why are tech stocks down today reddit

Posted by 8 minutes ago. Today the SP 500 PE ratio is at 21 with the 10 year yield bond at 18.

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Is this a sign to pour money into the stocks.

. Today investors may notice that the stock markets are diverging significantly. Now that certain indications suggest the economy is getting back on track investors look for better places to park their money. Need to know tech stocks are under pressure.

Having trouble understanding why many tech stocks are down today. Why are tech stocks down today reddit. Shares have fallen more than 50 off their highs.

Given these points here are some of the most popular tech stocks down MTD. So why are tech stocks down today. All major indices are down significantly with the Dow SP 500 and Nasdaq each trading more than.

My guess is they shot up to ATH because people were on tech all the time due to. Having trouble understanding why many tech stocks are down today. In the height of the technology bubble the SP 500 PE ratio was 29 with the 10 year yield bonds yielding close to 6-7.

Peloton executives and insiders sold nearly 500 million worth of their stock before its big decline according to filings with the Securities and Exchange Commission. When tech stocks start to blow away earnings estimates again there is going to be one huge rally. The growth yield on the SP 500 stocks was close to 3.

Why Are Tech Stocks Down Today Reddit. All my tech stocks are going down the drain. MSFT joins our list with the computer company.

Theres a couple of reasons worth noting. Focused investor attention on stocks that had been beaten down by. GOOGL is next on our list with the companys stock taking a 49 beating as of this writing.

Shares of reddit icon gamestop corp. Its gone from bad to outright ugly in the markets today. 2022 has been particularly unkind to the tech sector.

Data Is Beautiful Reddit Information Visualization Data Visualization Graphing I get that its frustrating. Tech stocks are seeing red today as a number of high growth companies trend down. Or should I just sell now and take the loss.

Nonetheless software became a critical factor for the economy to operate smoothly during the pandemic. Okta OKTA -212 shareholders lost ground to the market on Monday with the stock down by 83 compared to a 04 decline in the SP 500 and a 12 dip in the tech-focused Nasdaq index. The sp 500 fell 08 and the dow jones industrial average fared the best down 107 points or 03.

Read why tech stocks are down here. The nasdaqhelmed by tech heavyweights apple microsoft amazon and teslasis now down nearly 5 from a closing high last monday. Log In Sign Up.

People rotating from tech stocks largely the stay-at-home stocks into stocks that dipped during coronavirus because businesses are starting to re-open. 1 end of the month funds re-balance stocks go up to start the month and go down at the end and 2 holiday long weekends people selling off before they go spend canada day4th of july on their yacht. The Technology Select Sector Spdr Fund Is Down 118 Since Its Peak Hit On Jan.

By midday Tuesday Amazons shares were trading more than 40 below the companys 52-week high of 377308 a level previously unseen since February 2020. Ive got an investment horizon of 20 odd years tech is not going anywhere regardless as to whether or not current companies are overvalued in qqq the big 5 etc if doesnt matter as it will be re-weighted. Everything is down because of a calendar double whammy.

Youve probably heard of the faang stocks. Sector rotation into financials as the Fed signaled a rat hike for December and more deregulation. And shares of Apple despite its.

Since then PRED stock has decreased by 990 and is now trading at 00051. Meme stocks sensation shows no signs of slowing down. Tech was already near monthly resistance and the ECB said this morning that the US markets were overstretched which triggered a rush to take profits.

At todays prices the stock sports a market capitalization of around 72 billion. Can anyone explain why tech sector was down today. Shopify has gone completely down the drain.

Posted by 5 years ago. Posted by 6 minutes ago. I have amazon tesla apple google microsoft nio paypal ali baba and shopify.

In a market so full of madness a big global stock market crash is coming. Stocks fall to start the week as tech stocks drag down market nasdaq loses 25 published sun may 9 2021 605 pm edt updated mon may 10 2021 437 pm edt yun li yunli626 Tech stocks are taking a beating this monday. This caused a waterfall effect as everybody rushed to get out.

At todays prices the stock sports a. Will my tech stocks be okay in the long term. The Nasdaq fell into a bear market and more turmoil may be coming.

With tech stocks down and more defensive stocks higher it appears a full rotation between asset classes is underway. Jim paulsen chief investment strategist at the leuthold group said the following the cnbc about why. Tech stocks arent going anywhere So I want to keep this short sweet.

But at its current prices around 22 per share LAZR stock remains richly-priced. Yet its trailing 12-month revenues stand at just 154 million. Peloton stock is down more than 80 from its highs last year and it hit a 52-week low of 2911 on Tuesday.

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