Jul. 21 at 1:02 AM
$NBIS $FPS $INIO Nice a/h action. Algorithmic sell-off and overreaction to Meta, but combine that with sticky fed rates and high oil - what’s a girl to do? The solid names will rebound pretty quickly, and the adjacents will follow suit. I remember the move from 140 to 80 and I was wondering if I needed to speed dial my therapist. Not every stock is going to double once you buy it, and stocks that go up 300 or 400% tend to retrace. It doesn’t negate the narrative, but it is symptomatic of market action. Even the great secretariat came in fourth in his first race, but ended up being one of the greatest of all time.
The thing about being right in the first place is that you stand a great chance of being right in the end. No one can predict the ups and downs, but those with vision can tip the scale in their favor.
