So, we have seen the wild swings in the market these past few weeks. 900 point swings in one day, and that got me wondering about a couple of things.
It almost makes me think something is staged here. How is it that the market can start 200 points high, then with no new news, nothing from the fed or any news from around the world that is noteworthy, and the dow will drop to -500, then a few hours later, it will jump back into positive territory?
It just seems weird, it's like confidence is high, then out of the blue, people suddenly lose confidence, then a little while later, they're like, "oh ok, it's all good again".
The fluctuations are just wild.
Also, it makes me wonder if a lot of this has to do with this AI that is running the markets. I've heard on the radio that something like 80% of the trades that happen now are done completely by computer, with, what I suppose to be, no human interaction. Our markets are being controlled by a computer algorithm.
How can this be a good thing? Human instinct and intuition are key for making good trades.
Are we looking at potential disaster by allowing so much of our market to be controlled by computers?
It almost makes me think something is staged here. How is it that the market can start 200 points high, then with no new news, nothing from the fed or any news from around the world that is noteworthy, and the dow will drop to -500, then a few hours later, it will jump back into positive territory?
It just seems weird, it's like confidence is high, then out of the blue, people suddenly lose confidence, then a little while later, they're like, "oh ok, it's all good again".
The fluctuations are just wild.
Also, it makes me wonder if a lot of this has to do with this AI that is running the markets. I've heard on the radio that something like 80% of the trades that happen now are done completely by computer, with, what I suppose to be, no human interaction. Our markets are being controlled by a computer algorithm.
How can this be a good thing? Human instinct and intuition are key for making good trades.
Are we looking at potential disaster by allowing so much of our market to be controlled by computers?