Market crash? 1 stock and 1 crypto with potentialsteemCreated with Sketch.

in market •  7 years ago 

With the bond yields rising dramatically and breaking an important support level, it has caused a lot of pressure on the stock market. If the market crash's dramatically from here, this could cause gold to go down as people sell anything liquid for margin calls. The dumb money is in the market so i wouldn't be surprised to see the top is in but of course maybe it'll be a big correction then a slow march up instead of rocketing up like we have been. Time will tell, and I have no prediction. I hope we have a big crash/correction so I can pick up certain stocks in the resource sector at a huge discount while still having the same intrinsic value.

One Crypto I believe jim rickards is selling a newsletter for is stellar. This is based of stockgumshoe.com, which may be wrong but also wealthresearchgroup is recommending this crypto as well. With cryptos in free fall, this one could continue to drop but if we stabilize, this could be a good play. I own known and don't recommend it as I have little knowledge in this sector, but just bringing it to peoples attention to watch an research.

One stock I would love to buy if a market crash happens is general electric company. This stock has been under pressure, and frank curzio is recommending it for good reasons. I believe we could see lower prices but thats ideally what Ill be looking for before i start buying. It all depends on where the market goes, and how long it takes to get there. General electric is looking to raise some big capital by selling a few assets and this will be what makes the stock turn around if we are in an uptrend in the general market at the time. I am not sure what price ill be buying at yet but ill make a post when I do buy.

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I believe alot of the bad news is priced in, and once asset sales come into play, this stock will reverse trend but this may take 6 to 12 months. I believe this current price of 14 to 15 has some support and it could bounce back as high as 20 from here. After that, it may continue to fall or trade in a range. A big factor is what the overall market will do

So you think GE is a good call in a crash?!
What about KMI?