Black Monday

**Balance** · 05-03-2021, 09:18 AM

Tech stocks are suffering fresh losses on Thursday, as spiking bond yields continue to spur investors to move out of cloud, e-commerce, and semiconductor stocks and into other more economically sensitive—and cheaper—issues.

**peat** · 05-03-2021, 01:27 PM

times like these you re-learn its not so much about stock picks as overall market flows.

**Swala** · 05-03-2021, 02:06 PM

Originally Posted by peat

times like these you re-learn its not so much about stock picks as overall market flows.

I think you hit the nail smack on the head there.

**bull....** · 05-03-2021, 03:04 PM

futures tanking again. nasdaq pulled everything up , will it pull everything down?

**Rawz** · 05-03-2021, 03:46 PM

USA sneezes and the rest of the world gets a cold eh

**bull....** · 08-03-2021, 02:53 PM

gotta love the the big bounce on US markets friday right off some critical support and from oversold levels. lets see if it turns out to be a dead cat bounce.

testy times indeed. look at NZ cant even keep it up , after opening up 1% today it now in the red .... NZ really is out of favour at the moment. wonder why? no concrete plans on NZ future post covid? or is it all about the bonds or a combo of both

**Baa_Baa** · 08-03-2021, 03:21 PM

Originally Posted by bull....

gotta love the the big bounce on US markets friday right off some critical support and from oversold levels. lets see if it turns out to be a dead cat bounce.

$US 1,900,000,000,000 stimulus.

**Tomtom** · 08-03-2021, 06:02 PM

Originally Posted by bull....

look at NZ cant even keep it up , after opening up 1% today it now in the red .... NZ really is out of favour at the moment. wonder why? no concrete plans on NZ future post covid? or is it all about the bonds or a combo of both

RBNZ have just offered us a little more of the "special sugar" by increasing the rate of bond purchases.