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surprise? this upward on most of technology stock are related to AI hypes. Now the AI hype died down, those stocks are related go down. I ain't believing we are in a bull market, these scenarios of the current bull market kinda similar to the 1920s before great depression and the 2006 fake bull market before the financial crisis(high employment). with a mix of the 1970s to early 1980s (inflation got lower and crept back up) and dot com crash (revolution products like internet, now it's AI)
History doesn't repeat itself but it rhyme and human psychology will never change. But if you know the theory of the market, you can ride on that "big whale" backs.