I checked the news on the periods where the market reached peaks and crashed for the last couple of months. The crash on Sep 2nd happened after an insane euphoria triggered by the Apple and TSLA splits and the earnings by ZM. The market crashed all the way into late September. A subsequent rally was fueled by the expectation of the Apple event and Prime day. But as soon as those events took place the market crashed. The elections started the third wave which was then crushed by the news of the vaccine. Now it seems that we are in noman's land.
But I would advise people to be careful of these expectation-driven rallies as they tend to not end up well.
But I would advise people to be careful of these expectation-driven rallies as they tend to not end up well.
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