COVID investment gains side story... I still can't believe how many people fell in love with meme stocks and the cult-like pull some of them still pull when COVID brought some very evident and special investment opportunities.
I had friends I was trying to talk into paying attention to how the market is reacting to news from China about shutdowns and how the energy market reacted and quickly rebounded after the initial news. There were multiple buy-low and very quick rebounds to take advantage of, but they were stuck falling for the latest hype on an "over-shorted" company...usually one with very weak outlook.
While I was casually making money off energy on these bounces they were busy sinking money into near bankrupt retailers because the hype chambers they were in had taken over their sanity.
I am a casual investor, like them, but once you see China shutdown rollercoaster price bounces a couple times it seems like a no-brainer to get in on the next few of them if you're actually looking to play in the market.
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