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0 0 0.00281196189633645 -0.00949432078482177 -0.0047550591617826 -0.00322269790366667 0.00630321795864195 -0.0237121056539391
Stock impact report

How Unusual This Market Action Is [TheStreet.com]

Viking Therapeutics, Inc. (VKTX) 
Last viking therapeutics, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.vikingtherapeutics.com
Company Research Source: TheStreet.com
How Unusual This Market Action Is It is the Friday before a long weekend and volume is lighter and the FAANG names mixed but the algorithms are hard at work again and pushing things straight up. Breadth is better than 2 to 1 positive and new highs have expanded to around 150 but that is still quite light. Despite this huge move over the last five days the indices still have more work to do to make it back to highs. My friend Dan Rosenblum commented that 'the algos have changed everything. I am pretty sure we have never had a six day run like this in market history'. I believe Dan is correct and that most market participants fail to appreciate that face. That is because there are always so many market players that want to pretend that they saw it coming. They may not even be fully cognizant of how they rationalize the behavior but they try to take it in stride because that is the best way to deal with It. Over the fullness of time I think people will look back and appreciate t Show less Read more
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