30 minutes after the bell and DJIA is down ~500 points.
EOs are showing their effect?
Dead-cat bounce?
I’ve been expecting a pull back for a few weeks now so this pull back doesn’t surprise me.
Only thing that is interesting is the short squeezes on some of the stuff. Reason being that the stocks are not making money when you look at the details, so the prices shouldn’t be rising to begin with....reeks of manipulation. Supposedly the SEC is looking into some of it.
There’s some decision coming by the Fed Reserve that’s giving the street the jitters.
-SB