Nasdaq 600 points tumble in just over an hour. All the Nvidia result bull positions getting hammered.

    https://i.redd.it/okiv2v680g2g1.jpeg

    Posted by Lumiaman88

    41 Comments

    1. Numerous_idiot on

      I said it yesterday. Big guys use your bet against you. Everyone expects higher then we go lower. And the other way around.

    2. Affectionate-Sale523 on

      There is no bubble and stonks only go up and buy the dip and all that regarded jazzy goodness

    3. The market sells the news… Barely visible on the weekly chart, though. The action shows that a bad report could have triggered a true catastrophe, expectations are set too high.

    4. The realities of this administration are going to finally be seen and felt by the market should have started six months ago. But they puffed it up as long as they could to hide how bad the decisions are.

    5. SilentResolve1911 on

      Bought 70k worth of sqqq and rode it down. Made the 6k back in had loss holding qqq and voo for the last couple weeks.

    6. I think it not the market but the job numbers.. it’s positive but kills the rate cut hope..
      it’s short blip I think..

    7. The huge uptick in realistic / negative talk around the AI bubble and valuations has been incredible – everyone suddenly feels comfortable calling the circular deals bullshit. This is how it always goes, first a whisper, then sentiment shifts within days and it’s all over. Nobody yet knows if this is that moment, but it’s coming and looks exactly like this.

    8. You all need to just do the George Costanza strat then. Do the opposite of what you always do. Only then do you win.

    9. DukeFerdinandII on

      it’s a market-wide dump you retards. NVDA isn’t even the hardest hit. But crypto is getting slaughtered again.

    10. I am crying…. Dumped all at 186…. Bought in morning at 195 … so taxed heavy and loosing now….

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