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fleventynine | 3 months ago

It's still above where it was a few weeks ago. I don't see why this is news.

discuss

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JKCalhoun|3 months ago

It's the momentum, inertia, that is worrisome.

toomuchtodo|3 months ago

Bubble running out of steam.

hexbin010|3 months ago

Many people trade more than once every few weeks

bobsmooth|3 months ago

They shouldn't. Day trading is a plague.

jfengel|3 months ago

It's just a correction. Unless it isn't, in which case it might be a massive bubble bursting, followed by recession or even depression.

Everyone wants to know, so it's always news. Even though it usually isn't.

ajross|3 months ago

Exactly, the headline sort of paradoxically reflects the desire for news, and not news itself.

But still, the actual stock market behavior right now is PROBABLY (!!) more reflective of random motion than it is of a fundamental shift in investor behavior.

Unless it isn't.

matltc|3 months ago

I don't think NASDAQ is technically in correction territory yet; I believe that would mean it's down 10% from its high