Author Topic: Tech stock went pass the crust into the molten magma  (Read 1014 times)

0 Members and 1 Guest are viewing this topic.

Offline Rick LawTopic starter

  • Super Contributor
  • ***
  • Posts: 3482
  • Country: us
Tech stock went pass the crust into the molten magma
« on: June 10, 2017, 03:44:18 am »
Well...  Not a good day for technology stocks.

Apple down 3.9% today - single day drop.
Facebook down 3.3%
etc. etc.

Nasdaq Composite (more technology stocks) dropped 113.85 points (1.8%) while Dow Jones (less heavily tech) went UP 89.44 points (0.42%)

(All numbers above quoted from Reuters' article linked below.)
http://www.reuters.com/article/us-usa-stocks-idUSKBN1901LX
 

Offline calexanian

  • Super Contributor
  • ***
  • Posts: 1881
  • Country: us
    • Alex-Tronix
Re: Tech stock went pass the crust into the molten magma
« Reply #1 on: June 10, 2017, 05:17:13 am »
I hope people are realizing tech booms are not the market salvation. You can't rely on innovation to bring profits. Tesla is an example. They have still not made net dollar one yet.
Charles Alexanian
Alex-Tronix Control Systems
 


Share me

Digg  Facebook  SlashDot  Delicious  Technorati  Twitter  Google  Yahoo
Smf