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Writer's pictureSalyl Bhagwat

On the SPOT blog (01/24/2022) [A..]

Updated: Aug 31, 2022

Wild Wall Street today! The first half of the day was in deep red perhaps because of emotional response to addition of geo-political situations on Ukraine-Russia border (and perhaps Taiwan) to the already existing issues such as pandemic, supply-chain issues, inflation, rate hikes and ongoing earnings season. It was such a drastic drop after an already significant drop last week that it might have triggered bargain hunters to go on a shopping spree. The day ended in green and the move was so drastic that it's effect are seen even after-hours (an example is AMZN showing such high discount score that I have never seen before).

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