/biz/ - Business & Finance

>>21795305
That's not what happened at all. Many institutions /must have/ a percentage of their holdings in equities, there was a liquidity crunch and then a rotation to tech which was perceived as resilient to CoV. All the money from all of those red squares got jammed into the NASDAQ top 10. All of the money they could free from treasuries got jammed into NASDAQ. You'll note that FAGMAN is heavily weighted in the S&P, meaning FAGMAN can singularly prop up the two indexes that people actually attend to.

Then you had consistent after-hours movement, which had NOTHING to do with an influx of daytraders, but was likely treasury manipulating pricing, actually the Plunge Protection Team. It was honestly blatantly patterned. Most days we would trade flat and then after hours it would rocket 3%, it did this for like 2 months. Now that we're at the top shit is just getting retarded because nobody wants to touch financials or energy, it's all getting pumped into this pinheaded catastrophe.

You should stop reading the news, it's all noise. Your conclusions are farsical. Do some basic math and return the fact that some jackass dumping his $1200 stim check into the market is meaningless.

>>21106152
lol "the /market/ is up"