What it is:
Yo-yo is slang describing volatility in the.
How it works (Example):
Why it Matters:
Yo-yos famously go up and down, though their owners usually think that is fun. In the trading world, yo-yo markets are rarely fun -- they create aof stress for investors, who worry their are going to lose value suddenly.
However, yo-yo markets also present tremendous opportunity, because what goes down often comes, just like a yo-yo (unless, of course, the string comes off or gets tangled, which euphemistically can happen in the trading world, too).