Tech got absolutely hammered today. $NASDAQ down a full 5%, dragging $SPX down 4% and the Dow 3%.
This is what capitulation looks like — panic selling, indiscriminate dumping, everyone heading for the exits at once.
Reminder: ugly sessions like this are part of the deal. If you can't stomach a 5% down day, you probably shouldn't be in equities. Volatility cuts both ways.
The question isn't whether days like this happen. They always do. The question is whether you've sized your positions so you can survive them without doing something stupid.
This is what capitulation looks like — panic selling, indiscriminate dumping, everyone heading for the exits at once.
Reminder: ugly sessions like this are part of the deal. If you can't stomach a 5% down day, you probably shouldn't be in equities. Volatility cuts both ways.
The question isn't whether days like this happen. They always do. The question is whether you've sized your positions so you can survive them without doing something stupid.
