Stock Market in Serious Jeopardy

[angrychair]

I wrote the below OP yesterday.
Today the Fear & Greed Index closed at 6, down from 11, at the highest end of the fear side of the index and down 380 points. Nvidia lost 3.5% of its value today.



Reference and text from my OP from yesterday included:
Not sure if anyone noticed but the stock market Fear & Greed Index, which is a gauge of the forces driving the stock market on CNN, lower number is fear driven, higher is greed driven , was a low 32 (fear) last week and is now sitting at 11 (extreme fear) which is the absolute lowest I've seen it in a long time.
For reference it was sitting at 49 (neutral) a year ago today.

With other major technology billionaires dumping Nvidia stock and multiple AI stocks currently being shorted by another billionaire and most of these guys just passing around the same bucket of cash to each other in B2B deals, it's muddy at best if anyone is actually showing any real profit from these ventures.
Nvidia currently has a $4 Trillion dollar market cap with P/E ratio of 52 is not inspiring confidence, among other issues at other companies, is not inspiring confidence with investors and looks a lot like the dot com bubble of 2000 but worse.

Link: https://www.democraticunderground.com/100220817553

[LakeVermilion]

1. It looks like the rout may have started...

This morning my small portfolio was up: $1,200. It closed at down: $1,350.

When the market goes, TSF has nothing, except all the grift from money laundering.

[louis-t]

2. His own shitty stock is down quite a bit.

It is still under $11 after starting the year over $40 and almost reaching $100 a few days after IPO. His company has never made money, instead losing hundreds of millions over 4 years. Not only is he a shitty person, a shitty father, a shitty husband and the worst president ever, he's not even a good businessman. He's a TERRIBLE businessman.