Wong Bik: Bubble Bursts—Should You Clear Your Positions?

Wong Bik notes that over the past week the S&P 500 fell 0.47 per cent, the Nasdaq fell 0.71 per cent and the Dow rose 0.41 per cent, with little apparent change in the broader market. He mentions that many "post-Covid stock gurus" on social media are complaining about a black October in the stock market, as if a crash were upon us.