This is the usual activity of the looting manipulators of Wall St.
Wall St profits from volatility and they use every tool to make it happen.
They use the media, just as government uses the media, to instill fear and greed in shareholders.
They manipulate prices to instill fear and greed in shareholders.
They create 'stories' in the media to unethically increase demand (greed) or supply (fear) of shares.
(In small companies they use inside information that they receive using leverage on company insiders.)
When enough shareholders are on either buy side or sell side Wall St uses their legal powers to
manipulate prices to cheat the small shareholders of their investments.
They use paper indices where they can increase or decrease the supply at will to manipulate
prices of precious metals that they do not own.
They encourage shareholders to set 'stops' on their shares to 'protect against losses'
and Wall St has records of all such 'stops'.
This allows Wall St to 'run the stops' by driving prices sharply down during times when trading is slow.
The stops take effect and Wall St buys those shares (steals them) from the shareholders at low prices.
Then Wall St allows prices to 'recover'.
This can be seen every day in spikes of prices during the day (or night) that happen in minutes
and the 'closing' prices are not affected at all.
The market is a rigged game in favor of the thieves that run the market and their
accomplices in big businesses and in government, e.g., SEC.