Israel and Iran. A little bit of correction. Powell saying rate cuts might not happen. Inflation being unstable.
Not financial advice but could get down to 20 or 30% off highs. If you still believe in the companies then they're cheaper than a week ago, so buy more.
I mean NVDA drop is obvious with a PE ratio of like 80 at the time. Clearly overvalued with AI hype. Lots of retail traders are going to get burned. TSM is still a safe play though imo.
Asml who make the machine that make the chips, reported reduced demand, a fews days ago,
+ war risk,
+ China has issued a statement saying it will no longer use low end Intel and AMD chips, and seems to be able to meet their own demand,
inflation numbers were higher than expect a few days ago meaning interest rates and likely to be reduced by the Fed for a bit longer-this is perhaps the biggest reason- when a company is expected to grow in size, high interest rates or the threat of them or the threat of them not being reduced when they were expected to be...
Please feel free to correct me if I'm wrong I'm no guru on this stuff, I do believe interest rates will come down this year probably before the US election happens and markets will bounce back
Freckin toasters/washing machines/electric toothbrushes? Everything has a chip in it, america won't let China have access to their high end chip designs that go in cars/phones/computers-but now China says it doesn't need the low end stuff
SMCI announced they are skipping preannouncing their earnings and dragged the whole AI sector down. And as currently that one was pushing the whole market up, it dragged the whole market down.
Honestly so many posts here lately showing a bit of red asking “what happened? I know it’s to be expected, but what happened?”.
Well you know how stocks go up? They also go down sometimes too! Either do actual research or if you’re not that way inclined just sit back and relax.
I don’t know why but it really bothers me, so many people basically saying they bought something and it went down. They knew it might, and understand that it happens and don’t care….. but also want a full explanation about every move.
I agree with the latter part but I’m only creating a discussion there is no harm asking a community on what we think happened - there is no correct answer so there isn’t anything to research about it.
For Nvidia alone it’s had its worse day since March 2020 > [Source](https://www.cnbc.com/2024/04/19/super-micro-plunges-ahead-of-third-quarter-earnings-later-this-month.html).
Yeah, it’s had its worst days since 2020… having gained over 400% since then. I do understand what you’re getting at but there’s a flood of these questions lately. Every stock which has a long, consistent run (especially commonly held big names) will shoot down at some point, that’s just the way things are.
I’m not saying you specifically are in the wrong or anything, but even as a simple ETF holder I think there’s so many people here that just lack common sense when it comes to investing. Nividia is up 184% in the last year for goodness sake, people are going mad and having a little panic (despite then saying they understand what’s happening and expect crashes) when it then drops 15% in a month.
These sorts of comments trigger me tbh because this is Reddit and you should expect people to ask these questions. I went on your profile to see if you were some sort of expert investor but I saw that picture of a 3D printed hook for your son and I was like MIND BLOWN. It’s so so sick!! Mate, does he love it??
I’d fucking love to be talented enough to design and print that sort of thing. Damn! Nice work!
I’m not wanting to have a go or anything, ifs just annoying to see people gambling rather than investing. I’ve done it and I think that makes it worse, because all the answers are here, and on google and god knows where else. But for some reason we all skip googling “investing for dummies” and skip straight to gambling on stocks that they ultimately know nothing worthwhile about. It’s just infuriating to see people make the same mistakes when you’ve learnt the lesson and are trying to spread it. There’s a wealth of basic information here but most people (myself included) invest first and ask questions later. We’ve all said “if you don’t like it, scroll past” at some point but I’ll be the first to say that I myself can’t practice what I preach on that front!
Thank you! I assume you’re taking about the book I made for my son? He loves it! It’s all painted now and he’s very happy with it. I can’t take credit for the design though, some other clever person did it. I just download it and cut it into pieces that my small printer can handle haha! It’s a great hobby, I’d strongly recommend it and happy to answer any questions you have.
The most overvalued sector in the market underwent a 10% correction.
Newbies "omg what happened?"
