We, as the miniature investor canāt make much for investments unless the big guys are in agreement. It only takes 4-5 giants to manipulate the market in a swing one way or another. When you see volatility one way or the other itās not the normal investment broker making changes for 3,000 client accounts. Nor is it the guys in North Dakota adding to their size of ETF, or making one smaller. Fear runs rampant and these swings are mainly quick reactions to any tidbit of news.
It used to be the DOW didnāt fluctuate more than 5-10pts in a given week/month. Song comes day trading and open access no-fee brokerage accounts and the swings are wild in both directions.
All three exchanges are on a voracious run the past seven months. As I play with free money I continually come to a conclusion to begin weening the number of tickers or total dollars and yet I cannot get the ROI in a number of companies because of goods/bad news. The stupidity of so many CEOās makes for a scary market: Boeing, Anheiser-Busch, Intel, Starbucks, Disney, Goodyear, Nike, etc make for bad investments or difficult impacts of decent gains.