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ShawnP123

08/08/24 10:38 AM

#12033 RE: Jetmek_03052 #12030

I should have stated traders affect the daily swings especially those associated with Nvidia. The trends are more the institutions, banks, brokerage houses, and wealthy individuals like Berkshire and several others.
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Moonlazer

08/08/24 1:08 PM

#12039 RE: Jetmek_03052 #12030

Liquidity stress test valuation. Stocks don't keep going up into infinity.

~Day traders~ But mostly institutions... do this daily to keep valuation in check. Otherwise you get repeats of the great depression from unrealistic expectations. Corrections or ~manipulation~ keeps markets healthy. In turn it strengthens the economy else you'll be paying for $100 cheeseburgers and $150/hour minimum wage. The stock market does influence this.