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/biz/ - Business & Finance

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29672169 No.29672169 [Reply] [Original]

>Nasdaq -1.6%
>SPY -1%
>DOW -0.7%
>Bitcoin +2%

Is it finally happening?

>> No.29672370

this 'coupling' was never a thing
overlay the two graphs and you will see it

>> No.29672459

No we just dropped down first and never recovered so the market is catching up to is.

If the market drops another 2% from here we will lose 20% again.

>> No.29672532

The stock market is a joke. Can u explain to me how is it possible for stocks to keep going up in the middle of a pandemic while everything is shut down and their earnings are down the drain all while anticipating a financial apocalypse. Stocks are wayyyy overvalued and everyone knows it. They just can’t keep going up

>> No.29672544

>>29672169

we are way down over the last 4 days man.

we are just recovering a bit.

but historically BTC has outperformed the NASDAQ by an order of magnitude (x10), so there never was a coupling really