4 ms·

It’s up 50% today. Has $70 billion of liquidity, they’re fine

• newaccount2023 4y ago
  they might be fine, but daytrading activity is not a signal that they are fine
  • xeromal 4y ago
    70 billion of liquidity is though.
    • fnordpiglet 4y ago
      “The treasury of the United States is our backstop” is even more compelling.
• ramesh31 4y ago
  >It’s up 50% today. https://en.wikipedia.org/wiki/Dead_cat_bounce https://en.wikipedia.org/wiki/Dead_cat_bounce
  • sidfthec 4y ago
    Dead cat bounce is a way to describe a pattern after the fact. It's not a way to predict what's to come.
    • kelipso 4y ago
      It's also a way to communicate your prediction of what's to come.
      • newaccount2023 4y ago
        for daytraders, "whats to come" may mean three hours no stock moves 65% down and then 50% up in two trading sessions based on fundamental research for long-term investors
    • deleted 4y ago
      [deleted]