Do you think people shorted into that crazy move down? Seems like a better place to get out for a while.
I absolutely believe they did. They thought it was the big crash. This market isn't going to crash, because governments are all-in. They know that when it goes next time, they go with it.
Would be interesting to see the markets erase all gains by the close or at least give up 3/4 of this surge by the close. Noticing the financials weakening since 8am.