Tech Stocks Keep Tanking?

[comagnum]

Classic bear market conditions - ahh, just like the god old days. Can't wait until the herd starts chanting "the market never goes up, short the rallies".

 

[xandman]

 

[RedSun]

Still not a lot of fears. People still buying on dips....

The most scary time was the 2008 Financial Crises. All markets dropping every day. And crude oil at > $100.

 

[Concinnity]

Still not a lot of fears. People still buying on dips....

The most scary time was the 2008 Financial Crises. All markets dropping every day. And crude oil at > $100.

Hmm I mean so far we got a decent short cover rally off of weekly NQ support, that's about it though. Until NQ trading back above 15605.00 it's still in some trouble here.

 

[RedSun]

I just feel the tech correction is not there yet. Still a lot more room to fall.

 

[SunTrader]

AMZN at this morning's low was down -17.15% from 7/13/21 ATH. On volume already greater than Friday's volume - with hours to go still.

Hmmm

 

[RedSun]

TSLA is up $1k again. Still buy dip mentality. We may make another record soon....

Still a lot of froth.

 

[SunTrader]

TSLA is up $23+ dollars. Where it closed only matters until it reopens - then the prior day's close is "history" and where price is today from today's open is what really matters.

 

[RedSun]

JP Morgan says

Buy the dip!

 

[gunner_trader]

JP Morgan says

Buy the dip!

I wonder why they would say that?