u/kinetic_honda

U.S. stocks moved lower on Thursday as investors faced more pressure from rising Treasury yields and elevated oil prices.

The Dow Jones Industrial Average fell 181 points, or 0.4%. The S&P 500 dipped 0.4%, and the Nasdaq Composite was down 0.5%.

The benchmark 10-year Treasury note yield rose more than 1 basis point to 5.288%. The 2-year Treasury yield gained more than 3 basis points to 4.798%. Those moves came after Federal Reserve Governor Christopher Waller said more hikes may be needed to curb inflation.

Oil prices spiked also after President Donald Trump said he doesn't want to make a deal with Iran to end the war, while the U.S. is reportedly preparing for "massive bombing" in the Middle East. Brent crude jumped 4% to around $104 per barrel. West Texas Intermediate futures, meanwhile, advanced 4% to around $92.

Looks like it may be working for certain securities. Couldn't attempt to buy a fractional SPCX share, but could with NFLX.

Considering the track record this platform has with picking good companies, specifically when it comes to companies that the platform has decided are less than ideal. Considering how much of a boner this platform had for the demise of Google to then flip and now sing hymns about the very same company. Considering this very same platform constantly spoke about how Jensen Huang was a great example of genius, tenacity and the American dream and now people talk about him like he's a snake oil salesman.

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Have we really come to a point in time where we truly believe the general public is suddenly that much more perceptive? Specifically in the world of finance, where the general public usually tends to lose or at least get market returns via index funds? And now, this very general public is talking about divesting away from index funds - the very thing that actually helped people invest for decades?

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This is irrational and dangerous.

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