Test of $200 level? Wouldn't be shocking in next few weeks.
Stronger dollar will hurt the earnings of the big international stocks that are in the SP500. 1800-1900 would not shock me. Just a normal correction.
One day will not wring out the excesses. Will take a week or two, at least, and probably 10-20% (at least) in price decline.
Be careful buying here. If the market selloff continues, and turns into a 10%+ correction, the winning momentum stocks will be sold, and maybe sold heavily. Don't get complacent.
Europe is a continent of stores & shops, even more than America, and they will be protected since they employ so many. Playing field will be made level between online and brick & mortars.
Calls it a "supernova" event.
Sentiment: Strong Sell
I own physical gold & silver, and am holding through the turbulance, but have sold out of my gold stocks on the recent rally.
No it isn't. Gold crashed after the crash of 1987 for example. Gold stocks were cut in half or more.