It seems like we have a lot of violently volatile days over the past couple of years. Pre-2020 a 1 percent change seemed kind of strong. Now it seems like 2 percent changes are not uncommon at all. I kind of wish things would settle down a little. I'm hoping this isn't the new reality. [Reply]
Originally Posted by Rain Man:
It seems like we have a lot of violently volatile days over the past couple of years. Pre-2020 a 1 percent change seemed kind of strong. Now it seems like 2 percent changes are not uncommon at all. I kind of wish things would settle down a little. I'm hoping this isn't the new reality.
My hypothesis would be a lot more people day trading, so you get more knee-jerk reactions. [Reply]
Originally Posted by DaFace:
My hypothesis would be a lot more people day trading, so you get more knee-jerk reactions.
That and I think savvy investors with the uncertainty have moved stops up. So some stops get ran and it can make for a big day. Then guys think it's a buy opportunity and boom volatility. [Reply]
Originally Posted by DaFace:
My hypothesis would be a lot more people day trading, so you get more knee-jerk reactions.
Originally Posted by Buehler445:
That and I think savvy investors with the uncertainty have moved stops up. So some stops get ran and it can make for a big day. Then guys think it's a buy opportunity and boom volatility.
I also think we may have more variables in society. The covid stuff caused all sorts of discontinuities, of course, and it was unprecedented in economic impact. Now we add inflation, which probably hasn't been seen by 90 percent of traders, and people are lurching around trying to figure stuff out (just like I am). [Reply]
Originally Posted by neech:
Lumber price going up again.
I laid over two rather large white oaks with pretty impressive saw logs in them yesterday. They're going to crush my dreams when they inform me wholesale still hasn't got up. [Reply]