Odaily Planet Daily News According to The Kobeissi Letter, the US stock market experienced short-term sharp fluctuations last night due to fake news of "tariff delays". The reasons for the fluctuations can be attributed to technical indicator requirements and market sentiment that is still in the "buy the dip" mindset of a few years ago.
Analysts said that investors have become accustomed to buying stocks on dips in the past two years. This is true for both institutional and retail investors. Even in March, capital poured into the stock market as the market fell. Now, if a trade agreement is announced, no one wants to "miss" the bottom.
However, the article reminds investors that if April 9 approaches and no trade agreement is reached between China and the United States, market sentiment may collapse again. Market sentiment is polarized, and panic has reached the level of March 2020, which means more volatility in the future.