Latest / Wall Street Closing Bell: Daily Market Recap with Peter Tuchman, the Einstein of Wall Street
Violent Month-End Tech Sell-Off as Hedge Funds Close Their Books Before the Midterms | Wall Street Closing Bell with Peter Tuchman
Today’s Wall Street Closing Bell recap with Peter Tuchman.
In today’s episode of Wall Street Closing Bell, Peter Tuchman, the legendary New York Stock Exchange (NYSE) trader known as the “Einstein of Wall Street,” breaks down everything that moved the stock market today. The last trading day of October turned into a violent roller coaster. The market was down nearly 200 points at the session low before the S&P 500 (SPY) rallied about 60 points off the bottom. Peter says hedge funds and family offices are locking in gains of 10 to 15 percent and closing their books at month end rather than…
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