RE:RE:RE:CGC pre-market Here is a thought - not trying to make you feel like you are uneducated or to pick on you - it's something that I and many others have had to learn over the years. (Which has cost me money over the years because I personally didn't realize what the hell was going on. :)
To see how the market is going right now - the latest stimulus bill passed in the US but a new Coronavirus strain mutation in the UK is causing other countries to shut their borders and restrict flights from the UK.
The algos are keyed to pick up on any positive or negatives news and then react to the news event, causing the overall market to dip or run depending on the news. This can then trigger buy and sell stops in retail which then becomes a self fulfiling prophecy that feeds on itself until the market corrects.
Always look beyond just what is happening in the space that you are invested in - always keep an eye on the politics / news events / other economies around the world to see the patterns forming and then you will have a better understanding of what is going in the your investments.
It becomes second nature after a while.
Brockvegasgal wrote: Sure did but I don't own them. They are all over the board. Some small green, some bigger red, some just a blip either way. I post on CGC bullboard because that is my focus but hey thanks for trying to make me feel like uneducated instead of offering a thought :) Good luck to all longs these next 10 days. Here's to a better 2021, for all!