zuzu99
2023-06-27

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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