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oooof... i have no freaking idea. supposedly the yen will stabilize, maybe start to strengthen over a long period of time, if takaichi wins with a large majority. her spending plans may be mostly priced in(?) if her win margin is smaller (and she has to form a coalition with other parties), OR she loses, the other candidates are promising more spending and tax cuts, investors will see that as more inflation ahead and could start dumping Japanese bonds, which would be bearish yen. BoJ has said they'll intervene if that happens, they have the US bonds and equities on hand to transfer to yen and buy those bonds back. my theory (although i have no way of knowing) is they have been pulling out of some of their market positions this week under guidance from the Treasury, but who knows... doing it all at one time would set off a panic. as for USD and yen, it could all fluctuate really quickly, especially bc of the China/Iran/Greenland/Euro tensions in the background
Yea it works. I just don't see it being a big business like it's priced at; especially when you have starlink who's already making money and is available now. We'll see how it plays out. It's been a great trading stock as I didn't get in the low 20s but getting in and out has been very profitable the last months
"Bad Bunny is unamerican. Puerto Rico has been a rogue nation for far too long. The United States must take Puerto Rico as the 53rd state for self defense." \- Mango during the Super Bowl
Benchmark has their price target to 700...yea this pump will continue
That's because it always has been.
their new rocket is delayed into 2027, market still has to digest it.
My boss is wanting way too much work done for a Friday with the stock market wilding like it has been
Get ready.  Literally every thing you used to enjoy now has to be cut out because your heart skips beats.  Fml.
starting at 8am, DXY has been dumping pretty aggressively from near-98 last night below yesterday's low, biggest drop on the 4hr since the last week of January good for equities and metals, as i've been saying. however, who knows if this is a fakeout, there is a lot of RSI to run on both the DXY and metals/equities, anything can happen now til close. metals have room to run A LOT, but DXY has room to reverse and go higher also. anyone's game.
Spy has been range bound since October
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