Panic buying almost seems like an oxymoron.
Sense of humor at Marketwatch.
Right they just sold off yesterday to 606 points.
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Stock market on the verge of panic-like buying as Dow surges nearly 700 pointsIt's short covering. Only fools will be buying. We will see next week
Source: MarketWatch - 🏆 3. / 97 Read more »
Panic-like buying in the stock market takes hold as Dow surges nearly 700 pointslol.... low volumes does not equal FOMO..... 🤣🤣🤣 Until we start talking about Shutdown slowdown from delayed tax refunds, then BREXIT... the future has many dark clouds that algo traders can’t see. Yes, as in panic to close out their shorts to put new ones in on Monday
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Stocks surge after robust jobs report and dovish Powell remarks
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Panic-like buying in the stock market takes hold as Dow surges about 750 points
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U.S. Stocks Surge on Powell Remarks, Jobs ReportU.S. stocks rose sharply, bouncing back from their worst two-day start to a year since 2000. The Dow industrials rose 3.3% in recent trading, the S&P 500 rose 3.3% and the Nasdaq Composite gained 4.2%. Stop using Wall Street as a barometer. It's a narrow slice of a very large economy. That means it will drop 600 on Monday.
Source: WSJ - 🏆 98. / 63 Read more »
Dow outlook: Why I'm optimistic about the stock market for 2019I was too optimistic in 2018. That makes me even more optimistic for 2019. When most folks expect bad times, stocks usually shine the following year. money Economics has a way of balancing the books, with the Fed planned interest rate hikes, investors will look too bonds and dollar strength, the opposite is the American consumer will feel it in their pockets with higher inflation, and don't rule out tax hikes, the deficit is wide.
Source: USATODAY - 🏆 100. / 63 Read more »