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Susan Calvin

(1,943 posts)

42. Thanks. That was interesting to look at.

Reply to Celerity (Reply #16)

Mon Aug 5, 2024, 01:41 PM

Aug 5

Skimming that list, I really don't see anything that looks like a "crash."

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What's happening with the stock market is apparently a correction, not a crash, of overvalued stocks, mostly tech/AI. [View all] highplainsdem Aug 5 OP

I always thought the S&P reflected the US economy. Emile Aug 5 #1

It is simply the 500 most valuable companies tinrobot Aug 5 #3

I always thought tech stocks were NASDAQ. Emile Aug 5 #7

S&P 500 ETF Components Celerity Aug 5 #16

'Thanks,' all my S+P's down. elleng Aug 5 #34

Hmmm lonely bird Aug 5 #39

Thanks. That was interesting to look at. Susan Calvin Aug 5 #42

NASDAQ is the exchange where a lot of them are traded tinrobot Aug 5 #36

Some posters will find this news disappointing, since hysteria and predictions of doom Ocelot II Aug 5 #2

This would be a good day PennRalphie Aug 5 #4

Was having a conversation about the market with a buddy three days ago Sympthsical Aug 5 #5

The market goes up, the market goes down. It comradebillyboy Aug 5 #6

Me too! Are we financial geniuses, or not? marybourg Aug 5 #10

Take the correction now so the markets notemason Aug 5 #8

..and their dreams of Crypto deregulation are fading... Chakaconcarne Aug 5 #9

Some sectors are doing reasonably well. Hugin Aug 5 #11

The powers that be want a rate cut Johonny Aug 5 #12

A lot of this is program trading RussBLib Aug 5 #13

I came in this morning and all of a sudden, people freaking, hire VP NOW!!! LizBeth Aug 5 #14

Thinking about the markets with no coffee onboard. Prairie_Seagull Aug 5 #18

lol.... LizBeth Aug 5 #19

Look @ what Nikkei's been doing recently. elleng Aug 5 #33

Thank you. obnoxiousdrunk Aug 5 #15

BINGO !! NASDAQ down 12% DOW down 5% over last 5 days,... text book correction uponit7771 Aug 5 #17

Correctomundo! SeanHG Aug 5 #24

Looks like most of NASDAQ is profit taking from APPL and NVIDIA, if this was 11% down for top 20% I'd be more concerned uponit7771 Aug 5 #27

I spent about 25 years in the investment business. It's not inflation, it's uncertainty about the election. ashredux Aug 5 #20

My opinion is that the rich people will get richer and the unrich willl explain the details. twodogsbarking Aug 5 #21

Thank you Maeve Aug 5 #22

Ho-hum ramapo Aug 5 #23

The Biggest Moron Of Them All Is Tr**p And This Is Playing Right Into His Hands....... global1 Aug 5 #25

It's the combination of a lot of things Warpy Aug 5 #26

The 10% correction is NASDAQ, DOW Jones is down only 1% IronLionZion Aug 5 #28

dow down 2.+ elleng Aug 5 #32

Tell this to the crazy click-bait wolf-crying media headline writers mdbl Aug 5 #29

Largest daily point drops in DOW history: LetMyPeopleVote Aug 5 #30

Third largest drop was 38.3 points. Points are meaningless Bernardo de La Paz Aug 5 #46

'Just' a 'correction' away from the phony/artificial/crypto crap? elleng Aug 5 #31

exactly - it's like -800 now - nothing but a blip samsingh Aug 5 #35

And a chart of stock market trends Bettie Aug 5 #37

I've been through many "crashes"... orwell Aug 5 #38

It's been expected for awhile. jmbar2 Aug 5 #40

I have been saying this for awhile BumRushDaShow Aug 5 #41

Market has been way over-valued moniss Aug 5 #43

After almost every tax giveaway Farmer-Rick Aug 5 #44

The market is disappointed that President Biden is leaving Mr. Sparkle Aug 5 #45