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Ask HN: Can someone explain how the stock markets can be rising now?

• deleted 7y ago
  [deleted]
• joezydeco 7y ago
  https://en.wikipedia.org/wiki/Dead_cat_bounce https://en.wikipedia.org/wiki/Dead_cat_bounce
• strangattractor 7y ago
  There can be many reasons. The value is almost always based on what people think will happen at some future date. As information becomes available that sentiment changes. I would not count on this market immediately going back to where it was. Real damage has been done. 6-18 months to recover.
• throwaway743 7y ago
  Won't be for long. Indexes are hitting major resistance rn. S&p likely to drop to 1800-2100 area soon.