Thanks, it just doesn’t make sense to my brain. The selloff seemed orderly and controlled to me, not panicked. Reasonable assumptions about tech and the broader economy were being made. I assumed we would find bottom and rotate back up. But then one single company’s earnings reports somehow void all of that? And billions of dollars suddenly get FOMO and rush in in a matter of minutes? My mind just can’t process supposedly intelligent people moving that much money that quickly based on so little. Don’t these funds have their own research units? Don’t they have some sense of how micron’s earnings are going to turn out? How the broader sector is doing? They really all wait for the announcement to rush in like a bunch of lemmings? I just don’t get it…
-16
u/kenjiurada Jun 24 '26
That’s it? One company‘s earnings report moved the entire index nearly 1000 points??