Why did the stock market go up today? Stocks traded higher on Monday, attempting to build off of last week’s historic rally, where the Dow Jones Industrial Average and S&P 500 post their best 3-day win streaks since the 1930s. Sentiment was helped after President Donald Trump extended to April 30 and by optimism around a coronavirus treatment.
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Its because of quantitative easing
I've been scrolling through the comment and I can feel the panic in most comments. The on going pandemic is taking center stage around the globe affecting everything including the market but in contrast to what most people think, I see a great opportunity to create massive wealth in regards to the market. It all depends on investors who are brave enough to seize this once in life time opportunity.
Bro i am from Pakistan and i want a agent who opening my account for trading.
Yeah this made zero sense to me too. I am from India and here in our markets most of the time what we see are reflections of the US market. But again when this situation is hitting our economies so bad, could not figure out why our markets would go up or even sideways given the fact that we are yet to find a vaccine and stabilize the situation. Came here for the answer and funny we are all on the same page here…
3 days in a row positive on natural gas made $1200
Bull trap…
So I am an inexperienced trader. I only focus on more long term things. I think, the reaction in a bullish sentiment I think is the normal, people seen the lows and want to buy in. So it is a momentary correction, once the more long term effects to everyone start to begin I believe we will again begin to fall. I do not think it will be anywhere near as drastic as a fall because people have already done much of the calculation for stocks on the initial fall, but when a great number of people and companies start to truly experience the financial hardship that this has caused that's when we will get the retraction. So not until unfortunately small businesses start closing and people start defaulting on payments and loans, do I think the retraction will occur. I estimate May time frame, reasoning once people fall 2 payments behind it tends to be difficult to ever catch back up. I hope I am wrong about this because I understand how negative this outlook is for a great number of people.
Can't make any sense of it, that was a very bad weekend. When i see amazon and other businesses having their employees walkout because of fear, thats bad. Still on the sideline for now.
The market is going up cuz the large corporations got a 6 trillion dollar bailout; not because the deadline got extended during April 30th
The fed is throwing trillions at the stock market buying up treasuries
The feds are pumping a lot of money every where once they can't anymore or when they stop like in a couple of days it's gonna plummets down another 20 percent but can't see it going down any lower.
yea i was trading with natural gas and it was really hard for me to find any indication of an uptrend and in the end i cut my losses at -2% so 60% and i went to dgaz where i recovered everything and am currently making a profit
My guess is 2 things. The algorithm bots are doing a bunch of wierd things during this time. Couple that with a ton of new investors because you have a lot of people at home with free time watching YouTube videos on stock advise and they are downloading trading apps and stirring the market with new money, I should know I'm one of those newbs lol. I just hope I don't get caught in a bull trap like I think many will.
Very interesting watch!
Government and some world big cooperates are buying all the unwanted stocks?
it’s bullish because the longer the economy stays down the more feds will keep pumping in more money…. money for nothing!
Hey all due respect, China's numbers are falsified. Imagine someone who day trades like you do all the time is told by someone with no experience that you should do this that etc. You would say ok thanks and laugh them off. When you say CHINA'S numbers are reducing you are literally just talking with no research, no experience. If you want to spend two seconds looking into this without making these claims, look up Li Wenliang.
Left MSM isn't making 24/7 news report on Stock Market with their fear mongering tactics compared over a week ago.
Ricky my ameritrade account ,trades (buy)are just sitting in que and are not being fulfilled any idea why? I am meeting the market value, but I am still not going from an order to a position!
Just saying… there’s an investigation for insider trading… just saying… our president isn’t the cleanest businessman…
I don’t understand why it a going down. There are so many people who are suffering because of this virus. It just doesn’t make sense.
This would have been really good chance to let excessive air out of already bloated markets yet they promise to make whatever it takes to keep prices up. We have already seen in last 10y that QE money given to the banks have not alleviated real economic issues. It only bloats different asset classes when that money seeks its place. Many corporations see best solution to buy their own stocks than invest to new technologies, production etc. There is other ill effects just to mention one. It seems just out of sense to artificially boost stock prices while real economy is bogging really bad.
What’s going on with DWT/UWT?
It's a trap. Obviously
Wow some of these comments kill me. I understand everyone wants to be sanguine but you also have to be smart about everything that’s going on. I’m curious if it’s going to be worse then 2007-08
There is talk of an additional stimulas on top of the 2 trillion
It's called the federal reserve is doing unlimited QE. That means unlimited money printing. The game is rigged
The reason it’s bullish is because it’s pulling back, game of trade’s latest video explains it a little.
I think it quite make sense…. Maybe everybody was scared for Trump his actions to open the country to soon…
Now they know that he takes it (more) seriously
Why? The feds printing machine is working waaay overtime 😂
Feds have unlimited money to pump market though
Stock should be going down soon.