people cannot be freaking out

Pinkspider

05-17

people cannot be freaking out over Moodys

everything down after hours is a function of algos that have to trade on headlines

this is not a market where people leave $NVDA because the US Debt is deemed unsustainable by a credit agency

could we see a pullback after a major +18% on $SPX gain over the past month?

of course, but that’s because it’s healthy to consolidate

not because people want to buy Japanese debt with a 240% debt to GDP ratio over US debt

this continues to be a covered call market but I don’t think Moodys is the bear case everyone was looking for

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