SPY dropped a bit yesterday, and it's up a bit today, it's hardly plummeting. What's dropping is the dollar, it's already worth 5 cents less against GBP in the last week.
this post was submitted on 05 Mar 2025
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Starving oligarchs commence salivating
Maybe I've gone off the deep end of cynicism at this point but the fact that the shitrag The Daily Mail is reporting it this way just makes me think manufacturing a stock drop is the whole plan.
Manufacturing a dip means that billionaires can buy a shit load of stock and then sell it off/use as loan collateral when the price returns
We have a winner!
Dump then pump.
This was yesterday...
"tanks"
You are sorting by 1 year which is extremely disingenuous. Sort by 1 month and see the difference.
Okay:
Are you new to the stock market? A ~5% drop is nothing.
You must be independently wealthy and not care when you lose money. A 2% drop for an Index fund is massive. Let alone a 3.6% drop. This is indicative of the entire market. Not 1 company.
Do you think the market is supposed to only go up?
That is exactly how people think the market works. Only go up never down. And then they wonder why companies constantly Drive their products into the dirt trying to make as much money as possible
tanks.
GTFO, Russian troll. Vlad needs to find better people.
A ~5% drop isn't the stunning drop that you think it is. Pointing this out doesn't make me a Russian troll. I'm speaking as someone who is extremely pessimistic and who wants the stock market to drop a lot more.