What would make anyone buy the S&P after a 5.5% spike in a little over a day of trading?
What is the catalyst?
The gap is now filled. What was the the reason for last week selling that was the worst week since the 2008 crash?
Was that move fake or is this one?
Look at the financials run. Why news out of Europe? The EU shouldn’t prevent governments from putting public money into failing banks if they want to. The move in financials today may be shorted before the close. Huh?
Today, no one. Why isn't anyone asking how bad conditions are that central banks had to step in to relieve the funding strains for euro zone institutions?
The move from 1160 to 1420 was a pure ramp job on hype. The global economy is slowing. That 22% run since the end of November must be unwound now.
"Today's surprise emergency move by all the world's major central banks is proof that the disruption in financial markets was so bad that they to step in to save the Euro." that was the correct answer ,the end of the world was taken off the table for now.
I bought NFLX shares today. I believe this market will continue going higher tomorrow because of short covering and margin calls for shorts.
NFLX showed weakness today, and is trading near its 52 week low, so it has a lot of room to run. I think by next earnings it will be trading at around 80