I’ve been hearing reports that “the market is way down” (due to Kamala/Democrats/god knows what else) and family members making comments that we better sell or liquidate our stocks.
I would never do that of course, but are right-wing folks actually jumping on the “sell-low” bandwagon? It seems too crazy but their media is always telling them dumb shit that kills or hurts them so its sorta par for the course in my view.
Automated trading makes any disturbance get amplified. Many companies specialise in high performance computing software that will ideally trade stocks a fraction of a second before their fastest competitors can, thus turning a profit. However the proliferation of these automated trades means that stock rises or falls experience pile ons where many stocks are bought or dumped without any human intervention.