Stock Market Floor Crazy
The stock market s rally thursday after the release of a truly gruesome unemployment number was taken widely as yet another indicator that wall street is a hive of callous profiteers.
Stock market floor crazy. Watch the video below for more information. As you can imagine a trading floor is a place where you would see traders screaming waving their arms using their bodies like crazy etc. 10 19 87 stock market crash. The real question i suppose is whether it will be forgotten by november.
If a stock price reaches resistance and trades down on higher volume it is likely that it will decline to test the support or floor. Markets should have declined to reflect the actual situation on the ground. The trading activity reaches its peak at the time of starting and at the time of the ending. Hiring is up wages are rising and millions of people are getting.
I agree that the stock market isn t reflecting the economy. Stock market declines of 5 to 10 generally require a month s recovery time. And if you miss one bit you will lose. After the march crash the u s.
The stock market responds to the economy and we see no indications that anything has changed since the start of the year. Support is the dollar price where there is more demand for the. March 18 2020 at 6 02 p m. Many investors believe the stock market has gone bonkers saying it has become totally divorced from the reality on main street.
Market crash of 1987. Market extra why the nyse fought to keep its iconic trading floor open as coronavirus pandemic closed in published. A year or two from now i think this month s stock market decline will be more or less forgotten. In fact a drop of 10 20 usually takes 4.