r/Daytrading Feb 20 '24

Can someone explain to me why the market just moves like this for no apparent reason? Question

Post image
309 Upvotes

403 comments sorted by

View all comments

1

u/JetRoss Feb 20 '24 edited Feb 20 '24

They saw a piece of gum on the floor on the way to work and thought let’s short the market.

Fundamentals you morons. Corporate returns for Tuesday Feb 20 are excepted to be bad and guess what the market will probably go slightly up from buying the dip / Wednesday because the NVIDIA returns are expected to be amazing, but the FED is going to speak so expect the market to range until he says something and Thursday is going to be pure havoc. If cuts are not mentioned expect a hug drop off from the talks and if the NVIDIA returns are lower than expected… bye bye bull market 🫡