The FTSE

[aguerrrroooooooooooo]

Feels like a market correction is on the way

 

[Gareth Barry Conlon]

Feels like a market correction is on the way

Up or down?

 

[aguerrrroooooooooooo]

Up or down?

A lot of the market is trending downwards right now, SPY etc and a lot of the big stocks are all down

 

[DenisLawBackHeel74]

Bad day for Tesla and Nio today. Both down over 7%.

Nio premarket looks awful....

 

[RobMCFC]

NIO and CCIV sinking like stones. I don't pretend to understand the market, but it looks like a sea of red and I've no idea why. Guess we'll just have to hold on and wait for the recovery.

 

[M18CTID]

Bad day for Tesla and Nio today. Both down over 7%.

NIO currently down about 16% today too! Tesla not faring much better but stocks everywhere are getting smashed by the looks of it so it's not just confined to EV companies. Time to log off my trading platform for a couple of months I reckon!

 

[Manchester33]

NIO and CCIV sinking like stones. I don't pretend to understand the market, but it looks like a sea of red and I've no idea why. Guess we'll just have to hold on and wait for the recovery.

NIO has been performing so well over the past 12 months, I think they're due a bit of a correction. Seems like every market analyst on the planet has been recommending them. :')

 

[M18CTID]

NIO has been performing so well over the past 12 months, I think they're due a bit of a correction. Seems like every market analyst on the planet has been recommending them. :')

I ought not to be too concerned myself. Planning to keep hold of my NIO for the next 5 years or so. If it goes up 10-15x or more in that time, that should be my retirement fund sorted. Looking at today's price though, I think it's knocked my retirement date back by about 5 years in the space of 20 minutes!

 

[RobMCFC]

Only started investing in December but this is a good and sobering lesson for me - from +40% to -10% in less than a week!!!!

 

[MillsyTheMosher]

Epic day again on the FTSE for the travel firms.