SpaceX made headlines at midday. EchoStar made headlines at midday. Adobe, Seagate Technology, and Charles Schwab also made headlines at midday. The stock market has discovered a revolutionary new feature where prices change during trading hours.
Retail traders checked their portfolios. They saw red numbers. They saw green numbers. They made the same mistake they make every single day, which is confusing price movement with information. A stock went up three percent. Another stock went down two percent. These are the margins within normal volatility, but someone somewhere just took out a second mortgage to buy calls.
The article promises to tell you which stocks are making the biggest moves. It will not tell you why this matters. It will not tell you what to do about it. It will tell you that a number changed, and then you will feel like you learned something. You did not learn something.
SpaceX is not publicly traded, which makes its inclusion in a stock movement article f*cking fascinating. Perhaps they meant SpaceX-adjacent sentiment infected some aerospace ticker. Perhaps they meant absolutely nothing and just wanted Elon's name in the headline. Both explanations require the same amount of technical analysis, which is zero.
Charles Schwab moved midday. The company that facilitates your ability to lose money experienced a price fluctuation. The irony writes itself, except it does not, because there is no irony. There is only a brokerage stock that moved the same way every stock moves every single day.
Someone will read this headline and think they missed something important. They will click through. They will scan a list of tickers and percentage changes. They will close the tab. They will have spent thirty seconds of their life learning that markets are open and prices move, which is information they already had at birth.
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