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.

  • steeznson@lemmy.world
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    3 months ago

    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.