3 ms·
It's still above where it was a few weeks ago. I don't see why this is news.
by fleventynine 11mo ago
It's still above where it was a few weeks ago. I don't see why this is news.
- hexbin010 11mo agoMany people trade more than once every few weeks
- bobsmooth 11mo agoThey shouldn't. Day trading is a plague.
- lumost 11mo agoEverybody is doing some form of rebalancing now. Major institutions have lower trading fees and do this more frequently.
- techdmn 11mo agoI'm curious about a system where capital gains are 100% for the first... I don't know, let's say a month. Then you ramp down over the course of the next year until it matches the regular income tax rate. I'm less concerned about the specific time periods than I am about the idea that it would be beneficial to society to have our financial systems encourage long-term thinking.
- iso1631 11mo agoIn my tax jurisdiction, Capital Gains is a way lower percentage than Income Tax.
- gosub100 11mo agoPublicly traded companies are a plague. Have you seen the damage they inflict on the poor?
- SoftTalker 11mo agoThe damage done to the poor are the roadblocks that prevent them from investing in them. Having to have a minimum income to open an IRA, etc.
- deleted 11mo ago[deleted]
- JKCalhoun 11mo agoIt's the momentum, inertia, that is worrisome.
- toomuchtodo 11mo agoBubble running out of steam.
- deleted 11mo ago[deleted]
- jfengel 11mo agoIt's just a correction. Unless it isn't, in which case it might be a massive bubble bursting, followed by recession or even depression. Everyone wants to know, so it's always news. Even though it usually isn't.
- ajross 11mo agoExactly, the headline sort of paradoxically reflects the desire for news, and not news itself. But still, the actual stock market behavior right now is PROBABLY (!!) more reflective of random motion than it is of a fundamental shift in investor behavior. Unless it isn't.
- matltc 11mo agoI don't think NASDAQ is technically in correction territory yet; I believe that would mean it's down 10% from its high