Have you ever heard of the Yo-Yo market? What does it mean?

Yoyo Market is a slang word to express the volatility of the stocks’ price in a usually small period of time like a week, day, or even hours. In the yoyo market, security prices are continuously going up and down steeply, and the trend of the market whether it is bullish or bearish is indistinguishable. Therefore, it is very hard to investors to decide when to buy or sell the stocks. The example of these circumstances happened in 2015 when the market reacted to China’s slowing economy, crashing oil prices, and the prospect of higher interest rates.

Have you ever heard of the Yo-Yo market? What does it mean?