Tech stocks appear to be the first ones to tremble every day the market opens they are always iffy.
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They will continue to be iffy, because their run up in valuations over the last 12 to 18 months isn’t based on anything substantial.
Pure hype & speculation, plus the usual index fund investors buying in no matter the fundamentals.
Index fund investing is not problematic in itself, but does tend to have a blind spot in propping up businesses that would otherwise take a haircut.
Pure hype & speculation
Agree it’s like the guy at the horse races I got a winner for ya.