Volatile price swings and matching bipolar stories have been dictating market conditions lately, but the bulls have once more reclaimed the upper hand.
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In Friday’s first half, some government relief and an oversold corrective move not soon to be forgotten (maybe) has a skittish Wall Street attempting to fend off existing momentum and mixed corporate news.
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(or “Why your Teachers/Professors are Full of Shit”)Written by Kavan WolfeI bet we’ve all heard this one:Student: “Why did you give me a C?”Teacher: “I didn’t give you a C, that’s the grade you earned.”This argument is based on the idea that grading is objective. Supposedly, your grades reflect your performance and are not assigned […]
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As today’s selloff suggests, US sub-prime mortgage problem will not go away and is spreading rapidly into Asian and UK markets.
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Heavy selling in the stock market created a surge in put volume and a big jump in implied volatility, as investors scrambled for protection from falling stock prices.
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As of Thursday’s close, the NASDAQ and S&P500 are off a whooping -3.39% to -3.82% and testing the conviction of bulls everywhere.
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Fear indices break through resistance on large declines in major market indices.
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