Opinionhaver@feddit.uktoWorld News@quokk.au•Finnish Car sales fall to '90s recession levels.English
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6 hours agoNew car sales.
Maybe people are finally coming to their senses and rather opting for new-used cars. You get the same thing for way less money.
This kind of “active” stock trading is essentially an attempt to predict the future. If you own Nvidia stock and hear about a new disruptive technology entering the market, you might predict that its stock value will drop. So, you sell now before the price falls too much, intending to buy back at a discount once you think it has stabilized.
When enough people do this, it triggers a chain reaction - investors see their holdings losing value and rush to sell before it’s “too late.” But in reality, it’s rarely too late because, more often than not, the price eventually rebounds. The only reason people lose money is that they panic and sell at a loss. There hasn’t been a single stock market crash in history that we haven’t recovered from.
That’s why writing news articles about short-term stock fluctuations is mostly pointless - these movements barely even register on the graph when viewed over the long term.