What the hell is happening with the stock market?
Why is it down 3 weeks in a row? Rate cuts aren't happening any time soon, that's old news. What's the new news that's triggering Wall Street to love losing money so much?
It’s a little something called the possibility of war + + +
Btc halving
If people were selling stocks to buy BTC, BTC would be mooning already, and it's not.
Not a chance. It’s the likelihood of rates dropping probably not happening this year. If anything Bitcoin will dump tonight.
Maybe zoom out?! Amazon is still up 15% in 4 months. It’s almost as if stocks don’t go up consistently every day forever and ever.
Multiple reasons. 3 rate cuts are definitely not happening this year. Inflation is still super hot while confidence in the consumer slides, meaning demand will likely slow in the near future. 2+ major wars raging on with possibility of further escalation. There are other minor local market forces at play - like rising bitcoin prices, slight lowering demand for American products etc.
I wish wall street traders would compensate for the inflation data by inflating stocks ...
They have been…
Overbought and correction incoming
SMCI screwed up NVDA
How?
Please search Google for “SMCI NVDA”
Tax season. Everyone is selling to cover tax bills
Best time to buy stock is when market is irrational. Market is always irrational.
Two weeks ago was time to sell. Now it’s time to buy. Keep buying. If you don’t need cash near future what’s the point of worrying now? We were just ATH couple of weeks ago nothing major changed. We know at some point Fed will reverse rates, markets will come back roaring, don’t miss your boat. Keep buying the market.
I didnt sell two weeks ago, whoops, but I am still buying since I am long usa
Exactly! It’s shitty to see the Networth drop like bricks but in reality, I’m getting an opportunity to DCA. I bought two weeks ago at $255, bought more VTI this afternoon for $245.
My friend said that your “friend” should ask his HR rep working with him on the offer. My friend also says that hopefully this helps your “friend”