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Why the Stock Market Rallied on Bad News
That stock market rally today was historic. The NASDAQ rallied over 4% intraday after falling over 2% this morning. So what caused today's stock market rally? Why does the stock market go up when the economic news is bad? Why do stocks go up and down at all? Why not just stick with one direction? What caused the stock market crash to turn into a stock market rally all in one day? It didn't have anything to do with stock market news. The stock market today rallied on technical analysis. So let's look at the stock market analysis to understand what happened.
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