Good Thing Y’All Watched This Past Weekend
The price of my Winnie the Pooh coffee mug is being tested. So is this precise zone on the S&P 500.
STILL NOT financial advice, this points out how market prices of anything are determined, in the way that you can understand. No, it did not include a phone call to your Joe Broker, where I get a report of earnings estimates, which were in turn, created by someone else. That someone else, by the way, may have other motivations, like creating revenues for other areas of the same institution (like corporate finance).