Stocks rise in extended rally, clawing back more ground

Analysts sought to downplay the early October rally, which followed a decline of more than 9% last month. The major indexes remain in a bear market after falling 20% or more from their most recent record highs.

“Investors should be worried about false positives,” he said. “Be wary of the history of bear market rallies, they can be very seductive.” The yield on the two-year Treasury, which more closely tracks expectations for Federal Reserve action, fell to 4.10% from 4.12% late Monday.The market was mostly quiet with company news ahead of the next round of corporate earnings.

Wall Street is worried that the rate hikes, especially the increases from the Fed, could go too far in slowing growth and send economies into a recession. The Fed has already pushed its key overnight interest rate to a range of 3% to 3.25%, up from virtually zero as recently as March.

Woohoo! We are back to only one-way volatility. To the moon....

CNN: '...and how this is bad for Biden.'

Here you go so the lesson here fellow Americans is don't let the fear mongers scare you stocks always come back and they always make money high or low technology is too great and this is not 1929

Institutional investors are pumping up the prices a few days in a row and then dumping their holdings in the days afterwards. Rinse and repeat.

Oh, wonderful! Joe Biden is the best president in the history of presidents 🙄🤬🤬🤬

Once the heavy taxation of the American Energy Industry suppliers kicks in and spikes the cost of EVERYTHING, people are going to go bankrupt. Add in the Federal Reserve rising interests rates at the same time, and we'll be entering the most destructive depression ever.

It's like the stock market is an airplane and these are Pilot Induced Oscillations. Not a good thing.

Who cares? All institutional investors manipulating market trends just like Bob Mercer wanted.

Don't worry they will be back down tomorrow lol

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