Nasdaq falls 3% over the five-day period as investors worry about sky-high valuations
  • 1984@lemmy.today
    4·
    8 hours ago

    Next week will be interesting. Normally the fear is replaced by greed pretty fast but it can be delayed by more scary headlines.

    I saw on Friday how Nvidia was down to 180 (from 210 five days earlier), but the selling seemed to stop there and it went back up to 188.

  • lurch (he/him)@sh.itjust.worksEnglish
    1·
    13 hours ago

    I was watching some of those, but they’re still too expensive IMO. If they go down, you lose way too much nominal value. When you buy a $10 share, all you can lose is $10. That’s like a lottery ticket. But when you start at $150 it can really sting.