<span style="font-weight: bold;">Black Tuesday for US Stock Retail Investors:</span> Under the double pressure of financial reports and short selling, meme stocks and the cryptocurrency market both experienced a sharp decline.
原文标题:《美股散户的「黑色星期二」:财报与空头夹击之下,妖股与币圈齐跌》
原文作者:鲍奕龙,华尔街见闻
对于热衷追逐热门股票的散户投资者而言,隔夜美股成为了自四月份以来最糟糕的交易日。
周二在 Palantir 的财报、知名空头的看跌押注以及加密货币市场的动荡合力冲击下,此前备受散户青睐的股票与资产遭遇了猛烈抛售。美股三大指数集体下跌,纳指重挫超 2%。
据高盛追踪的散户重仓股指数显示,该指数当日暴跌 3.6%,跌幅约为标普 500 指数的三倍,创下自 4 月 10 日以来的最大单日跌幅。
周二美股开盘时散户的交易热情并未立即消退。根据摩根大通公司汇编的数据,截至周二纽约时间上午 11 点,散户投资者仍在净买入价值 5.6 亿美元的个股和 ETF。
这或许是当天早盘市场一度反弹、标普 500 指数收窄跌幅的原因之一,但涨势未能持续,随后市场再度掉头向下。交易员教育平台 Stock Swoosh 的首席执行官 Melissa Armo 在描述周二美股走势时表示:
当人们开始恐慌并抛售时,就会发生这种情况。
财报不佳与「大空头」入场
具体来看,两大事件直接引爆了对散户热门股的抛售。首先是 Palantir 的财报引发了对其增长前景的担忧。
华尔街见闻提及,Palantir 财报显示三季度表现优异,但市场对于其高估值可持续性存疑,这家今年飙升超 150% 的散户「宠儿」昨日迎来大幅下挫,收跌近 8% 并且盘后仍保持颓势。
Black Tuesday for US Stock Retail Investors: Under the double pressure of financial reports and short selling, meme stocks and the cryptocurrency market both experienced a sharp decline." src="https://image.theblockbeats.info/file_v6/20251105/f9095090-551a-47cf-bbdd-12dc5a53343c.png?x-oss-process=image/quality,q_50/format,webp" alt="" data-href="" style="" >
Palantir 股价在重挫
其次,传奇投资人 Michael Burry 的监管文件成为压垮骆驼的最后一根稻草。
据一份 13F 监管文件显示,因电影《大空头》而闻名的对冲基金经理 Michael Burry,已在上一季度对 Palantir 和芯片巨头英伟达公司建立了看跌头寸。
就在几天前,Burry 刚刚向散户投资者发布了一条关于市场过度繁荣的警告,此次披露的空头头寸无疑证实了他的看空立场,并迅速加剧了市场恐慌。
币圈震荡加剧抛售
除了股票市场的直接冲击,加密货币领域的动荡也加剧了散户投资者的压力,并拖累了与加密货币相关的股票。
华尔街见闻提及,比特币价格加速下挫,自 6 月以来首次跌破 10 万美元大关,一度下探至 99932 美元附近,并跌穿 200 日移动均线,创下年内第二大单日跌幅。市值排名第二的以太坊同样暴跌超 10%,跌至 3225 美元附近。
据 coinglass 统计,过去 24 小时全网有 34.2 万人被爆仓,爆仓金额超过 13 亿美元,其中多头头寸占损失的 85%。

此次币圈的下跌距离三周前那场历史性的流动性危机并不遥远,当时的市场剧震曾导致数十亿美元的加密货币杠杆头寸被强制平仓。
展望后市,市场情绪依然紧张。Melissa Armo 表示,她正在为周三可能出现的另一轮下跌做准备。她建议道:
如果交易员能够承受一定的痛苦,可以开始准备一份潜在的股票买入清单。如果不能,那我建议卖出。
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