Look at the WAAAX index and you can see we have been experiencing swings down and up.
In mid Dec, the market fell out with growth stocks and WAAAX without reason plummeted 8%. Then days later, it was all good and swung up 4.6%. By early Jan, we had the Iranian issue and we saw the index drop 3.5% but since then, it has jumped 11.25%! No doubt speculative money flow is there - people are gambling there like Wall St is with FAAANG.
Ok, don't know anything about stocks- not to worry just jump into WAAAX you'll make money- I am being sarcastic of course. This rally is built on momentum, and as the Table below shows, momentum works both ways with a high beta (price swings).
