Was there any specific reason/cause for the DOW to rise 500 points on this Friday afternoon??
or just painting the tape before the weekend??
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Of course
Fear & Greed was at 16.
No sellers left.
Market was oversold and due to bounce. It still has a bit more upside left. Can play out two ways. It either gaps up early Monday and peters out or falls a bit and rallies on Tuesday before heading lower as the week progresses.
money getting out of Europe, troops going into Ukraine asap now
There is NO “Market ” …there are NO Reasons
It’s just an algorithm designed to go relentlessly Up month after month year after year
The Dow et al will keep rising even in a Nuclear Holocaust …
A lot of folks figured this out and thats why thy just buy and hold and buy more on dips..100% gauranteed Money for those in the know