Ding! Ding! Ding! As the opening bell rings, it is as if we are watching a boxing match between the bull and the bear. On one side we have the optimistic bulls while on the other side we have the pessimistic bears. At the end of the day, the victor shall determine if the market is red or green.
Last week, as the stock market continued to drop from its high, we could see the clear victor of the boxing match. The bears. Over the last trading week, we could see the bloodbath of the match. A sea of reds as stock prices continue to drop.
While the general market has been dropping, you may notice that growth stocks (eg. Apple, Tesla Inc, Shopify) have decreased much more than value stocks (eg. Procter & Gamble, Johnson & Johnson, and Berkshire Hathaway) last week....