Stock futures dip after a steep sell-off on Wall Street, Apple and Tesla fall after earnings

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The market is poised to extend a sharp sell-off amid concerns about heightened speculative trading.

for the latest quarter. The company also said it expects annual average delivery growth of 50% going forward.

"Short squeezes causing implosions in some hedge funds are joining SPACs, IPOs, and bitcoin as data points supporting a market bubble thesis," Scott Knapp, chief market strategist at CUNA Mutual Group, said in a email. "This is a time for caution for investors."

 

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I believe investors are pessimistic coz of the pandemic, they will just wait for markets to rise to a certain level and then sell-off.That's why these stock market rally are usually followed by huge sell-offs

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