Stock Market about to crash

[frankdtank20]

It's been a brutal week and month for tech. Bad for stock markets in general. Plenty of reasons that could be happening. Could be because inflation is rising while debt defaults are simultaneously rising. Could be because investors read more than low info, smoke and mirrors reports about employment. Less people are working full-time than 6 months ago, while 1 in 4 jobs added are government jobs. All job growth for awhile has been part-time jobs, with much of it snatched up by illegals.

I suspect more investors will rush to dividend paying stocks, so the Dow and S&P may do okay as the more speculative Nasdaq stocks get pillaged.

[Destor]

The market is slowly accepting that we’ll see fewer and possibly even zero rate cuts this year, I think that has been exerting some broader downward pressure on tech

Not that long ago the market had 6-7 rate cuts priced in for the year, Fukn goofy

[OliverHeldens]

The market is slowly accepting that we’ll see fewer and possibly even zero rate cuts this year, I think that has been exerting some broader downward pressure on tech

Not that long ago the market had 6-7 rate cuts priced in for the year, Fukn goofy

It's always been a clown show in terms of rate cuts. I remember back at the beginning of 2023 people talking about rate cuts while inflation was still soaring. Everybody knew that was at least 12 months from happening.

[Destor]

It's always been a clown show in terms of rate cuts. I remember back at the beginning of 2023 people talking about rate cuts while inflation was still soaring. Everybody knew that was at least 12 months from happening.

Seriously who is working in that corner of the industry, they’re…. Well they don’t seem like the brightest bunch when you watch the CME FedWatch stuff and how it has evolved over time.

[frankdtank20]

The market is slowly accepting that we’ll see fewer and possibly even zero rate cuts this year, I think that has been exerting some broader downward pressure on tech

Not that long ago the market had 6-7 rate cuts priced in for the year, Fukn goofy

Those predictions were always goofy AF and obviously weren't going to happen. And financial firms predicting them were likely just frauding, looking for short term gains to sell off. Some of us said months ago no cuts would happen until the later part of this year or next year.

Commercial real estate is a slow motion train wreck, so the effects are accumulating. Bank failures are not over with, more incoming.

[OliverHeldens]

Those predictions were always goofy AF and obviously weren't going to happen. And financial firms predicting them were likely just frauding, looking for short term gains to sell off. Some of us said months ago no cuts would happen until the later part of this year or next year.

Commercial real estate is a slow motion train wreck, so the effects are accumulating. Bank failures are not over with, more incoming.

Yeah, CRE is about to get bad. I have a deal under contract for an apartment building right now that looks like it might fall apart because the bank will only lend about 50% of the Sale Price, so my client needs to come up with about $3M cash to make the purchase happen. This is in probably the strongest CRE property type in the US. I can't imagine what things are like in office or retail or other areas.

[frankdtank20]

Yeah, CRE is about to get bad. I have a deal under contract for an apartment building right now that looks like it might fall apart because the bank will only lend about 50% of the Sale Price, so my client needs to come up with about $3M cash to make the purchase happen. This is in probably the strongest CRE property type in the US. I can't imagine what things are like in office or retail or other areas.

Interdasting. I know that locally, after years and years of expansion no new office developments are getting built. Excluding a random medical office here or there, or state govt (I'm in the state capital) projects that were approved a very long time ago. Other than govt buildings it's all residential - tons of apartment buildings, lots of townhomes, and of course the $1.5M+ homes.

[ThePump0561]

Lol, Nvidia down 9%.

-10% on the day.

no earnings, no news? that's pretty crazy for individual big name stocks like that to just drop 10% in a day without some kind of earnings or big news

[kusok]

-10% on the day.

no earnings, no news? that's pretty crazy for individual big name stocks like that to just drop 10% in a day without some kind of earnings or big news

Normal market rotation. Tech down, healthcare up. A few weeks ago the opposite happened as everyone aped into AI tech.

[ThePump0561]

Normal market rotation. Tech down, healthcare up. A few weeks ago the opposite happened as everyone aped into AI tech.

I'm sayin, 10% drop intra-day is rare, worst down day for NVDA since March 2020, which was pandemic related. I'd expect to see a gap like that on earnings, or major news. I'd expect penny stocks to move like that. But a magnificent 7 stock? Maybe 10% spread over a couple days, but in a single day, on no specific news, it's definitely note-worthy.

Second worse daily loss of market cap for us company at 212 billion

https://www.marketwatch.com/livecove...xmIWlP52SdxUWx

[elterrible987]

It's opportunity time! Buy a little today, buy some more Monday, and more later next week. Average cost basis the bish. I told my son, if he has any money, get in the market. It's a sale. Small Cap Value has gotten kicked around. Market has been overheated.

look at prices from a year ago, it has a lot to fall, its not on sale now

[AlBHappy]

look at prices from a year ago, it has a lot to fall, its not on sale now

NVDA is at a 10% discount. That's why I said ACB the bish.

