The stock market shakeout is likely not over yet, even with Friday's comeback

. News reports said the trades were made over the past month, and SoftBank had been building unusually large positions in call options, or those that bet the prices of underlying stocks would rise.

"It's just a trip to the casino," said Peter Boockvar, chief investment officer at Bleakley Advisory Group. "If they're supposed to be an investment company taking a long-term horizon, then trying to juice your short-term return through options, you've turned into a hedge fund." "The significant reduction in previously extreme long positions in Nasdaq by momentum traders should allow the equity market to recover over the coming weeks, as happened after the June 11th correction," noted JPMorgan analysts. "But a repeat of the strong gains seen during July and August is less likely over the next two months."

"We're a little more cautious, not to mention the market is trading at 23 times our earnings estimates for 2021," said Grohowski. He said the fact there is about $4.5 trillion in money market funds is a bullish signm since that money could find its way into the stock market.

Always highlighting the negative and ignoring the record breaking week. Fearmongers!!!!!!

The shakeout might or might not be over yet - this sentence is utterly pointless

Stop scaring people

When will we retest the lows? You guys have been calling for this nonsense routinely since April

PresidentTrumpHatesOurTroops

New_Narrative buckle up.

Covid is a hoax

Dear Lord, this happens all the time and is it me or does it always seem to happen over long holiday weekends, too....

Then it's over. CNBC is literally a bellwether for the stock market, as we have seen this week.

fake news

bashycrypto

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

5 things to know before the stock market opens FridayThe Dow on Friday looked like it is going to turn higher after Thursday's 807-point rout. But S&P and Nasdaq futures were under continued pressure. 'Lost' Great buying op here Here is another interesting fact we all need to know
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

Here's what happened to the stock market on FridayStocks gyrated wildly throughout Friday's session as tech shares tried to recover from a massive sell-off in the previous session. I think too many people have been investing with money they don't spend on leisure and travel. The economy is pretty bad. Mask up. Test. Vote for Biden/Harris. Care for all. = SaveNavidAfkari
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »

Google announces companywide holiday for Friday, September 4 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I don't know who need this, i wanna use this free moment to teach whoever wants to learn Cryptocurrency trading or if you already have an idea but don't make profits in ur trades, inbox me to learn more.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »