$Tesla (TSLA.US)$$Advanced Micro Devices (AMD.US)$$NVIDIA (N...
$Tesla(TSLA.US$ $Advanced Micro Devices(AMD.US$ $NVIDIA(NVDA.US$ $Apple(AAPL.US$ can someone explain what happened between yesterday opening and closing? Why the sudden blood bath?? Or nothing happened over priced stocks coming down?
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AhRic : It happened after Biden retained Powell as fed chief
kats_ : i guess the market didnt like the re-appointment of Powell - they were hoping for brainard, who was gonna be more dovish than powell. the tech sector suffered, but banks and energy where positive due to upcoming rate hikes next year. it had nothing to do with NVDA itself, since the whole nasdaq was done
lusy bubb : Blood bath after rising close to 100% in 6 months? This is not sustainable.
kat kukuuu : the nasdaq sold off into close
Digital Cat OP kats_ : I seem to know what's going on