/biz/ - Business & Finance

>>12357687
>falling for the its priced in meme
Yeah thats just false no one has priced in these misses and thats exactly why all the stocks I mentioned above Apple, Netflix, Facebook, Nvidia not only dropped off dramitically but never recovered

>>12357688
>FA(A)N(N)G and Nvidia missed
You know its redundant to say FANG and Nvidia because Nvidia is interchangable with Netflix as Apple with Amazon for the name.

>this means the entire market is going to crash
Yes it does. Where do you think we had the most gains in the S&P500 last year from? Tech. Everything else finacials, utilities, etc was in a rolling bear market since the beggining of 2018 sell off. Tech was the only sector spared and what happened when Tech got hit in October? Oh yea we finally hit -6% on the S&P 500 far below the feburary lows of 2018.

So Yes big tech missing and selling off abosultely drags down the entire market because if you havent been paying attention all of 2018 it was the biggest contributor to growth in the market indices