Everybody having fun watching their investments go all over the place the last couple weeks?
I'm not an active trader, just investing in index funds to reach financial independence in hopefully 15-20 years, so for me I just watch without changing my strategy at all. It is kind of fun now that I have a decent chunk invested that my investments can lose more value in a day (like yesterday) than I bring home in a month.
Ahhh... just how it is. Yesterday was the first time since 2007 (not a good year) that the most watched portion of the yield curve (2-yr and 10-yr Treasuries) inverted; this type of action, in this particular comparison of the yield curve, has preceded the last six or seven "recession" periods so investors (a fickle bunch for certain as I can attest to) kind of punted out of short-term. It was a very brief inversion, but this move coupled with poor economic numbers from China and Europe (Germany I think?), along with the trade war rumor mill kind of drove investors into safe havens (bonds) for fear of volatility in short-term investments (I think the VIX spiked yesterday too, I'd be surprised if it didn't).
Couple all of the above with the fact that another portion of the yield curve has been inverted since early Spring (3-month/10-Year since mid to late March I think) and that the trade war keeps whipsawing between good and bad news and you get yesterdays action. It's better today as there are reassuring voices from all over the place (including Yellen's statement) and strong retail numbers so the market's kind of stabilized for today anyway. It's just the financial world we're in right now... Bulls, Bears, and people from Conn.
I'm torn though... as the bond market pushes interest rates down, my business picks up.
Trading Crypto a bit more now, I've honestly become used to volatility... if you can time the swings in Crypto in the right way, you can make serious money (in my experience, crypto trades on technicals and the guys I follow have yet to be wrong in a significant way).