Your stock dropped and the company did nothing.
Check its competitors. When one name in a group reports bad news or gets downgraded, the whole group often moves with it.
Sometimes the catalyst isn't your stock. It's a rival.
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Nasdaq green, and Dow red on the same day? They're not measuring the same thing...
The Dow is 30 old-economy names. The Nasdaq is tech heavy.
When money rotates INTO tech, the Nasdaq rips while industrials and financials lag. Which index is up tells you what kind of day it is.
A move means more when volume backs it.
Stock rips 5% on light volume? Often a head-fake that fades.
Rips 5% on heavy volume? Real conviction, more likely to hold.
Price tells you what happened. Volume tells you whether to believe it.
Ever wonder why a stock drops 6% on a day the market's only down 2%? It's beta, how much a stock amplifies the market.
High beta names (tech, growth) swing far more than the index, up/down. In a selloff your "high flyer" falls hardest. That's not bad luck. It's beta.
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Last week did the heavy lifting: inflation cooled, jobs came in weak, soft-landing hopes alive.
This week's quieter. The one thing that moves it: Wed 2pm, the Fed minutes, our first look at how split the Fed was at the 4% hike.
Full week 馃憠 explainthismove.com/calendar
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