The Day the Wind Stopped
Look at the top name on this red list. $KITE .
What makes a kite fly high in the sky? It needs a strong, steady wind. But what happens when the wind suddenly stops blowing? Gravity takes over, and the kite crashes straight into the dirt. That is exactly what happened today. The market wind died, and KITE fell almost 17%.
Next is $BIO . Biology is all about nature and plants growing. But nothing grows when the sun goes away. The market got cold today, so BIO shrunk by over 8%.
Even $IOTX , the little tech robot, completely ran out of battery and dropped 8%.
When the market weather is bad, stop trying to force things. You cannot fly a kite when there is zero wind. Don't run outside and try to force it to fly. Just pack up your toys, keep your money safe, and wait for a sunny day to play again.