Post by
ScroogeMcDuck1 on Jun 17, 2024 3:17pm
Can someone explain
I don't understand massive free fall of all income stocks in a week, after the cut. Is this because people expect the economy to weaken faster than the cuts can prop things up? Alot of stocks started acting wierd. Today nxr is 4 times volume and has collapsed, but with loads of recent insider buys. Is there large scale manipulation happening to scoop things up before rates go down more? Nothing is behaving like any time in 2024 right now. Explain theories, please
Comment by
garyreins on Jun 17, 2024 3:22pm
The only theory I got which you heard is that foreign investors are exiting due to currency risk. These trds have been in freefall since the cut, the exact opposite you thought would happen
Comment by
ScroogeMcDuck1 on Jun 17, 2024 3:24pm
Amber on bnn was asking a guest on Friday and his only explanation was herd mentality