If sh*t hits the fan- will the speculative money rush to the exits?
The world's largest companies are moving like pennystocks
I've been thinking (and saying) it for a while, but Friday's movements where NVIDIA dropped 10% intraday got me thinking again.
I'll be candid- with markets moving like they have done, as crazy as it sounds- I could imagine the overall market moving like that as well.
The nasdaq or sp500 could possibly do exactly the same!!!
If they did- panic would set in, people would rush to the exit doors, and the tumble could increase.
It's definitely a case of being cautious out there at the moment.
My own thoughts- if stocks are moving like they are, then there is far too much speculative money in the markets.
That same money won't hang around, if sh*T hits the fan.
Be careful out there.