{"id":42055,"date":"2018-12-28T09:41:14","date_gmt":"2018-12-28T14:41:14","guid":{"rendered":"https:\/\/olduvai.ca\/?p=42055"},"modified":"2018-12-28T09:41:14","modified_gmt":"2018-12-28T14:41:14","slug":"this-is-exactly-the-kind-of-behavior-that-you-would-expect-during-a-stock-market-implosion","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=42055","title":{"rendered":"This Is Exactly The Kind Of Behavior That You Would Expect During A Stock Market Implosion\u2026"},"content":{"rendered":"
\n

This Is Exactly The Kind Of Behavior That You Would Expect During A Stock Market Implosion\u2026<\/a><\/h3>\n<\/header>\n
\n

\"\"<\/a>If a doctor tells you that his patient\u2019s condition is swinging up and down wildly, is that a good sign or a bad sign?\u00a0 Of course the answer to that question is quite obvious.\u00a0 And if a doctor tells you that his patient\u2019s condition is \u201cstable\u201d, is that a good sign or a bad sign?\u00a0 Just like in the medical world, instability is not something that is a desirable thing on Wall Street, and right now we are witnessing extreme volatility on an almost daily basis.\u00a0 On Thursday, the Dow was already down several hundred points when I went out to do some grocery shopping with my wife, and at the low point of the day it had fallen 611 points.\u00a0 But then a \u201cmiracle happened\u201d and the Dow ended the day with an increase of 260 points.\u00a0 As I detailed yesterday<\/a>, this is precisely the sort of behavior that you would expect during a chaotic bear market.<\/p>\n

As Fox Business has noted, bear market rallies are typically \u201csharp, quick and usually short\u201d<\/a>.\u00a0 I figured that the momentum from Wednesday would carry over into the early portion of Thursday, so I was surprised when the Dow was down by so much as we neared the middle of the day.\u00a0 But then around 2 PM we witnessed an extraordinary market surge<\/a>\u2026<\/p>\n

The Dow Jones Industrial Average posted a 865-point swing in less than two hours<\/strong>. The blue-chip index had been down in mid-afternoon more than 500 points to cut the previous session\u2019s gains in half, before bargain hunters and short covering<\/strong> turned a big decline into a modest gain.<\/p><\/blockquote>\n

An 865 point swing in less than two hours is not \u201cnormal\u201d.<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

This Is Exactly The Kind Of Behavior That You Would Expect During A Stock Market Implosion\u2026 If a doctor tells you that his patient\u2019s condition is swinging up and down wildly, is that a good sign or a bad sign?\u00a0 Of course the answer to that question is quite obvious.\u00a0 And if a doctor tells […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[21635,3334,195,4106,6061,6125,1849,7196,21316,4754,21317,15959,21781,21318,6065,480,488,4427,506,4901,536,6066,20901,1615,6585,7553,1138,4562,3783,23628,2731,23629,21920,5221,753,21921,1469,7452,23630,6540,860,21319],"class_list":["post-42055","post","type-post","status-publish","format-standard","hentry","category-economics","tag-21635","tag-anxiety","tag-debt","tag-debt-crisis","tag-financial","tag-financial-marketplace","tag-financial-markets","tag-global-debt-crisis","tag-global-financial-marketplace","tag-global-financial-markets","tag-global-panic","tag-going-into-debt","tag-into-debt","tag-investor-panic","tag-investors","tag-lending","tag-loans","tag-market-volatility","tag-markets","tag-michael-snyder","tag-money","tag-panic","tag-perfect-storm","tag-spending","tag-stock-bubble","tag-stock-crash","tag-stock-market","tag-stock-market-bubble","tag-stock-market-collapse","tag-stock-market-collapse-2019","tag-stock-market-crash","tag-stock-market-crash-2019","tag-stock-market-volatility","tag-stock-prices","tag-stocks","tag-stocks-are-overvalued","tag-stress","tag-the-economic-collapse-blog","tag-the-stock-market-crash-of-2019","tag-u-s-stocks","tag-wall-street","tag-what-is-coming"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/42055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42055"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/42055\/revisions"}],"predecessor-version":[{"id":42056,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/42055\/revisions\/42056"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}