r/stocks • u/Chrissylumpy21 • 2d ago

Crystal Ball Post Is Black Monday Incoming?

So much fear in the markets and this time really feels different. All the Mag7 stocks are so hit by the tariffs our iPhones will probably cost $5,000 soon and as the world slows, people will use Amazon less, advertise less on FB/IG. No one is buying Tesla anymore. Who needs anymore AI chips, yet AI is decreasing Google searches.

I fear the world is realizing it all this weekend. Or is it just me that sky appears to be falling?

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u/kopeezie 2d ago

Agreed.  

1) Need either capitulation to set in.   2) reason for positive earnings outlook.  3) reversal.  

I see two more episodes, given the previous week and end of feb one, before a true bottom.  

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u/CaptanTypoe 2d ago

Hard to call a bottom when we have no idea what is coming next. Very different bottom scenarios if Trump caves this weekend vs. keeps this in place for 2yrs.

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u/Joeyfingis 2d ago

Trump is the kind of moron who doesn't know how to cave. Plus he answers to Putin and this is all great for Russia.

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u/Testynut 2d ago

Lol ok