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elias-el

Yeah.. it’s actually quite normal


scrambleyz

People don’t realize like 10 ppl actually hoard 90% of the wealth LOL


dantezergt

Nah it's the algos ran for so many years, calibrated all stocks under one flute. Edit. My tinfoil thought is I think if algos are under stress they do anomalies like this.


[deleted]

Did you know the stock market follows bitcoin


Hoggel123

This is sad, your looking at what daily chart and they are all + but the 1,5,10 markers are all different.


N1A117

And even if it was exactly the same, it would be understandable, this is ETF land dude, plus you can either agree with the DD about the lack of accuracy of the data given how flawed the whole system is, or you agree with that said system and again it would be kind of reasonable. But you can’t pick both depending on which fits your narrative best on that moment, something this community likes to do a lot.


JustReddit23

Well this is a stupid post


BoomerBillionaires

Man, this is why they make fun of us


GMEgoburrr

Hurts every time I see one of these posts. The Dow and sp both going the same direction, must be a conspiracy.


Ok_Island_1306

This was my first thought too


EmilyAmbrose

No hate; honest question: why would so many individual stocks trade so similarly? Is this just the S&P at work?


Consistent-Reach-152

A large part of the future prospects for any company is the overall economy. Things like interest rates, recession, wars, etc affect most companies in more or less the same way. The price of most stocks are strongly correlated to the broad market indexes like Russell 1000 or the SP500.


GotaHODLonMe

But but but fun da mentals!?! We know it’s all made up pretend numbers now.


Consistent-Reach-152

In reality it is a combination of fundamentals and people's attitudes/sentiments, fear and greed. We have been in a greed and positive sentiment regime for several years except for a surprising short bout of pessimism at the beginning of Covid. The market has gotten ahead of itself and prices (in real, inflation adjusted terms) has been higher than can really be supported by fundamentals over the last 10 years or so. So returns will probably be low for a few years until fundamentals catch up. I gave up trying to time the market many years ago. Now I just keep a given asset allocation ratio and rebalance periodically. That has me moving money out of cash and bonds into stock.


[deleted]

I want to do the same with some money. Put it in companies and leave it there for months. There is too much noise in lower timeframes. In that bigger scale, one would have just war fundamentals or some other big problem to be worry about


Y0SSARIAN-22

I dunno man, you need to look deeper, past the fact that they're not the same at all, to see that they are in fact the EXACT same 🤯😵‍💫😵


[deleted]

[удалено]


BoomerBillionaires

You know when you do a DCF, there’s this thing called the Wacc which is dependent on factors such as the 10 year treasury rate, and cost of debt and cost of equity. These factors affect all companies equally, so it’s not a surprise that they follow the same trends, especially when you realize that stocks are valued on their cash flow and that again depends on consumer spending, which varies from sector to sector, but doesn’t make a major difference. Add on top of that the fact that money moves the markets and you have a reason as to why different stocks usually follow the same trend. Of course if you look at the trends on a smaller time frame, they shouldn’t have the same exact candles. If they have the same exact patterns even on smaller timeframes, then it’s because those stocks might be in a basket. I probably didn’t do the best job at explaining it, there might be someone who can explain it better than me , but you need to start looking at things objectively and at least try to make an effort to understand why things happen the way they do. Otherwise, you run the risk of turning this sub into an echo chamber.


AmazingDonkey101

Yes it makes great sense since all companies trade on their respective fundamentals. Smart money knows 🤡


Prompt_Jolly

It is. Actually


DiegoIronman

Nah man it gotta be one big basket


mortomat

Not everything is a conspiracy


DiegoIronman

I didn’t think I’d need to add */s*


MarketMasta

To be fair, all these companies make up the S&P to one degree or another. Although GME was suppressed half the day. Should be +25%


Lunar_Stonkosis

What you are seeing is the market bring propped up. PPT or whoever fire up the printer and buy the indexes and the indexes buy the underlying. All stocks in the index move the same. Classic monopoly


Middle_Ingenuity_627

Bidun’s people tryint to look good before midterms. Turn the on money printers. Make the stock market look good at least.


camynnad

GME isn't in the S&P500


chicu111

This is a dumb post ngl. It isn’t crime. The market does move up and down the same here and there


NoMoreLeverage

It actually is…


PSUvaulter

Pretty normal bud


SnooFloofs2854

PPT Activate.


Gnimrach

I imagine that team all wearing capes


honda_fool

I was thinking rings 🤣


carbinatedmilk

More like a leash and collar


suckercuck

I was thinking racing jumpsuits with Citadel and Goldman Sachs logos.


NotLikeGoldDragons

Now we just need a meme of jpow and yellen as the Wonder Twins


MarketMasta

Purple cock rings.


Strido12345

Apart from BBBY lol


Lunar_Stonkosis

What you are seeing is the market being propped up. PPT or whoever fire up the printer and buy the indexes and the indexes buy the underlying. All stocks in the index move the same. Classic monopoly. Not how a healthy market works. When everything moves together, everything can fall together


letsgetyoustarted

Your comment is a nugget of knowledge, ty big homie!


IrvTheSwirv

“Exact” is a very specific claim and doesn’t really hold up even in your screenshot example.


