“Program Trading Gone Wild,” the Sequel? What’s behind gyrating stocks the last three weeks or so? (I know, it seems much longer). Here are two theories: One. Age-old human emotion — fickle, fear-and-greed driven human psychology — is the culprit. In particular, less experienced “retail” investors who chased high-flying tech stocks, and are now freaking...Read More
Biz Headlines: “Dow Drops More Than 1,100 in Biggest One-Session Point Decline on Record” If President Trump sees fit to claim credit for the uptick in the economy and (especially) stock market since taking office, it stands to reason that he will take responsibility for any hiccup (or worse) in same. Yeah, right. My sentiment,...Read More
