Plunge protection team is saving the day!

in #stocks7 years ago (edited)

Sup steemers!

At one point, NASDAQ was down mor than 2% today! That is a very huge move and that was related to the Head and Shoulders pattern, FED and rising yields.

Who could have seen this coming? Yes I'm talking about the PPT or the Plunge Protection Team. Who the hell would buy so late in the day with such a big move? VIX went from close to a 45% drop to 20% right now. Market manipulations? You bet this is!

Have a good evening!

Sort:  

Congratulations @nadeau! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!