Following a Big Rally and Sober Look

After US stock market were down for the two days, there are theoretical explanations and possibly blamable invisible big institution, namely Soft Bank.

Rising Delta  (Root, 2020, September 1;Root, 2020, September 4 ) was one of explanation that the unusual stock market rally in this unusual circumstance when economic activities are still low, though recovering from entire shot down; while SoftBank might have caused Delta to rise unusually fast (Levisohn, 2020, September 4;McDonald, 2020, September 1). Most investors and traders may have been licking their sour wounds due to stock market down last two days wondering what just happened. Knowing why might be a good start of 12 steps of addiction break therapy, if greed-driven trading is one of mental addiction.

 

Cite as:

Rachel Kim (2020, September 6). Following a Big Rally and Sober Look, The Blue Ocean Management.com, Retrieved from: https://theblueoceanmanagement.com/2020/09/06/us-stock-market-down/

 

 

References:

Levisohn, 2020, September 4, Barrons.com

McDonald, 2020, September 1, The Bear Traps Report

Root, 2020, September 1, Barrons.com

Root, 2020, September 4, Barrons.com