We needed some relief in the stock market so last week was good. It will recover eventually.

Now -54. Was -150ish earlier.

https://www.cnn.com/business/markets/premarkets

The corporate media started putting out stories that the market had recovered. Not just Fox but CBS and other sites have been claiming this since Trump opened up his conspiracy theory lies.

Globally, there is hope of a coordinated financial response, moving many markets up (we tend to focus on just the American markets, but this is a world-wide issue). But if they don't get that stimulus...

That's not how it works. It's not how any of this works.

The markets will often respond to events that have nothing to do with the value of the underlying stocks.

Another fun fact: historically, the markets always recover. In 1987, the markets dropped over 20% in one day and the financial pundits claimed they would never recover. At the time, the Dow was hovering around 2,000. Even after the chaos of last week, the Dow is currently at 25,409. So much for the market never recovering.

Personally, I lost a lot of money in the last week. But I have faith. Everyone should take a deep breath and hold on. The markets will recover, in time, no matter what Fox News says.

Buys in the last 15 minutes pushed the numbers up 600 points.

They will try to mitigate the damage again today but unless you're a day trader with a fast finger, today won't be a buying opportunity. Algos will suck out every dollar the Fed throws at this thing. The charts from Asia show really fast swings as real traders sold into any strength that the damage controllers create.

From plus to negative.

They're not happy.

Is trump using the treasury to secretly manipulate the market for his own political gain? And possibly help others reap profits?