Tech IndustryApr 29, 2022
AmazonKUYW05
nasdaq had the worst month since the 2008
nasdaq had the worst month since the 2008 housing crisis π Amazon down 14% in a single day Nasdaq lost more than 4% of it's 150 billion dollar marketcap today Thoughts?
Dow only down 10%. Itβs one of the major indices that the Fed looks at as they try to crash the market. We still have a ways to go.
New
slapped Apr 29, 2022First to go are these high evaluation startups with no profits. Looking at you Rivian
Tech stocks were overvalued due to covid. This was expected
Just waiting for interest to rise and inflation to be in check,
Thanks to Amazon for taking down NASDAQ with it.
Amazon is going to be another Sears in about 10 years π