Mike Santoli's market notes: What to make of Thursday's tech stock rout

It turns out stocks don't only go up. In fact when they go up a lot in a hurry, it becomes harder for them to keep going up.

The tactical context: A mad rush of call-option buying created a self-reinforcing upward spiral in shares of the cult tech stocks, enough to force market makers to drive up both the stocks and volatility gauges. Erratic vibrations, now resulting in a quick unwind. Traders have pointed out Wednesday has been the strongest day of the week lately – the day weekly options expire. And Thursdays the weakest .at 30 and Nasdaq VIX at 40 reflect a bit of equity stress and forced hedging.

Pro

Pro

Pro Are you NEW to FOREX? Minimize your losses with my expert strategy with an investment capital of $300, i can guarantee $3,500 as profits after 5days of investment without sending money to anyone . Inbox me if interested.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stocks Fall Slightly Despite Better Than Expected Jobless ClaimsTech stocks led the market lower. you mean Initial Claims, don't you, rich mans' magazine?
Herkunft: Forbes - 🏆 394. / 53 Weiterlesen »

Speculative frenzy in options market could be a warning sign for stocksNew for subscribers: Speculative frenzy in options market could be a warning sign for stocks Check out CNBCPro today. Pro TraitorTrump Pro Lol, but Tesla being worth nearly the same as the rest of the entire auto industry isn’t? Pro Go sit down, you hacks write the same three stories over and over. Stocks go up stocks go down end of story
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

5 things to know before the stock market opens ThursdayU.S. stock futures were modestly lower Thursday after the Dow surged 1.6% to its first close above 29,000 since Feb. 20. Wall Street isn’t Main Street. Both need to be nurtured !
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »