The stock market just had a rare '90%-up day' that could signal a bottom

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For subscribers: The stock market just had a rare '90%-up day' that could signal a bottom. Check out CNBCPro and get your first 30 days free.

Angela Weiss | AFP | Getty Images Stocks may finally be showing signs of bottoming from their coronavirus-induced sell-off after a massive rally on Tuesday, a strategist at Bank of America pointed out, citing a widely followed indicator on Wall Street.

 

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Pro We’ve been oversold since the Dow dropped below 25,750

Pro 50% x 30000

Pro BUH BUH BUH BULL-TRAP!!!

Pro LOLOL!

Pro If the machines, which account for 60-70% of your volume, are as ok with a massive increase in virus deaths as they are with government stimulus, then you guys may be correct.

Pro Here’s the counter indicator, just in time

Pro Utter nonsense. Who writes this garbage

Pro Your country is about to witness 1 million deaths. We're not bottoming guys

Pro 90% up day?

Pro Lol yeah right

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Carnival has a 90-day plan to steady the company in midst of pandemic - Business InsiderCarnival Corporation CEO tells employees in a leaked video that there are no mass cuts coming as industry reels from coronavirus pandemic: 'We'll be in a position to survive this' even as operations stop Good for them. 💫Will be the first one in line begging to be bailed out💫
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Treat with caution: rocketing stocks aren't cause for comfortThose pining for a bottom to the gut-wrenching stock market selloff may be disap... Bu bu bu bu but line go up ...just a relief spasm......no bottom yet, the economic caranage has yet to be seen, measured, published, reforecasted...... Stock market is a mine field right now
Fonte: Reuters - 🏆 2. / 97 Leggi di più »