Extremely light volume.
The pullback again is characterized by extremely light volume.
Soon as downside put in and upside momentum kicks back in 2-3 big volume days could drive this to a new high.
We have inflation crashing ( 2.8% real time) likely 2 % by Sept, a phony fed lying ( or to be nicer - posturing ) about raising rates again, won't happen. Other countries already doing their dirty work , will keep a lid on those economies limiting competition worldwide for commodities pushing inflation down even further.
This stock loves lower rates and idea of lower rates.
Soon as we get 1 weak monthly jobs report, July , August, or Sept, Fed might even be cutting rates by Oct or Nov.
The about face of our inept fed will launch stocks like UPST and SOFI off a rocket pad, creating quickly vertical stock charts. $Upstart Holdings, Inc.(UPST)$
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