At the time of this writing, Nasdaq is up 700 points. The previous record for the largest daily gain was 680 points after the 2020 Covid crash. We hold this level, we will see the largest daily gain in the history of the Nasdaq.
I wish my salary gets attached to the market. Eventually it will always go up
Your salary *is* correlated to the market lol.
My salary is always underperforming 😂
Dead cat bounce? 7.7% inflation and we up here popping bottles of bubbly
Is the cat made of rocket propeller? Because damn that thing bounced to the moon.
The fall was exaggerated as well. This bounce is exaggerated too. Honestly, are we looking for rationality in the markets?
Not % wise
Exactly. People talking in nominal points are clueless. Like obviously because of inflation, we will always have record nominal amounts of everything over time.
This rally is stupid
Not even top 20 largest percentage gain
Eases the pain of the day before a bit
I sold most of my short term trades and shorted a bunch of today’s top 10 gainers by percentage. Hopefully there’s a downward correction on Monday or Tuesday. Easy money.
If you were expecting a downward correction next week then why didn’t you wait until tomorrow to short the top 10?
I feel tomorrow will be a slight bump up or the start of the downward trend. If it was the start of the downward trend I didn’t want to miss this opportunity to short. I’m okay not getting in at the short term peak if it turns out to be a slight bump.
Easy come, easy go! Market makers will get the highest returns with all the volatility.