"Shawn Cruz, manager of trader strategy at TD Ameritrade, said the main catalyst for the market recently has been worry about U.S.-China trade. "That's really the big driver and that's what you're seeing in tech. These companies have been at the forefront of those U.S.-China discussions." https://www.cnbc.com/2018/11/19/stock-market-dow-set-for-higher-open-amid-mixed-signals-over-global-trade.html
Trump economy pump and dump and screw the poor people who lose their savings
Typical clueless mindless liberal.
Its just some profit taking and more of a technical correction than anything majorly wrong fundamentally with these tech companies. Buying opportunity. fB has never been so attractive in past year and half.
Stick to tech. Banking is beyond you
I agree with it being a bubble but from an investing perspective starting a DCA cycle right about now with a set of tech stocks could be very lucrative
Tech Industry
Yesterday
3924
11 offers to laid off[UPDATE]: 5 offers
Tech Industry
Yesterday
1608
TESLA UP 14% AFTER HOURS ๐๐๐๐
India
Yesterday
278
How to save India from destruction?
Tech Industry
Yesterday
507
The new Tesla Model 3 P goes from 0-60 in 2.9 seconds
Tech Industry
Yesterday
245
You guys do any work while on notice period?
What nonsense! The reason for this drop is the same as the reason for the stock roses over last 4 years. Nothingness! It was a bubble guys. This is almost the exact same as 2000s repeating, only lesser of decline so far
This isnโt the same as before, since now tech companies are actually fundamentally solid and posting real gains with impressive yoy growth. It isnโt just purely hype thatโs moving these companies forward
^ pets.com thought the same in 99. It's not that today's companies arent decent business models. It's just that none of them deserve the multi hundred billion dollar valuation.