Does this mean that those responsible for the pullback are now projecting calm?
or
Was there something wrong with the VIX algorithm?
or
????
The thing stockholders have to worry about at this time are margin calls. For example, one stock I follow will normally have a high volume day of about 400,000 shares traded. Today it was 4 million. This is almost certainly because a lot of people were hit with margin calls and had to sell. Tomorrow will probably have extra large volume as well. It takes about four really bad days to get all of the people out that were using margin heavily. Then volumes will go down to normal, and shares will have new owners with less leverage.
I just hope this is not a long correction. I don’t want to think about it.
ping
People will read all of the lies as to why the markets turned down sharply. It’s all lies. Here is a probable real reason: The Democrats pulled every string possible to manipulate our markets down for leverage in dealing with Trump on the budget deal coming up Feb. 8. Guess the pundits all conveniently forgot about that.
The key phrase is, "...the Fed had the market's back during the Obama administration.
Billionaire liberal investors and hedgies, Soros included, want investors to blame PDJT.
They did just enough to trigger panic.
To believe otherwise is fool’s errand.