• decolo@piefed.social
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    21 hours ago

    This has to be due to whales pushing the market up or down, and retail investors trying to keep up, right?

    • DickFiasco@sh.itjust.works
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      18 hours ago

      I’m not sure if it’s driven more by retail or institutional investors, but either way it’s caused a bunch of people who see “strait’s closed” in the news and immediately dump their stock. Same thing happened with the tariffs; some people put away too much thought into whatever Trump says.