Its called German gamblers and SA followers.
I have been saying over and over dont underestimate Algorithm trading. The computers latch on volitile share news. They scan the markets all the time. The Algos have settings that scan the news. The sad part is once Algos start working they create losses for ordenariry traders. We need to understand the stock market is rigged. As a day trader I trade in the 1 hour chart anythjng less the Algos going to kill you. Yet the authorities are happy with rigged markets it makes them more money. In a way this financial world is sick!