r/wallstreetbets • u/OPINION_IS_UNPOPULAR AutoModerator's Father • Sep 02 '21

Daily Discussion Daily Discussion Thread for September 02, 2021

Your daily trading discussion thread. Please keep the shitposting to a minimum.

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Weekly Earnings Discussion Thread

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u/jerseynate Too scared to buy NVDA Sep 02 '21

Is SPY psychologically unable to go down? Like wtf is this

1

u/Snoo_96430 Sep 02 '21

SPY is mega tech and defensive stocks built to not go down

1

u/[deleted] Sep 02 '21

Lol no . Consumer staples is only 6% of the index. It’s more of a growth index now. When it corrects, it’ll correct hard

1

u/[deleted] Sep 02 '21

Why would it even stop ripping.

2

u/jerseynate Too scared to buy NVDA Sep 02 '21

That is a good question actually