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100 points after losing thousands is not "soaring". That's like saying "Well I lost my job, my home, and my wife, but I just found $20. Amazing"
Write a country song about that, MAGA sickos.
Yeah, that's the BBC's headline. I didn't like it either, I guess it seems like "soaring" if you're looking at the 1 day view. If you're looking at the 1 week view it looks like "recovering". If you're looking at the 3 month view it's more "recovered slightly".
They seem to have regained about half of what they lost.
Wait for tomorrow.
Normally it's called a dead cat bounce (idk why 😿) when the stock market crashes and then has a nice little bump before crashing more.
It's people trying to buy the dip, and fat cats pumping and dumping more shares, VCs trying to dump money into stocks to keep it near an attractive number, etc.
What Trump did here was gave the stock market a line of cocaine during it's dead cat bounce.
Soar? Today? Sure. Let's chat next Tuesday..
We had a bounce like that yesterday. Still too early to say if this one is a bounce or not. Have to see tomorrow / over the next few days.
Because the news lags. Tomorrow every country will come out in the press full force about Trump's bullshit and the markets will tank again. It also will take a week or more for people in the US to realize how much their winter Citrus and Avocados cost.
An hour later it’s up 3000
It won't hold. Again. Wait for tomorrow.
https://www.nytimes.com/live/2025/04/08/business/trump-tariffs-stock-market/028fcb2c-debc-5537-9e9c-5e53d80ada9b
Yeah, wait for tomorrow. Takes some time to really realize what's going on with these psychos.
Everything about the indicators scream overbought:
RSI is high
Price is stretched above VWAP
Riding the upper Bollinger Band
Only thing still bullish is EMA12 > EMA26, and that’s lagging. Once that crosses, the dump is on.
And let’s not forget: the Buffett Indicator was already at 1.7 before today’s jump. Normal is 0.8–1.3. We’re deep into ‘correction incoming’ territory.
So yeah, this bounce? Classic sugar high. The real pain hasn’t even started.
Random person to random person: stop buying into all the "indicators". It's bullshit.
You know what he's going to do. That's your best direction. There is no "sailboat upward hook" or "flailing fish" dumbshit charting on this. It's unprecedented. No charts will help. In fact, stop looking at the charts and play the news. That will actually make you money.
The news is telling us all to buy right now.
Go ahead and place $1000 on s&p 500 at market open and tell me how it does over 1 week.
Good luck. I'll think back on this next week.