The use of this term drives me insane.  I have asked many times for someone to explain who "THE MARKET" is.  Since nobody seems to be able to,  I will,  and I am ready for a bunch of new ignores.  The market is controlled by greedy global banking cartels that will do anything they can get away with to aquire companies' shares for as low a price as they can manipulate it down to.  The cr-p they get away with would put you or I in jail, but they put the moderators in place so their actions go unpunished.  The only way to make money trading is to accept this and try to think like them.   Good luck to all real investors.