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The stock market sees a big recovery rally on Tuesday, with the major indexes recouping some losses after three consecutive sessions of declines.
$Nasdaq Composite Index (.IXIC.US)$ fared best out of the major indexes, closing up 2.4%.
$S&P 500 Index (.SPX.US)$ also fared well, notching a gain of 1.8%. It managed to close above the key 50-day moving average.
$Dow Jones Industrial Average (.DJI.US)$ lagged the other major indexes, but still managed to close up more than 550 points as it rose 1.6%.
Indeed it's good news for most of the investors. But why was the market keep running up and down in recent days?
Is there any important news that is responsible for the upward trend?
Or the most significant threat has been eliminated?
Would you comment and tell mooers about your thoughts?
Source:
Dow Jones Surges 560 Points; Biden Hints At Manchin Deal; Airbnb, Travel Stocks Jump
$Nasdaq Composite Index (.IXIC.US)$ fared best out of the major indexes, closing up 2.4%.
$S&P 500 Index (.SPX.US)$ also fared well, notching a gain of 1.8%. It managed to close above the key 50-day moving average.
$Dow Jones Industrial Average (.DJI.US)$ lagged the other major indexes, but still managed to close up more than 550 points as it rose 1.6%.
Indeed it's good news for most of the investors. But why was the market keep running up and down in recent days?
Is there any important news that is responsible for the upward trend?
Or the most significant threat has been eliminated?
Would you comment and tell mooers about your thoughts?
Source:
Dow Jones Surges 560 Points; Biden Hints At Manchin Deal; Airbnb, Travel Stocks Jump
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$NIO Inc (NIO.US)$ Increased.
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$Grab Holdings (GRAB.US)$ Monday up or down?
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$Palantir (PLTR.US)$ this stock is for long term
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Hello Mooers,after an exciting week of trading, it's time to have some real fun!
Normally stock prices fluctuate after the earnings release. Beat or miss? optimistic or pessimistic? Those things together can lead to big moves and, of course, create opportunities to trade!
Check this out to win reward:
Challenge: Look at the charts below and tell the name of corresponding stocks. (i.e. Tesla, Apple, AMC)
Rule: The first and the last mooer who give correct answers within the validity period of this post will win!
Reward: The two lucky winners will get the reward of 800 points each!
Event period: Please leave yourcomments before Monday Nov 22 9:00AM ET / Nov 22 10:00PM SGT.
Comment now to win!
Tips: How Earnings Affect Stock Price?
Chart 1: Keywords - Chips and more!
Chart 2: Keywords - EV rising star
Chart 3: Keywords - The world's largest company by revenue
Normally stock prices fluctuate after the earnings release. Beat or miss? optimistic or pessimistic? Those things together can lead to big moves and, of course, create opportunities to trade!
Check this out to win reward:
Challenge: Look at the charts below and tell the name of corresponding stocks. (i.e. Tesla, Apple, AMC)
Rule: The first and the last mooer who give correct answers within the validity period of this post will win!
Reward: The two lucky winners will get the reward of 800 points each!
Event period: Please leave yourcomments before Monday Nov 22 9:00AM ET / Nov 22 10:00PM SGT.
Comment now to win!
Tips: How Earnings Affect Stock Price?
Chart 1: Keywords - Chips and more!
Chart 2: Keywords - EV rising star
Chart 3: Keywords - The world's largest company by revenue
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$Palantir (PLTR.US)$ if not this week. then next week sure fly 25
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