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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