The stock market no longer works for its intended function (price discovery) due to the fact that they’ve made access easily available to the lowest common denominator. It’s just a way to gamble now.
I have to say though…it’s pretty funny watching Elon get dethroned as the world’s richest person.
Retail doesn't have the money to push moves like this. Whatever this was, it was driven by big money, reacting to mechanical impetuses. So my guess is that it had almost nothing to do with the announcement.
Comments
The stock market no longer works for its intended function (price discovery) due to the fact that they’ve made access easily available to the lowest common denominator. It’s just a way to gamble now.
I have to say though…it’s pretty funny watching Elon get dethroned as the world’s richest person.
Retail doesn't have the money to push moves like this. Whatever this was, it was driven by big money, reacting to mechanical impetuses. So my guess is that it had almost nothing to do with the announcement.
It's making it really hard for us dollar-cost-averaging investors!