How much longer will this bear market go on for?

Type_45

Gary1984 said:

Tech is not the whole market. And Facebook are facing challenges specific to them. Mainly they've invested tens of billions into the Metaverse which looks to be an ever shitter idea than it originally sounded.

Why show the Meta share price anyway as opposed to say, Shell?

Shell is up +2.3% in the past 5 years... There, I've mentioned them.



Anyway, I was mentioning Meta as they are a Big Tech company.  And Big Tech was the focus of my point.  Shell is not a Big Tech company.


Microsoft is down -36.3% YTD.

Alphabet/Google is down -42.3% YTD.

Apple is down -21.8% YTD.

Amazon is down -46.4% YTD.



These aren't challenges "only Facebook is facing".  Far from it.

Prism

These companies are pulling in over $1trillion per year between them and generating vast profits. I'm not sure they see any challenge at all. 

Millyonare

There is obviously fear that Facebook has made a gigantic blunder with its cartoon metaverse, Amazon has recklessly overexpanded its online retail network, Google is at peak-search adverts, Microsoft has saturated the business world, while Apple may get caught up in the US-China proxy-war. What comes after the social megatech era is not clear. Tesla humanoid robots, perhaps.

billy2shots

 @Type_45 how are mortgage interest increases affecting you and your investment strategy?

If the answer is, 'no affect at all'

Could you expand on why. 

Type_45

billy2shots said:

 @Type_45 how are mortgage interest increases affecting you and your investment strategy?

If the answer is, 'no affect at all'

Could you expand on why. 

No affect because I'm paying about £125 more, which is annoying but affordable. Why do you ask? 

Michael121

Type_45 said:

Swipe said:

Only -36%!  'Tis but a flesh wound!

80% from ath on nasdaq is around 3k which is another 70% fall from here.

coastline

Tech stocks are crashing but it's nothing new just look how they performed during and after covid.

FgpsNtsXEAUwn5g (519×689) (twimg.com)

Things might be gloomy but the markets are forward thinking . Maybe those June and October lows in the SP 500 3800-3500 are just about it ? Decent read below.

Fgfa7d1X0AAJhM0 (706×900) (twimg.com)

Stocks Bottom First - The Irrelevant Investor

Here's one for Type . There's an 80% fall in that bottom right corner must be 1929 ? Can't see it happening really . Note 1929 crash happened after a huge rise in earlier years so basically back to level. Just like all those tech stocks and even SMTrust.

FgamZ8VXoAII_DR (900×553) (twimg.com)

crash_of_1929_2.jpg (600×600) (federalreservehistory.org)

billy2shots

Type_45 said:

billy2shots said:

 @Type_45 how are mortgage interest increases affecting you and your investment strategy?

If the answer is, 'no affect at all'

Could you expand on why. 

No affect because I'm paying about £125 more, which is annoying but affordable. Why do you ask? 

Because your posting style is almost identical to a certain infamous

Crashy_Time
Type_45

Crashy is renting (possible £125 rent increase?).

My question doesn't bring anything to this topic but I was trying to understand the angle better. 

renegade1

markets looking distressed. (i wonder if the doomster admins on here will delete this post too 🤣)

InvesterJones

Type_45 said:

Who had "the crash will be led by Big Tech collapsing" on their bingo card?

How is the 'big tech collapse' looking today? I think Google are up about 2% when I last looked.