DISQUS

OpenMarket.org: It wasn’t bailout that caused Monday’s market surge — 3 other factors

  • Eric · 1 year ago
    Or it might just be that the volatility index surged to an unprecedented 75, indicating a relief rally was imminent. Short term moves do not indicate very much and it will seen over the months and years whether or not any of the "necessary moves" had a positive impact.

    If I've got my numbers correct, yesterday's rally was the fifth highest, percentage-wise in market history. Most of the higher percentage one-day rallies made their debut at the beginning of the great depression. Yesterday's move was not in good company.
  • aaron weston · 1 year ago
    Did the Congress pass the provision which would allow a person to deduct $15000
    of net capital losses from ordinary income each year. If so what are the details of this?