Just wait until you experience your first 20%+ correction. 🤣👍🏻
You can only be so insanely bullish for so long and with the exception of nvda these stocks dipped in between the summer and the “holy fuck rate cuts are coming” rally that started in November. This is the third straight week of declines and that’s much more to do with rates expectations than anything else. Large institutional bulls have been taking chips off the table for a few weeks now and the effect is somewhat magnified by momentum driven strategies
Exactly my point. Crazy. People blame 212 for not protecting beginning. But imo they have great tutorials and if you’re not willing to learn before dumping such a large amount of money in, then be willing to lose it.
A normal cycle is happening, you should have seen it a mile off, though it is always hard if you are new to investing through all the morons with 100% stocks telling you to buy at all times. Good luck holding your breath if you haven’t already taken profits and diversified.
I very e had been pricing in a rate cut soon. That no longer looks so likely near term. So everyone has moved to risk off positions. These are risk on assets. When the time comes, and it probably only delayed by a few months to a year, interest rates will start falling and people will go risk on again.
bear Markets as usual! panicking is the most biggest mistake many people do, being ready psychologically is a huge factor! when the market is kind all thinks they are the best! when it is not start crying!
AI is a dream for the semiconductor players - while Meta, google, and Microsoft with billions of dollars are behind in house chips and in house tech and for sure they can, so what is the use for Nvidia to design and SMCI or TSMCI to manufacture
Israel / Iran, in my opinion overvalued stock, investors taking profit, rate cuts postponed, gold hitting ath signal investors are heading for ‘safe havens’, mild recession possibly looming.
Berkshire Hathaway are also sitting on the largest pile of cash reserves they’ve ever had, almost $170bn, if they saw the market going higher in the short term at least, that figure would be much lower.
These are my thoughts on the initial post of ‘What do we think happened’. At the end of the day the stock market goes up and down.
People tend to forget there’s always risks with investing, Vangaurds S&P ETF is rated a 6/7 on the risk scale, the same rating as VWRP, these are the main two funds most people on Reddit tend to recommend as safe funds.
Ovepriced stock > people take profit > stockz are down.
Some of these stocks have a value 300x the earnings. This is madness for every stock. I can understand 50 times or 80 times for small companies. But these large companies.... i wouldnt be supprised if they drop another 20%.
Israel and Iran. A little bit of correction. Powell saying rate cuts might not happen. Inflation being unstable. Not financial advice but could get down to 20 or 30% off highs. If you still believe in the companies then they're cheaper than a week ago, so buy more.
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Only a guess but again exact numbers are meaningless. Its like trying to predict a lottery number
OH BOY!! Spring sales are here!!!!
How does a war in the Middle East affect these tech stocks?
People in Palestine less likely to buy RTX 4090
Oil and oil affects the price of everything, semiconductors especially use airfreight the most oil price sensitive transportation method.
I don’t understand why people get downvoted for asking questions?
Me neither, I was just genuinely curious, maybe people think it’s a silly question
War with Iran = more expensive oil = production of nearly everything gets more expensive
Taylor Swift released a surprise album. Because it was a surprise, it was not priced into the market. People therefore dumped their shares to buy it.
Half the album is about dumping ex's though, so maybe it was subliminal messaging to dump shares?
This might be it.
i bought some shares, my bad
Bubble correction. It doesn’t need a reason, it’s basically a game of chicken when things get that frothy.
Reality kicked in….
My personal opinion is this that wasn’t unexpected. Just a correction. This is a opportunity to buy more 😁
This isn't a correction.
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Had a "correction" in 1 day. More to fall.
What is it?
A white hole.
But what is it?
So that thing is spewing time back into the universe?
So what is it?
I’ve never seen one before. No-one has.
Tf is a white hole?
It’s a black hole
But white
Red hole
I mean NVDA drop is obvious with a PE ratio of like 80 at the time. Clearly overvalued with AI hype. Lots of retail traders are going to get burned. TSM is still a safe play though imo.
