Anonymous
Anonymous asked in Business & FinanceInvesting · 2 months ago

Remember back in March with the stock market "volatility"? where it went up really high one day , and then really down, the next? why?

did that? is doing similar now? but not as much? monday was down,,,,tue was up,,,now down again. same amount nearly exactly each day. wasnt the same in March? why? what causes this?

Update:

NO, I MEANT IN FEBRUARY...ANYONE REMEMBER THAT..IT WAS RIGHT BEFORE COVID19 CAME TO THE USA....THE STOCK MARKET WOULD RALLY HIGH THE VERY NEXT DAY AFTER DROPPING HARD...AND THEN IT WOULD DROP EQUALLY HARD THE NEXT DAY AND THEN THE  NEXT DAY RALLY AGAIN TO SAME LEVEL. WHY?

3 Answers

Relevance
  • kswck2
    Lv 7
    2 months ago

    Why did it go down? Due to the discovery of COIVD and markets don't like stuff like that. Why did it go up? The market has a tendency to Bounce after a large drop-that is the time to buy. 

  • Jim
    Lv 7
    2 months ago

    Unknown Rona information back in March.

  • Anonymous
    2 months ago

    That's the nature of the market. It goes up and down just every day, as rarely ever steadily up as steadily down. It's long-term trajectory that needs to be watched, not daily changes. It's always been like this. Look at a line graph of it. The line looks like the teeth of a saw, but those teeth aren't really important. What's important is if that row of teeth is trending upwards or downward as you move rightward along the line with the passage of time.

Still have questions? Get your answers by asking now.