[rectifryer]

Normal market rotation. Tech down, healthcare up. A few weeks ago the opposite happened as everyone aped into AI tech.

if group s5ocks by industry i dont see this inverse correlation. Maybe its a bit more specific. Finding complementary stocks is useful...

[kusok]

People who believe in crashes, end of civilization, scenario where you will have to trade your silver and gold eagles for gallons of gas, those people are going through a phase, no different than when small children invent their own language, or when they’re around eight or nine years old they attempt to create the perpetual motion machine, I went through that phase also in 2012 listening to Ron Paul, buying gold and silver, the only question is did you grow out of that phase of being a moron? And apparently some people have not. Apparently bear porn is addictive.

[princekoko]

People who believe in crashes, end of civilization, scenario where you will have to trade your silver and gold eagles for gallons of gas, those people are going through a phase, no different than when small children invent their own language, or when they’re around eight or nine years old they attempt to create the perpetual motion machine, I went through that phase also in 2012 listening to Ron Paul, buying gold and silver, the only question is did you grow out of that phase of being a moron? And apparently some people have not. Apparently bear porn is addictive.

Ron Paul advocates for protecting your wealth long term. I agree with you about trading gold for gas, brass and lead is a bit far fetched.

It doesnt hurt to have a strategy that protects you in all cases, I like Marc fabers 1/4 gold stocks real estate and cash positions.

Bear behaviour has its place, but to bet against human productivity long term is probably not a good idea. Some bullish moves are simply not sustainable - like bitcoin nvidia imo.

[kusok]

Ron Paul advocates for protecting your wealth long term. I agree with you about trading gold for gas, brass and lead is a bit far fetched.

It doesnt hurt to have a strategy that protects you in all cases, I like Marc fabers 1/4 gold stocks real estate and cash positions.

Bear behaviour has its place, but to bet against human productivity long term is probably not a good idea. Some bullish moves are simply not sustainable - like bitcoin nvidia imo.

Gold is a terrible hedge, it’s a decent idea to keep few coins for that one percent possibility of apocalypse, but if instead of listening to Ron Paul, I bought bitcoin or any of the tech stocks or even S&P 500 I would obliterate the returns of gold and silver.

Bitcoin is a very good buy this time and this price, we know this because we have historical precedent, and we also can see who is buying, and how much onchain, when you see very rich people and entire countries buying, and a few retail scared retards selling, that’s a very good sign,

Nvidia, given their growth, is not a terrible buy at this price, but there are faster horses, especially Tesla, historic swing low, it’s going to swing back up to 300+ long term an easy 5-10x

[kusok]

Is it still crash or nah? Need to know if I should sell my portfolio, buy gold, and wait until misc gives me the clear.

[twovalvekid]

Is it still crash or nah? Need to know if I should sell my portfolio, buy gold, and wait until misc gives me the clear.

In4answers.

[Lefticle]

Just LOL if you aren't leveraging your house into the market rn

[twovalvekid]

Just LOL if you aren't leveraging your house into the market rn

Thank you based Elon.

[Destor]

Lmao if you’re not taking huge profits

[OliverHeldens]

Is it still crash or nah? Need to know if I should sell my portfolio, buy gold, and wait until misc gives me the clear.

It's definitely still happening.

[kusok]

It's definitely still happening.

I see. So… sell my portfolio now and wait for crash? Because surely we can time the market, yes? Did you short it?

[AlBHappy]

AAPL is cheap right now. Been kicked around a little
If I was dumb enough to own AMD and it's 300 P/E Get out.

[1hardgainer]

Still waiting for the crash so I can buy in.

[OliverHeldens]

Meta down 12% after hours on extremely weak guidance. This gives you a preview of what to expect in Q2.

DOOM

Edit: now down 14%!!!
Edot 2: Now down 15%!!!!!!!!

[4g64fiero]

Meta down 12% after hours on extremely weak guidance. This gives you a preview of what to expect in Q2.

DOOM

Edit: now down 14%!!!
Edot 2: Now down 15%!!!!!!!!

nope

until inflation cools, company earnings are going to keep rising. Investors are too dumb to normalize results.

[OliverHeldens]

nope

until inflation cools, company earnings are going to keep rising. Investors are too dumb to normalize results.

Inflation has already cooled for Tech. They are more sensitive to high interest rates than everyone else. Hence META offering very weak guidance for Q2.

[OliverHeldens]

Nasdaq tech futures open down 200 points. Tomorrow is going to be a bloodbath.

[OliverHeldens]

nope

until inflation cools, company earnings are going to keep rising. Investors are too dumb to normalize results.

Here's the thing.... The rate of Inflation has cooled. But Interest rates are still elevated. So this will disproportionately impact any company that needs financing. Which is most of them.

This is the period where stocks dump hard.