The selloff into the close is a bit ominous. But there will be less volume and it´s a holiday, meaning people are in a btter mood. I´d worry more about Monday to be honest.
The day in the life of a Rigetti $RGTI’s chief revenue officer (company generates no revenue with $8B valuation): walk into office, eat company catered breakfast, watch YouTube, pump stock on Reddit and X, look up at portrait of Trevor Milton, eat company catered lunch, shit talk quantum bulls pumping stock, sell $10M of stock, look at luxury vacation homes, go to office bathroom and jerk off, go on CNBC and pump more, talk to head of R&D who says tech likely won’t work, tell head of R&D “just don’t tell anyone, we fucking good, I’ll pump some more tmrw”, head home
Early in the week, Deutsche Bank released its S&P 500 forecasts, predicting 8,000 points for 2026.
D. Lakos-Bujas has set its base target for the end of 2026 for the S&P 500 SPX at 7,500 points.
Now, JPM is also calling for SPX to hit 8,000. They are expecting 2 more rate cuts and earnings growth of 13-15% over the next two years.
Rigetti ($RGTI), D-Wave ($QBTS), and IONQ ($IONQ) excluded from the current administration’s Project Genesis - dumbasses we’re begging for government bailouts and now they will be left to rot. ($9B market cap, less than $10M of revenue and $200M losses annually) only a matter of time before they burn through their cash reserves. Hope those scammers go to shit
bears are gay and always loose. You are being raped 4 years straight since Covid and guess what chances of new covid happening are low. What will you do wait for next Covid? :D