Posted on 04/29/2022 1:17:32 PM PDT by Tell It Right
U.S. stocks sunk Friday with the Nasdaq Composite notching its worst month since 2008, as Amazon became the latest victim in April’s technology-led sell-off.
The tech-heavy Nasdaq Composite fell 4.2% to 12,334.64, weighed down by Amazon’s post-earnings plunge. The S&P 500 retreated by 3.6% to 4,131.93. The Dow Jones Industrial Average shed about 940 points, or 2.8%, to 32,977.21.
(Excerpt) Read more at cnbc.com ...
Amazon fell 14%, while Tesla only fell 0.7%. What does this mean????
We’ve got everyone attacking Musk, including the Washington Post, NYT, Biden, FR’s famous brainwashed Soros trolls, while nobody is attacking Amazon. Yet, Musk stuff has a small stumble, while Bezos bullstuff lost his shirt today.
OMG!!! We need a wrong-way Cramer in-depth analysis from CNBC.
What good news was there in April? Biden was still breathing?
That fact didn’t help any...
I’m open to opinions. So thx. Agreed if it’s falling and no.backstop I’m not buying. I will say that I am more wrong than right. I thought the run up during covid was BS. I still don’t see why it ran up 30% after a pandemic. But I am stupid.
Wonder where they will put their money. Cash is trash now, too.
Liquor & drugs? Hard times a coming.
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