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DreamMighty
wrote a post · Nov 16, 2022 15:37
In the 2040's and beyond, November 2021 will be remembered as the pop of the Second Tech Bubble.
Some tech stocks are down 60-80%+, it is affecting the micro and nano cap tech stocks with no revenue all the way up to the highly profitable tech stocks like Meta. In business and economic classes in university and high schools in the 2040's and beyond there will be case studies about the November 2021 tech Bubble pop which was brought on by the end of the pandemic and was the result of millions of first-time retail investors being brought to the market by no fee trading apps like Robinhood in 2020. But investors buying those tech stocks that eventually survive the bubble and thrive will be millionaires when the next bull market comes around.
$S&P 500 Index (.SPX.US)$
$SPDR S&P 500 ETF (SPY.US)$
$Robinhood (HOOD.US)$
$Nasdaq Composite Index (.IXIC.US)$
$Invesco QQQ Trust (QQQ.US)$
$ProShares UltraPro Short QQQ ETF (SQQQ.US)$
$Meta Platforms (META.US)$
$Amazon (AMZN.US)$
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Deezy_McCheezy
:
The everything bubble
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Deezy_McCheezy : The everything bubble