Until just a few days ago, one of the hottest sectors out there was anything with a rocket engine on it. AST Spacemobile (ASTS) is a good example, and it has lost one-third of its entire value (!!!!!) in just days.

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Until just a few days ago, one of the hottest sectors out there was anything with a rocket engine on it. AST Spacemobile (ASTS) is a good example, and it has lost one-third of its entire value (!!!!!) in just days.

It’s encouraging to see some of these laughably overvalued stocks finally taking it a bit on the chin:

For all the latecomers who rushed into precious metals just because it’s what Everyone Was Talking About, they’re probably a bit shocked to see all the red. Gold has sheared off hundreds of dollars in just the past few trading days. Would that equities take a hint and do the same thing!