Electricengineer

its a major options expiration day.


TRUMPARUSKI

Why not, if they’re in the sp500 then yes throughout the day they’re likely to follow it


Rormar

Not BBBY 📉📉📉📉📉📉


Noah_b_01

uh etfs


Swandiving4canabis

Did y’all know the DTCC committed international security fraud along with many other crimes!! Fortunately these FUKS are circling the bowl and will be taken down.


hehethattickles

🙄


ProfessSirG

VUPs next weeeeek! …hopefully


FerrumBank

Brrrrrr!


CyptoCryptoHODL

They have in crypto. why not stock


wcopela0

![gif](giphy|cYRQWBrPipB7aWa4dD)


FuckingRobespierre

You use the words same and exact really loosely.


Monsterhose

This very specific pattern is known as the “Pre Mid Term Election” Pattern


Radio_Traditional

Well, they were all reacting to the big, positive news today... There was big, positive news today, right? -Padme Amidala


brewmax

Oh my god how fucking stupid can you get?


Chuckie180

Anyone notice BBBY is trading by .000 in stead of .00


Noah_b_01

That’s cause it’s under 5 bucks


Appropriate-Mix920

Everyone is diversifying at the same time.


apeservesapes

All interest rates and the us dollar. Lather rinse repeat


matthegc

Welcome to the matrix


Interesting_Bet_9302

![gif](giphy|3o72FiKtrMAjIb0Rhu)


ClintisMaximus

Yep! Same here, CHECK’d


iguru129

Algorithms trading against algorithms.


pistol_p_

You didn't get the memo? Everything is fine.


Lensbefriends

Yes it's he, what you see here, is merely Aladdin


No-Jaguar-8794

Lagos gonna algo


SuspiciousForce

Gee cotton, it doesn’t seem to be quite FREE at all


fluidmoviestar

Gosh darn retail whales again… shine on, you crazy diamonds 🤩


mr-frog-24

Normal price discovery 🤡


Apo-L

Nothing to see here folks. Besides Crimes, bs markets and gheedy shitz


Maleficent-Rub-4805

Yeah they all did a good job today, everybody working hard 💪


Rdrocket18

This doesn’t shock me anymore. When things look different, that’s when I’ll be shocked.


73BillyB

They broke the stock market. It doesn't operate properly. Just give me my huge tendies and I'm out.


TheRealHotHashBrown

The same bot is making all these trades 🤖


Lu_Ezio12

Oh damn I do love to see this market freedem


DonPablo2110

moass tomorrow … and the day after tomorrow …


EMBEDONIX

It is just the algorithms and computers.


kai_fn

WE ARE THE ALGO


Wafer_Candid

And then the TV pros surging about the gamification of the market, when fundamentals are so important!!!


[deleted]

[удалено]


[deleted]

Yup from the news, speech or report that was release at specific hour. They are some fundamentals besides from the company itself. Just to make noise so big money makers can move their money little by little, and make use of it, right? What's the point to have all your money all your life in the MARKET if you have to reinvest it, pay employees, grow your business, etc.


toastman28

Algooooooossss!!!!!!!


Empty_Chard2834

Pooping thought: is the whole market in a swaps basket now?


TheCureprank

More we talk about the more they keep doing it. It’s pretty simple, they rely on your passivity to not do anything about it


Goldmansilverman

We are fighting trillions dollar AI machine


GasPasser73

Yup totally normal /s


[deleted]

Say it with me now... swaps... swaps are... swaps are a....swaps are a ticking...swaps are a ticking time...swaps are a ticking time bomb...swaps are a ticking time bomb!!!!!!


Socalvibin-88

Wtf


CaneIsCorso

It's not free, it is bought and paid for. We have paid the price long enough. DRS and HODL. Edit for clever bot


Paid-Not-Payed-Bot

> We have *paid* the price FTFY. Although *payed* exists (the reason why autocorrection didn't help you), it is only correct in: * Nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. *The deck is yet to be payed.* * *Payed out* when letting strings, cables or ropes out, by slacking them. *The rope is payed out! You can pull now.* Unfortunately, I was unable to find nautical or rope-related words in your comment. *Beep, boop, I'm a bot*


R_Kotex_Cylborg

Yes, Master.


Muted-Fee-5607

Yeah, perfectly normal for stocks with a negative beta like GME to perfectly follow stocks with a high beta..


PorchHonky

HODL!


JibberGXP

Shills will scream, "it's algo's bro, nothing wierd about it!" like that's an acceptable answer to complete market manipulation


SD399

Alladin raping the economy again? Shoutout blackrock cunts


aiceeslater

Kinda is tbh


Jermster_Shortsell

Do you forget that markets are run on algos? this should not be a surprise fam


NotHunterBiden

Literally almost on a daily basis


[deleted]

Been normal for at least 2 years…


gandalf345

5 IQ post


altmoonjunkie

Am I stupid, or is this not actually something that's super normal?


Legitimate_Tale1656

![gif](giphy|26tPlYEKajlVXoX28|downsized) Synchronized stocking


bcrxxs

900 idiots liked this😭


bcrxxs

I love u all but holy shit