Market Mechanics: How Prices Move

Market makers, liquidity and what moves prices.

1. Market Makers & Liquidity — Who is on the other side of your trade, how market makers earn the bid-ask spread, what liquidity means for your costs, and real numbers showing how liquidity varies.
2. Supply & Demand — Why prices move: the balance between eager buyers and eager sellers, what shifts that balance, and two real earnings-day moves where the balance flipped overnight.
3. Bull vs. Bear Markets — What bull and bear markets are, how they are measured, what a long real bull market and a real bear market looked like, and how to act in each.
4. Corrections & Crashes — The difference between a pullback, a correction and a crash, real examples from 2025 and 2026, how long recoveries took, and how to prepare before the next one.
5. Market Breadth — How to tell whether a rally is broad or carried by a few giants, the main breadth measures, and real readings from our data at the 2025 and 2026 turns.