However, a day is not a trend. Anyone looking at stocks this month knows that sentiment can trigger a penny – the Dow rose nearly 400 points on Friday before closing more than 400 points in the red. Shivering investors who have been trying to read the tea leaves have seen bad signs everywhere in recent weeks ̵
The Dow has gained over 350 points or lost trading sessions in seven out of the last eight. Thursday would be eight out of nine. These huge gains and (mostly) losses indicate that investors are still marginalized in Washington's economy, monetary policy, trade and malfunctioning.
The big winners of Wednesday were the big losers on Thursday.
Oil fell 9% 1.5% Thursday morning.
Global stock tumbled in this turmoil