NVDA reported better than expected earnings and the Jobs report came out better than expected and this morning the DOW was up over 600 points. Where is it now at 12:30 pm? The DOW is now down 300 points. That is a move down today of 900 points when positive fundamental news came out. Add to that the fact that yesterday Trump announced that Saudi Arabia would be investing $1 trillion dollars into the U.S. This is a bad sign.
When good news comes out and the reaction is negative, it is an unmistakable sign that the move up seen over the past 5 months is over. Add to that the established levels of pivotal support are being broken, you find that people are running away from the market, from the economy, and from all the positives that Trump has said are happening and will continue to happen.
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When good news comes out and the reaction is negative, it is an unmistakable sign that the move up seen over the past 5 months is over. Add to that the established levels of pivotal support are being broken, you find that people are running away from the market, from the economy, and from all the positives that Trump has said are happening and will continue to happen.
Why Stocks Drop After Positive News: Key Reasons Explained
Discover why stocks can fall despite good news. Learn about key factors like investor expectations, earnings reports, and market dynamics.
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