Wednesday, November 02, 2022

Chart of the day: Nasdaq rocket!

Update: In hindsight, the strong upward move was probably a sweep to trigger pending short sales before the market went down or it was a head fake etc.

Update: Just learnt it was the Fed announcement of a 0.75 points raise of short term interest rates.

Just googled for the news driving this push up! Google search failed! What is the event driving this on what appears to be light volume?

This is almost a two dollar increase with in two-three minutes!


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