Originally Posted by
HKG2301
A great example of doom & gloom, the end of the (ATM) world as we know it.
Maybe a symptom of bearish 'group think', though, just as much as the previous bullish over-exuberance?
Various aspects drive SP: sentiment, fundamentals, TA, FOMO, spin, shorts, you name it. Investment horizon plays a part too. The secret of great comedy (and investment): timing.
ATM up 6% today, up 10% in the last two days. Well done those traders (and there will be many) who grabbed part of that action.