The pace of the stock market’s rise as it continues a bounce off the June lows is nearing a magnitude that’s preceded “huge” moves in the past. The dilemma for investors is that those moves can be in “either direction,” analysts at Jefferies observed in a weekend note.
Read: Why the U.S. stock rally looks more like a new bull market than a bear bounce to these analysts A rise of just more than 8% over four weeks would mark a two-standard deviation for S&P 500 rallies, they observed, based on data going back to 1990, which means the market won’t need “much more juice” to hit statistically significant territory.
Possible? This is a trap, all bad news did you see $nvda ? It will probably be up and close 10% positive in this tragic market
I will decipher this for ya… “our short positions are in trouble. We have to feed some FUD or else…”