Talk of The Villages Florida - View Single Post - Confusing stock market report, Is this a good thing?
Thread: Confusing stock market report, Is this a good thing?
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Old 08-08-2023, 10:46 AM
Royaloil Royaloil is offline
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Default Algo's
Quote:
Originally Posted by NAB20 View Post
Was a little disappointed to find our local newspaper business section showed three straight "thumbs ups" on the Stock Market report only to notice the minus sign in front of each number, thus requiring readers to do some negative math. The DOW had a 330 pt. spread between thumbs up and thumbs down. But I think we actually lost money Friday. Correct me if I am wrong. Are there still proof readers or is AI taking over that, as well?
What is insane is 'Algo's" trade more than humans do. This is why new stories can start huge selloffs in the stock market. My grandson rants about this stuff all day long.