If sh*t hits the fan, will the speculative money run for the exits?

lc Mar 11, 2024

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.

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