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NASDAQ hasn't been this low since 2 weeks ago!
by nba456_ 11mo ago
NASDAQ hasn't been this low since 2 weeks ago!
- JKCalhoun 11mo agoWhen was the last $1T tech sell-off? That's what people are grousing about.
- epolanski 11mo agoWho cares? Volatility is uninteresting.
- cess11 11mo agoEh, I like keeping an eye on S&P 500 VIX to get a sense of the current mood among oligarchs and their institutions. I wouldn't use it for investment decisions, however.
- NaomiLehman 11mo agoVolatility is where big money is made, ie. retails scalped
- fullshark 11mo agoThis narrative that retail is constantly panicking and selling every time the market drops is it based in anything? I'm under the impression the massive volume of buying/selling every day is institutional, and institutional investors/hedge funds are the ones constantly adjusting based on how data moves.
- epolanski 11mo agoSecond this. All we know is that over time retail investors tend to underperform the markets, but that's true of sophisticated institutional investors too. Plus: in 2022 when we had a bear year retail was the one buying the dips according to the news.
- Jabbles 11mo agoWell according to the FT article that this article is based on: a) it's $800B b) this is the largest such selloff since April https://archive.ph/bzr5G https://archive.ph/bzr5G
- chmod775 11mo agoNever. This wasn't such a sell-off either. What actually happened is that market cap declined by that amount, where market cap of course is just latest share price multiplied by shares outstanding. Nobody should be surprised or care that this number fluctuates, which is why certain people try really hard to make it seem more interesting than it really is. Otherwise they'd be out of a job. There is really nothing dumber than finance news.
- expedition32 11mo agoThe casino is rigged anyway. While people are standing outside food banks under god emperor Trump the billionaires are making more money than ever. We will never see another 1929 crash in which rich people had to sell off their cars.
- mensetmanusman 11mo agohttps://link.springer.com/article/10.1007/s11266-018-0039-2 https://link.springer.com/article/10.1007/s11266-018-0039-2 Do you have this data out to 2025?
- ben_w 11mo agoWhy is food bank use in Vancouver, Canada relevant to a complaint about Trump? Sure, Trump wants to add Canada to his kingdom, but unless something wild happened while I was out shopping, still a different country.
- spwa4 11mo agoAlso known as mark-to-market. Especially with the cyclical deals with stock at fictional (ie. never sold at that price) valuations, that are now all the rage. Reminds me of Enron, really.
- pllbnk 11mo agoWith the pace of inflation we have been witnessing over the past years $1T has become unimpressive. Let's talk percentages. And if somebody wants to talk about absolute numbers, they should talk not only about negatives, but positives too, as in how much the stock market has gained before losing that $1T.
- Ologn 11mo agoYes...NVDA closed at $188.15 yesterday, a price it was never at until October. It did hit $212.19 last week, but retreated. After spring 2023, Nvidia stock seems to follow a pattern. It has a run-up prior to earnings, it beats the forecast, with the future forecast replaced with an even more amazing forecast, and then the stock goes down for a bit. It also has runs - it went up in the first half of 2024, as well as from April to now. Who knows how much longer it can go on, but I remember 1999 and things were crazier then. In some ways things were crazier three years ago with FAANG salaries etc. There is a lot of capital spending, the question is are these LLMs with some tweaking worth the capital spending, and it's too early to tell that fully. Of course a big theoretical breakthrough like the utility of deep learning, or transformers or the like would help, but those only come along every few years (if at all).
- nextworddev 11mo agoDon’t think faang salaries came down meaningfully
- conorcleary 11mo agobuying power has, and usd
- nextworddev 11mo agoNah, stocks up more than inflation
- conorcleary 11mo agoblow-off top
- conorcleary 11mo agowith cat ears