Some of these rallies are so fast and so far they act like we are back pre Ukrain raid and the inflation spike let alone the slow down. Frothy market with speculation so look to fade some extended ones
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@momomiester the crazy spec was just put on pause.10 dollar stocks are back to being pump and dumps. The Fed has broken markets. Everyone is still partying like it's 1999. What we don't need is more cheap money from the Fed and that's exactly what they are doing. Lower interest rates will reinflate the fomo in housing. All they are doing is delaying the inevitable. Things are broken and congress is spending more money they don't have like that is going to help. We went full retard after the pandemic and have not looked back.
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