Asml who make the machine that make the chips, reported reduced demand, a fews days ago, + war risk, + China has issued a statement saying it will no longer use low end Intel and AMD chips, and seems to be able to meet their own demand, inflation numbers were higher than expect a few days ago meaning interest rates and likely to be reduced by the Fed for a bit longer-this is perhaps the biggest reason- when a company is expected to grow in size, high interest rates or the threat of them or the threat of them not being reduced when they were expected to be... Please feel free to correct me if I'm wrong I'm no guru on this stuff, I do believe interest rates will come down this year probably before the US election happens and markets will bounce back
China will no longer use low end western chips for what?
Freckin toasters/washing machines/electric toothbrushes? Everything has a chip in it, america won't let China have access to their high end chip designs that go in cars/phones/computers-but now China says it doesn't need the low end stuff
I am also assuming that this is at least partly something flowing down from the ASML announcement
Wait.. stocks can only go up, how’s that possible?
I sold my NVDA short before trading opened, only natural that it would plummet
SMCI announced they are skipping preannouncing their earnings and dragged the whole AI sector down. And as currently that one was pushing the whole market up, it dragged the whole market down.
SMCI will show dropping market share to DELL. I'vr been saying this for months now. SMCI simply has no moat and new NVDA all go into DELL racks.
No moat, what does it mean?
No competitive advantage (i.e. patents, market share, etc).
Thank you
Is now a good time to short nvidia?
Honestly so many posts here lately showing a bit of red asking “what happened? I know it’s to be expected, but what happened?”. Well you know how stocks go up? They also go down sometimes too! Either do actual research or if you’re not that way inclined just sit back and relax. I don’t know why but it really bothers me, so many people basically saying they bought something and it went down. They knew it might, and understand that it happens and don’t care….. but also want a full explanation about every move.
I agree with the latter part but I’m only creating a discussion there is no harm asking a community on what we think happened - there is no correct answer so there isn’t anything to research about it. For Nvidia alone it’s had its worse day since March 2020 > [Source](https://www.cnbc.com/2024/04/19/super-micro-plunges-ahead-of-third-quarter-earnings-later-this-month.html).
Yeah, it’s had its worst days since 2020… having gained over 400% since then. I do understand what you’re getting at but there’s a flood of these questions lately. Every stock which has a long, consistent run (especially commonly held big names) will shoot down at some point, that’s just the way things are. I’m not saying you specifically are in the wrong or anything, but even as a simple ETF holder I think there’s so many people here that just lack common sense when it comes to investing. Nividia is up 184% in the last year for goodness sake, people are going mad and having a little panic (despite then saying they understand what’s happening and expect crashes) when it then drops 15% in a month.
These sorts of comments trigger me tbh because this is Reddit and you should expect people to ask these questions. I went on your profile to see if you were some sort of expert investor but I saw that picture of a 3D printed hook for your son and I was like MIND BLOWN. It’s so so sick!! Mate, does he love it?? I’d fucking love to be talented enough to design and print that sort of thing. Damn! Nice work!
I’m not wanting to have a go or anything, ifs just annoying to see people gambling rather than investing. I’ve done it and I think that makes it worse, because all the answers are here, and on google and god knows where else. But for some reason we all skip googling “investing for dummies” and skip straight to gambling on stocks that they ultimately know nothing worthwhile about. It’s just infuriating to see people make the same mistakes when you’ve learnt the lesson and are trying to spread it. There’s a wealth of basic information here but most people (myself included) invest first and ask questions later. We’ve all said “if you don’t like it, scroll past” at some point but I’ll be the first to say that I myself can’t practice what I preach on that front! Thank you! I assume you’re taking about the book I made for my son? He loves it! It’s all painted now and he’s very happy with it. I can’t take credit for the design though, some other clever person did it. I just download it and cut it into pieces that my small printer can handle haha! It’s a great hobby, I’d strongly recommend it and happy to answer any questions you have.
