Yeah, this is pretty bad...I am probably an idiot for buying now but our economy isn't broken like in 2008. We had this taper tantrum and rate hike tantrum in 2018 and yeah markets sold off 20% so maybe I should have waited.
I think taper/rate hike tantrum along with Russia/Ukraine fears are causing this drop. Quite a few stocks were overvalued too like UPST, AFRM, etc that have now had their bubble pop. One concern I have is all the traders trading on margin, quick crashes like this can cause some issues there.
GameStop.So....what's the best solid, blue chippish company that has taken a massive % cut off ATH that could see a large rebound in the coming weeks/months? Netflix a good play? Amazon? Others?
I'd go Microsoft over Amazon or NetflixSo....what's the best solid, blue chippish company that has taken a massive % cut off ATH that could see a large rebound in the coming weeks/months? Netflix a good play? Amazon? Others?
???????GameStop.
?
@Broken024 show me your loss porn ??
So....what's the best solid, blue chippish company that has taken a massive % cut off ATH that could see a large rebound in the coming weeks/months? Netflix a good play? Amazon? Others?