi tuluyan bumagsak.
- Binago ang trading hours naging short.
- Binago ang maximum pwedeng ibaba ng stock in a day na dati 50% ngayon 30% na lang.
In point of fact, the 2008 crash took few years before recovering.
Back then, there were no deaths. Walang lockdown. Hindi nagstop mga negosyo.
Now, in just few months mula sa 52 week low ng mga stock ay umakyat na ito above 50%. If ako tatanungin, there is an anomaly. I think isang reason is hindi pa ma assess ng tao or ng traders how much yung losses na na incur ng mga businesses. The earnings report will paint a very bad picture soon.
This 2020 Pandemic is actually worse than 2008 if you think about the effects. Wala pa halos nagfile ng bankruptcy which I think will soon start to happen.
We look at Pandemic and see deaths then we also see the number of people recovering. No one has look into the effect of Pandemic to the businesses and the economy. Soon people will see it. Net foreign selling has not stopped for almost a month na.
You can see it here sa market reports- MARKET REPORTS- As of APRIL 21, 2020
Sa TL family ko e treat ninyo lahat as bounce.
If you are using mama go for one hour exit. If in doubt ka to sell or wait pa umakyat gain mo go and sell.
Hayaan natin sila outside our family na matuwa sa mga “reversals” ng stocks nila. We know better. Don’t fear. We will be with you along the way. Treat everything as a bounce.
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5 Comments
twinx
Thank you Ma’am..
ED
Yung kailangan ko to basahin araw-araw to manage my emotions. Thank you Ms. Gandakoh for this.
Mike Kelly
Thanks for reminding mam..treat everything as bounce, i’m putting it in my head
Dee
Nakakatakot nga yung epekto ng Pandemic na to sa ekonomiya, Lalo sa mga small businesses. I, personally worry kung magka-lay off samin after ng ECQ, pero mga workmate ko balewala lang sa kanila. Pati sa mga friends ko sa HS, sinasabihan ko na hindi lang isang buwan ang itatagal ng ECQ, ayaw maniwala. Minsan, may positive side din ang maging paranoid. Keep your expenses at low, savings intact and emergency fund. Maraming Salamat syempre, Miss sa walang sawang paalala.
Geri
Mataas din kasi volatility now kaya nakakatempt ung swings pataas pero syempre pag wrong entry malaki rin swing pababa. Even blue chips na low single digit dati nakaka-double digits minsan.
But agree with you. Even April Lee Tan also says U-shaped ang recovery. So we need that constant reminder na bounce pa lang mga ito.
Cheers to 30k! Marami kang natutulungan.