alt Hacker NewsStocks going up has been so normal for so long that it doesn't get much press. Any significant drop is way more newsworthy.
> Give it a few days and we'll be back where we were
Perhaps, though I think today is the lowest in 6 weeks.
Stocks going up has been so normal for so long that it doesn't get much press. Any significant drop is way more newsworthy.
> Give it a few days and we'll be back where we were
Perhaps, though I think today is the lowest in 6 weeks.
> Stocks going up has been so normal for so long that it doesn't get much press. Any significant drop is way more newsworthy.
It's true that stocks tend to go up, but it's also true that large daily moves are pretty close to 50/50. It's brownian motion with a trend. The drops really do get more press than the spikes, and I don't think it's because they're less common, it's because negative news catches more attention.