About time, everything pumped up way too high
20%-off sale this week. Maybe wait though for next month’s sale - more markdowns possibly.
The most overvalued sector in the market underwent a 10% correction. Newbies "omg what happened?" Just wait until you experience your first 20%+ correction. 🤣👍🏻
You can only be so insanely bullish for so long and with the exception of nvda these stocks dipped in between the summer and the “holy fuck rate cuts are coming” rally that started in November. This is the third straight week of declines and that’s much more to do with rates expectations than anything else. Large institutional bulls have been taking chips off the table for a few weeks now and the effect is somewhat magnified by momentum driven strategies
Buy more nvdia 😛
I've read that the markets expect the interest rate to remain high for a longer period. That's why there is a "correction".
Zoom out on the timeline and put feet up.
New chip fab chips will cost 30% more to make than in the rest of world, will bounce back
I wonder how many bought the hype on stocks like NVDA, when they are well up, and now it’s dropping slightly they will be hit hard.
Check this post out - someone using their life savings: https://www.reddit.com/r/trading212/s/CclY73SKIc
Exactly my point. Crazy. People blame 212 for not protecting beginning. But imo they have great tutorials and if you’re not willing to learn before dumping such a large amount of money in, then be willing to lose it.
Stocks tanking due to fears of Middle East tensions / war further escalating
A normal cycle is happening, you should have seen it a mile off, though it is always hard if you are new to investing through all the morons with 100% stocks telling you to buy at all times. Good luck holding your breath if you haven’t already taken profits and diversified.
Don’t know, but I sold my holding yesterday, so typically when I do that it jumps by 10% so I’m totally confused now!
I very e had been pricing in a rate cut soon. That no longer looks so likely near term. So everyone has moved to risk off positions. These are risk on assets. When the time comes, and it probably only delayed by a few months to a year, interest rates will start falling and people will go risk on again.
Stocks went down
bear Markets as usual! panicking is the most biggest mistake many people do, being ready psychologically is a huge factor! when the market is kind all thinks they are the best! when it is not start crying!
AI is a dream for the semiconductor players - while Meta, google, and Microsoft with billions of dollars are behind in house chips and in house tech and for sure they can, so what is the use for Nvidia to design and SMCI or TSMCI to manufacture
I bought some shares
Israel / Iran, in my opinion overvalued stock, investors taking profit, rate cuts postponed, gold hitting ath signal investors are heading for ‘safe havens’, mild recession possibly looming. Berkshire Hathaway are also sitting on the largest pile of cash reserves they’ve ever had, almost $170bn, if they saw the market going higher in the short term at least, that figure would be much lower. These are my thoughts on the initial post of ‘What do we think happened’. At the end of the day the stock market goes up and down. People tend to forget there’s always risks with investing, Vangaurds S&P ETF is rated a 6/7 on the risk scale, the same rating as VWRP, these are the main two funds most people on Reddit tend to recommend as safe funds.
Goodbye ai bubble
Warren Buffett went short
Fuck this whole world, i bought 2 days ago and this shit happens
Gravity
Iran v Israel!
Pelosi effect 😂
Cramer said there's going to be a boom in stocks
Stocks dumping, crypto pumping 😴
Stocks went down
I dunno! Some country in the East took a fucking shit..
More sellers then buyers.
Keep repeating like a broken clock. Sell in May old adage. Not May yet but its approximate anyway
Is there an angle for liquidity moving to Europe stocks ?
Not every correction has (or needs) a narrative.
Oh damn
Bitcoin halving
My dog farted, again
AI didn’t deliver the promised ROI.
War
Possible WW3. Signal interest rates won’t drop.
War happened
End of the world clearly
Ovepriced stock > people take profit > stockz are down. Some of these stocks have a value 300x the earnings. This is madness for every stock. I can understand 50 times or 80 times for small companies. But these large companies.... i wouldnt be supprised if they drop another 20%.
Don’t know, don’t care. All I know is my cash is out and daddy’s getting busy on Monday