This market makes zero sense
For S&P500, during the revival period following 03.23, there were 4 major corrections: (03.31 / 04.02) 7.64%, (04.17-21) - 5.84%, (04.30 - 05.04) - 6.56% and (05.11-14) 6.4%. Yesterdays fall was the 5th correction (06. 09-11) - %7.17 completed. Index to see 3300s next week.
Yeah? That’s because they’re shorting the market.
ok ok
So today the market is recognizing that the additional testing numbers, general populations' exit from state ordered home confinement, and other omissions of facts is now being recognized? Oh goody.
so the Robin Hood sell off is over? 🤔
Great, only 3 more sessions to go to get back to where we left off :)
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Stocks suffer their worst day since March, with the Dow plunging more than 1,800 pointsIt was a brutal day for the market. Stocks tanked Thursday in the market's worst day since the March sell-off as coronavirus cases increased in some states that are reopening. - The Dow fell 1,861 points. - The S&P 500 slid 5.89%. - The Nasdaq lost 5.2%. Don't tell tweety asshole Sarah Eisen needs to bring more optimism or the market falls apart The fall came as a no surprise to me and many others. The 'recovery' rally was a well organized Wall Street Madoff Ponzi scam. It fooled no one outside the US.
Source: CNBC - 🏆 12. / 72 Read more »
Dow, S&P 500 records biggest drop since March as Wall Street buckles under selling pressureU.S. stocks closed sharply lower on Thursday, capping a relentless selloff amid worries around a re-acceleration of COVID-19 cases along with continued uncertainty around the speed of the U.S. recovery. joncoopertweets Trump is no Republican. In fact Trump is degrading the values of the party and running our country into the ground. This is bigger than party, Republicans and Democrats alike should vote for Biden to restore our country to decency and American values.
Source: MarketWatch - 🏆 3. / 97 Read more »
Stock Market Rout: Here’s What Caused The Worst Sell-Off Since MarchHere’s what caused the worst sell-off since March: by skleb1234
Source: Forbes - 🏆 394. / 53 Read more »
Stock Market Rout: Here’s What Caused The Worst Sell-Off Since MarchThe Dow plunged 6.9%, over 1,800 points. Lot more room to drop. Turns out preventing 100,000s of thousands from dying would have been the best option, economically and morally. There isnt a second wave the first one never stopped lmao. It stopped growing exponents and leveled off and people like yep good enough.
Source: Forbes - 🏆 394. / 53 Read more »