Daily Crude Oil Futures Chart
What can I say, the pictures tell it all.
If you hold investments in retirement accounts, check the level of debt in the companies you own. If they are not highly leveraged close your eyes and hang on.
Don't be scared into selling, look at the fundamentals of the companies you own. You were supposed to do that before you bought them, better late than never I guess.
Hedge funds are selling stock because of margin calls, mutual funds are selling stock because of unit holder redemption's.
Stupid money is selling.
Smart money is buying.
Warren Buffett is buying.
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