Classic “Buy the Rumours, Sell the News”
Expectation: Market rallied previously because investors thought inflation has cooled and Fed was less hawkish.
Reality: But Fed remains hawkish and inflation remains hot
And there you go - stock market went down like a waterfall. Have mentioned / cautioned a lot of times that we are not out of the woods yet. Hope bulls weren’t trapped too badly. Follow the macro environment, and look for tell tale signs.
And there you go - stock market went down like a waterfall. Have mentioned / cautioned a lot of times that we are not out of the woods yet. Hope bulls weren’t trapped too badly. Follow the macro environment, and look for tell tale signs.
From YouTube
$S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $NASDAQ 100 Index (.NDX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $iShares Russell 2000 ETF (IWM.US)$ $Dow Jones Industrial Average (.DJI.US)$ $Tesla (TSLA.US)$ $Apple (AAPL.US)$ $CBOE Volatility S&P 500 Index (.VIX.US)$ $Twitter (Delisted) (TWTR.US)$
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Markio1315 : yes was expecting pump and dump but yesterday became dump and dump...
Cow Moo-ney OP Markio1315 :
LuckyPiggie Markio1315 : it shld be dump and dumper ...
biggest fall so far