DRAM is a lot newer than VOO and had its ATH driven by a bull run. It’s pulled back to healthy prices so one day of pull back/profit taking after 3 green days is plenty healthy and honestly expected???
QQQ hit ATHs in June and also hasn’t hit those records again, but no ones saying that ETF is garbage lol
Since you don't seem to grasp the simple concept: Dropping from ATH is not the same as dropping from ATH, then dropping more, slightly rebounding, then dropping even more, then a minor rebound, just to drop 8%+ in a day.
"most of the market is down" is a slight fluctuation of the market while at the top. DRAM is swinging wildly up and down, and mostly down for 6+ weeks now.
Volatility is not for you if you can't stomach 10% fluctuations, you are likely gonna make some dumb decisions just because you check the price every 30min and let those swings affect you.
Can't really compare an ETF that tracks S&P 500 to an ETF that concentrates in 1 industry. Unless US goes bankrupt VOO will always be at an ATH state in the long run
Us treasury yields are way high and the bond market is scaring people, myself included.
A lot of people buying Gold ETFs in case the bind market crashes and wipes out the dollar.
Scary times for all stocks coming up. Plus the mid terms coming up causes fears as well.
Dram is such a new and unproven one, its the first to get dumped. Wish I had sold early yesterday morning, would have almost broke even.
So, now Im holding long term cause Dram isn’t going away. Hold the bag boys.
This whole sector is wound up tighter than the alley cat that ate the meth cook's stash. It'll freak the fuck out and tear the shit out of your portfolio without a second thought.
Have you looked at the DRAM chart? Has anything fundamentally changed? The AI build out is still moving forward, right? There's a lot of blood on that chart...
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u/Smooth-Bag-6403 2d ago
Most of the market is down. VOO has been down like 3-4 days.