Tag Archives: sticking

Why the giant intraday reversal in stocks is not sticking

Monday’s rip-your-face-off rally following the morning’s gut-wrenching plunge — when the Nasdaq Composite cratered 5% — was one for the history books.  Quant desks and equities analysts are still scrambling to make sense of the mother of all hammer candles in the major indexes. But the balance of evidence that’s emerging is favoring the bears — not the least of which is Tuesday’s nearly 3% sell-off in the Nasdaq Composite (^IXIC). Huge reversal days are rare enough that investors pay… Source link

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Nets’ Kyrie Irving sticking with COVID vaccine decision

Though the Nets could definitely use him, especially now with Kevin Durant sidelined with his MCL injury, Kyrie Irving isn’t going to change his mind on receiving a COVID-19 vaccine. Irving insisted on Monday, after their 114-107 loss to the Cleveland Cavaliers, that he wasn’t going to budge. “I’ve made my decision already and I’m standing on it,” Irving said, via Nets Daily’s Matt Brooks. Irving, of course, is one of the last coronavirus vaccine holdouts in the NBA and is still… Source link

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