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stock gains?
Amercian Airlines was up almost 50% today as were other blue chippers. someone make some sense of this today. did investors come in and gather up some relatively cheap but valuable stocks or what?
2 Answers
- SteveLv 61 year ago
If there is a glimmer of good news it will cause the market to move up. Much of what happens to a stock or stocks go against rational thought. It will probably be down 30% the next day after a 50% increase.
- martinLv 71 year ago
Investors control the economy of the world and are amazingly sensitive, fearful, naively cheerful at times, and downright superstitious gamblers.
