Why Wall Street Is Praying You Panic Sell Right Now

It was one of those days when everything falls apart and no one can figure out why.

It wasn’t just crypto that got beat up. Tech stocks also went down a lot.

The Fear of the AI Bubble

Michael Burry said that he is selling short in both Palantir and Nvidia. He’s the one from “The Big Short” who has been wrong about every forecast since 2008.

But Wall Street still paid attention.

• Nvidia went down 4%
• Broadcom went down by 3%
• Palantir dropped by 8%
• AMD went down 4%
• MicroStrategy, Coinbase, and Robinhood are some of the crypto stocks that are down 7%.

There is no real bad news about any of these businesses. They’ve gone up too much and too quickly, which is what people are afraid of.

The Shutdown of the Government No One Talks About

Another issue is taking money out of the system.