United States

When you need to worry about stock market manipulation

I told you in Tuesday’s column that last week’s Wall Street rally was nonsense and that it had nothing to do with the progress in the trade talks with China. Stock prices really rose sharply last week because it was one of those options-expiration periods and traders were manipulating the market higher. This week, there’s no need for such manipulation — and stock prices plummeted on Tuesday. The Dow rallied yesterday, but not the other indexes. What you really have to worry about is when manipulating the market lower becomes more profitable for Wall Street. Then you are really going to feel the pain. Share this:FacebookTwitter Flipboard WhatsAppEmailCopy ...