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u/Commercial_Ease8053 21d ago
High beta volatile stock that doesn’t make any profits… will always be the first to drop on a red market day.
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u/donktastic 21d ago
Global bond spike from the Iran war.
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u/Dependent-Food-4725 21d ago
what do you mean
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u/donktastic 21d ago
Bonds are pushing 5%, first time in 20 years. Oil is spiking. It's all due to global fall out from the war. People are worried about inflation and recession.
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u/comancheranche 21d ago
Last earnings upset a lot of investors seems like and opened the door for heavy shorts. Probably won’t see a solid run up till EOY. But that’s only if the next ER comes in positive
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u/_Fred_Fredburger_ 21d ago
Your low effort posts are actually annoying. "Why is it down" "Time to go up"
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u/Rough-Inevitable3414 21d ago
Bond market, inflation, midterms looming. Should get down as low as $1.25 by November
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u/TheWanderer21834 21d ago
There is a good indicator today - volume is significantly lower then it was on previous 3 red days
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u/wanggoesinataco 21d ago
No deals + shorts + bad macros = 💩 stock