Post by
garyreins on Aug 05, 2024 10:27am
Bond yields
Aren't dropping enough to correlate to the carnage on wall street. Perhaps Friday's 20bp dive was most
Comment by
CptnBlueberries on Aug 05, 2024 11:19am
starting to look like it ends green, things like NVDA up 10% from their bottom today
Comment by
Torontojay on Aug 05, 2024 11:28am
That's the risk of a concentrated S&P basket. When it's thundering for Nvidia it's lights out for the index and vice versa. Nvidia peaked on June 20th at $140.76 and we are hovering at $101 right now. That is a drawdown of ~ 28.2% from its peak.
Comment by
CptnBlueberries on Aug 05, 2024 11:28am
bond yields now green, VNQ from -2.5% to now -0.9%, AMD from -10% at the open to now +3%, it's very volatile but as of right now, it's starting to look like this might end up being one of the most crazy V recovery days i've ever seen