The Trust Layer for Market Analysts

The analyst discusses the current downturn in the stock market, noting the recent drops in Palantir, Tesla, and Nvidia, as well as the S&P 500. Palantir is down 6% just yesterday, 14% over the past three weeks, and 25% since November 3rd. Tesla is down 10% over the last three weeks, going from $442 to $340 in a short amount of time. The S&P 500 has fallen from $6800 to $6500 in three weeks. Despite giving exceptional earnings, Nvidia was down 3% yesterday. The analyst states that this recent downturn is normal. He is not changing anything in his own investing strategy because of this. He is continuing to dollar cost average and ignoring the noise. According to the analyst, we're lagging in both returns as well as length for the current bull run in this 3 year market and that as long term passive investors we can continue forward. If we are to have a significant dot com bubble style crash it's not going to happen when there is extreme fear. This is at 25 which is the extreme end of the 'Fear' reading, on the fear/greed index.