Investing General Discussion

Sanrith Descartes

Sanrith Descartes

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<Gold Donor>
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Its that time folks. Expect some moves over the next week as pension fund etc have 2nd quarter rebalancing.
 
Jysin

Jysin

Bronze Baronet of the Realm
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Remember Nikola drama? It doesn't end.

14:34 $NKLA US officials in NY file superseding indictment against founder Trevor Milton, adding a new wire fraud charge - press
 
Gravel

Gravel

Mr. Poopybutthole
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Another green day, eh?

I feel like this is just driving the price up to take profits before the end of the month when new, shitty economic numbers come out before we drop another 10%.
 
C

Creslin

Trakanon Raider
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Gravel said:
Another green day, eh?

I feel like this is just driving the price up to take profits before the end of the month when new, shitty economic numbers come out before we drop another 10%.
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Jobless claims being so low makes a bigger rate hike more likely. Powell is very concerned with the wage price spiral. I wouldn’t be surprised to see another .75 or even 1.0 and then we will get our next big leg down.
 
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