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𝙴𝚟𝚎𝚛𝚢𝚝𝚑𝚒𝚗𝚐 𝚐𝚘𝚝 𝚜𝚌𝚛𝚎𝚠𝚎𝚍 Telegram | DID YOU KNOW?

In the past, it was noticed that through bulk SMSes, investors were induced to invest in or purchase the stocks of certain listed companies. And indeed, volatility has been a hallmark of the market environment so far in 2022, with the S&P 500 still down more than 10% for the year-to-date after first sliding into a correction last month. The CBOE Volatility Index, or VIX, has held at a lofty level of more than 30. Stocks closed in the red Friday as investors weighed upbeat remarks from Russian President Vladimir Putin about diplomatic discussions with Ukraine against a weaker-than-expected print on U.S. consumer sentiment. The Securities and Exchange Board of India (Sebi) had carried out a similar exercise in 2017 in a matter related to circulation of messages through WhatsApp. Investors took profits on Friday while they could ahead of the weekend, explained Tom Essaye, founder of Sevens Report Research. Saturday and Sunday could easily bring unfortunate news on the war front—and traders would rather be able to sell any recent winnings at Friday’s earlier prices than wait for a potentially lower price at Monday’s open.
𝙴𝚟𝚎𝚛𝚢𝚝𝚑𝚒𝚗𝚐 𝚐𝚘𝚝 𝚜𝚌𝚛𝚎𝚠𝚎𝚍 from TW

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