Nasdaq plummets 4% into correction territory

Re:Nasdaq plummets 4% into correction territory by georgeecollins on Thursday November 05, 2026 @01:40PM (#50382745)

Thinking a 5% drop in one day is a big deal is recency bias. Other people have pointed out that statistically it is not that rare. We just have been living through an amazing run for equities.

I am not saying I know it will be fine or I know it will be terrible. I am saying I have lived through many 5%+ drops and they happen on the way up and down.

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Re:Nasdaq plummets 4% into correction territory by chollida1 on Thursday November 05, 2026 @02:07PM (#50383049)

> Thinking a 5% drop in one day is a big deal is recency bias

In the past 5 years the S&P 500 has dropped 5% 1 time. the Nasdaq has done it 3 times.

You are ofcourse welcome to your own definition of a big deal but to me something that happens that rarely is a big deal.

At worst you'd have to agree that hte language is defensible:)

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Re:Nasdaq plummets 4% into correction territory by dcrazy on Thursday November 05, 2026 @04:05PM (#50384449)

I think the argument is that we have been in a massive everything bubble since summer of 2020, so you have to look back farther to truly understand the rarity of a 4% drop.

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Re:Nasdaq plummets 4% into correction territory by excorxism on Thursday November 05, 2026 @06:39PM (#50386166)

The index isn't even the story.

Chips/Memory/data center everything AI has got absolutely destroyed this month.

Look at LITE, FLEX, FIX, TER, WDC, the Kospi.

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Re:Nasdaq plummets 4% into correction territory by georgeecollins on Saturday November 07, 2026 @11:40PM (#50410463)

If your time horizon is 5 years, that’s not really investing.

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