Silly forces.

also known as market manipulation

Last edited Thu Apr 2, 2026, 12:25 PM - Edit history (1)

Oil was supposed to spike, it did overnight, but that move fizzled.

Wall Street is skeptical too:

https://www.youtube.com/live/YOwSs47byB0

The President Just CRASHED The Market! Is This A Ruse? Oil Spikes Over 10%, Investors In Panic

Could be the oil spike. Could be someone thought they saw a value buy, could be irrational hope, could be enough people had an automatic buy if a stock dropped low enough. The market isn't so simple that any one factor controls everything.

...the DJIA is down 0.16% for the first couple hours.
It is, however, 1.18% the last 5 days.
Still down 5% the last month, & down 0.16% the last 6 months.
My guess is that crude prices have slowed in the last week or so. This might give the bargain hunters more confidence.
But, it's likely not anything a minor bounce following a typical overreaction by the marketeers.

I have to believe the market has to react sometime, and my inclination would be that it will be a negative reaction. But then I don’t think the market represents what I once thought that it did. This war is fantastic for a certain section of the economy, right up to the point where something significant happens, and then even that section fails in the overall collapse.

If I had to guess, I’d say there will be a major sell off this week, maybe not by today’s closing bell, but sometime tomorrow. Barring a major event, it’s just a continuing downward trend.

Don’t anybody put any $$ out there based on what you just read in my post either, you apes. I’m not a financial advisor, nor do I claim any prescient stuff.

Many stock markets (including the NASDAQ and NYSE) will be closed tomorrow.

So will banks in some states.

So I suspect that some paydays may have gotten moved up.

IMO, this, plus most of the federal government getting paid on Wednesday, created an impetus to invest employee stock plan cash today.

It feels now that the FED won't raise rates to combat oil inflation, energy companies may be turning record profits etc...

Some of my portfolio has done well during the last few weeks. But not much of it.