well it doesnt have to drop huge
but even a 6% correction from here in the stock market will seem very substantial
as far as why, well there are many reasons, yes earnings have been superb but earnings season is over and now the market will just ask "what now?"
north korea is a potential short term war risk. who knows if anything happens with that, i certainly do not wish for it, but if even the slightest provocation occurs it can lead to a huge spike in volatility and then what happens is people decide to sell *everything* that has been a risk asset or that they have huge profits in
it goes without saying that people have HUGE HUGE profits on bitcoin to almost absurd levels
if the chit hits the fan then there might be extended selling
as far as GAHC it might buck the trend and just flat line a bit more
or if there is news it might break out north... hard to say
either way until early October I see things getting sort of dicey
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