After last week’s sell-off, Wall Street was hit with another Black Monday. 📉 On Monday, all three major U.S. indexes tumbled: The Nasdaq plunged 4%, marking its worst single-day drop since September 2022. The S&P 500 fell 2.7%, hitting its lowest level since last September. The Dow Jones dropped nearly 2.1%, erasing all gains since the U.S. election in November.
The "Magnificent 7" suffered heavy losses: $Tesla (TSLA)$ plummeted 15.43%, wiping out $130 billion in market value—the worst single-day loss since September 2020. $NVIDIA(NVDA)$ plunged 5.07%, $Apple(AAPL)$ plunged 4.85%, $Alphabet(GOOG)$ plunged 4.49%, $Meta Platforms, Inc.(META)$ plunged4.42%, $Microsoft(MSFT)$ dropped 3.34%, $Amazon.com(AMZN)$ dropped 2.36%
What Caused the Market Crash?
Many analysts believe Trump’s comments fueled investor panic. In an interview, he refused to rule out a U.S. recession and hinted that tariffs could continue to rise, adding to market uncertainty. Meanwhile, Goldman Sachs and JPMorgan cut their 2025 forecasts, warning of increased volatility ahead.
Were you bag-holding Tesla? Did you YOLO into Nvidia calls before it tanked? Or did you “buy the dip” too early and get absolutely wrecked? let‘s share your holdings!
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⏰ Event Duration
March 11 - March 17, 2025 $Tiger Brokers(TIGR)$
Comments
🌟🌟🌟Donald Trump's Tariffs are putting a huge dampener on the stock markets. In volatile times it is important to have a long term view and continue to dollar cost average into great stocks selling below their intrinsic value.
One such stock is $TeraWulf Inc.(WULF)$ Even though its share price is up 2% on Wednesday trading , Terawulf has lost 39% year to-date. Terawulf is a Crypto miner with a difference and represents a new paradigm in Crypto mining as it uses 90% clean energy to mine Bitcoin. Terawulf has also expanded into AI driven HPC hosting . This is projected is expected tto yield USD 1 billion in revenue over 10 years.
Terawulf reported significant financial growth for 2024 with revenue up an impressive 102% to USD 140.1 million and non GAAP EBITDA increasing by 89% year over year .
I am bullish on Terawulf in the long term and take this opportunity to dollar cost average into this excellent Bitcoin miner.
Investing is a marathon, not a sprint.
@Tiger_comments @TigerStars @TigerClub @CaptainTiger
Sold put just before BTC nosedive, when COIN was at MA200 of $238. Yesterday, COIN was at its recent low of $172. Almost wanted to close position. Today recovered a bit. Going to hold and 🙏 hard. 😅😆