How you can tell if a news story is real

[safeinOhio]

If the markets move a couple of trillion dollars, it's true. You don't bet that kind of money with out doing the research.

Two Puff Daddy.

[Throck]

1. I think the markets are more emotionally driven by fear and panic than logic.

I continue to collect cans and buy lotto tickets to cover my predictions.

[kimbutgar]

2. Working in the stock markets year ago

Those stock traders are nervous nellies and trade on emotion. They are really scared and are now realizing the US is in trouble under idiot mf45’s leadership on the Coronovirus and its economic impact. They liked those tax cuts but now those chickens are coming home to roost.

[mahatmakanejeeves]

4. Machines are driving Wall Street's wild ride, not humans

Machines are driving Wall Street's wild ride, not humans

by Chris Isidore @CNNMoneyInvest February 6, 2018: 4:02 PM ET

Why you shouldn't panic about the market volatility

Wall Street's recent wild ride isn't driven by nervous portfolio managers, retirees looking at their 401(k) statements or any other human traders.

Instead, machines are making the trading decisions.

Computer programs execute buy and sell orders based on complex algorithms and formulas, without a human involved in the process.

On a typical trading day, computers account for 50% to 60% of market trades, according to Art Hogan, chief market strategist for B. Riley FBR. When the markets are extremely volatile, they can make up 90% of trades.

{snip}

Granted, garbage in, garbage out, but the people they hire to write code aren't making the big bucks to write bad code.

[dugog55]

3. Don't fool yourself, for the billionaires

if the market goes up they make money. If the market goes down, they make money. And what they do not make money on in the actual stocks, they make up by buying properties or businesses that go bankrupt when things go sour. The only ones hurt by a down market are working class people who are depending on their 401Ks for retirement.

I am sick of hearing MAGAts bragging about the economy and how much their portfolios are growing. Maybe this will shut them up when they lose 30% or more of the money their GOD has made for them.