Post by
1234bmth on Feb 14, 2023 11:03am
Stock market is no more investment
Looks like the majority of people are not investigating in the market anymore, they are just day trading and do not want to keep the stocks overnight. It is unfortunate to say, but looks like day traders are fully controlling the market.
Comment by
dandu1924 on Feb 14, 2023 11:14am
And this is worst since there is no commission for the transaction, the no commission reflet the proof of that " the stock market has lost some of their best investors " and now this is just BS traders BUT the no commission will not last long when we will be in better economy shape ( stable ) and those cheapest day traders will be burned and get lost.
Comment by
Cobalt on Feb 14, 2023 11:23am
90% of all trades are algos now Algos are in control. Day traders stick to a few names like 24% of their volume is in TSLA alone.
Comment by
TheWokeLemming on Feb 14, 2023 12:19pm
It's definitely bipolar today. Oil down but most oils are positive. Copper up but most copper producers are negative. No rhyme or reason to it. Then we'll see oil go up $3 and stocks do nothing. Why do we even bother? Lol.
Comment by
gwiz56 on Feb 14, 2023 1:52pm
Like Warren Buffet says "In the short run the stock price is a popularity contest ,but in the long run it is a weighing machine.