1/30/26 Stock Market tumbles after Fed Pick is announced

Of all people Warsh is a surprise, I sure didn’t see that coming.

Tech stocks are in the stratosphere no doubt and it’s always hard to pick a top in that industry except in 2000 when valuations were  just ridiculous.
If you look at some of the big players since they lead the market you have to wonder if that bubble bursting may have already started.

Oracle, for example may not have bursted but a mini crash might be accurate. In a short period of time a waterfall decline from $345 to currently $164 and change will get your attention. Some claim they don’t like the idea that Larry Ellison is venturing into the motion picture business trying to buy movie studios instead of focusing on just technology so shareholders are bailing. Others say valuation and they are not a leader in AI. Either way we’ve seen a lot of selling.

Microsoft has cratered this past week. The share price of your PLTR has been in distribution going from a high of $207.52 to $146.59. That’s not a meltdown or anything, and at least the selling hasn’t been on heavy volume but it’s a concern when  you are a shareholder.

Is this the start of something bigger or is it just tech being tech. One thing that has  happened is some of the rotation out of big tech has found its way to value stocks. Moerus Worldwide Value fund is up close to 13% YTD and has zero exposure to tech.

Looks like we have a busy year ahead watching our tech stocks good luck to both of us.

We need to see Carvana crash after the latest fraud report.  It’s taken about 10-15% and I bought back a bunch of the  shares I could no longer afford to be short on

But I’m still at 10,000

shares short   And I really need it to crash  like $300  $200   $0

every hundred it drops I make a million   0 I get to keep $4 million  but if it goes back up beyond where it’s at I lose