The S&P 500 and NASDAQ sold off hard on Wednesday (after 25+ basis points of Fed cuts) but bounced Thursday due to short-covering; market participation is only ~50% of normal, making it easier for the 'plunge protection team' to control pricing and keep markets artificially elevated.
factualpending
Speaker
Bubba (Todd Horwitz)Evidence Quote
“the NASDAQ was up like 300 and closed down like 200 on on Wednesday...there's a lack of participation and there's a lot of you know call it what you want the big the fancy term here is the plunge protection team [27:23]”
Source
Todd 'Bubba' Horwitz on China, Gold, The Problem With the Markets + Emperor Metals CEO Interview— Resource TalksCreated: 8/12/2026, 6:40:34 PM
My Notes
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