Source: Cartoons by Harley Schwadron
The stock market rebounded today with it’s biggest one-day point gain, EVER! All major US indexes and most Europe are up 11% across the board.
Dow’s 936-Point Surge Ends Losing Streak
volatility
Stock Market Rebound
Rx For A Bipolar Market
The more the uncertainty in the stock market, the higher the volatility. Personally, I believe this recent extreme volatility is derived from hedge fund activity.
Hedge funds control large amounts of money and don’t have the limiting rules of mutual funds. They can move quickly in and out of investments of their choice. But, hedge funds [...]
Stock Market Retrace
Source: Cartoons by Harley Schwadron
The Dow dropped 733.08 points, or 7.9%, to 8577.91 as recession fears and continuing doubts about the world financial system’s prospects shook investors. Wednesday’s decline marked the Dow’s largest percentage drop since October 1987 and the second-biggest point drop EVER!
Economic Fears Reignite Market Slump