Looked around and didn’t see any major bearish news in the market... yet the market just dropped like this. Early this morning, I wanted to remind everyone not to get too excited, worried there might be a sudden dump later in the night. Thought about it and ended up not posting. Semiconductors are leading the decline again. Spcx and Tsla’s earnings reports were in line with expectations, even surged quite a bit. Right now, it’s just a case of good news being fully priced in, followed by capital fleeing. Most people bet on expectations, and now the funds are pulling out. The selling pressure in the market comes from oil prices staying high, plus the U.S. midterm elections coming up soon, making this period of trading ridiculously hard to navigate. What we can do now is figure out how to profit in this kind of market—or simply avoid participating in this frustrating phase. The market’s volatility is fueled by liquidity from both longs and shorts. But if you ask me, a drop isn’t necessarily a bad thing. At least you can pick up some bloodied chips at a lower price.