Nasdaq futures not looking pretty. Amd hard to believe it's earnings season already.
Aaaand we're green on all the indexes.Eh, futes down half a percent. This has happened repeatedly in recent weeks, only for the dip buyers to push us back into green by market close.
The TACO conviction is strong these days. No one believes any of this will stick.
The money is fake and as a result a large number of publicly traded companies survive only on passive flows from the indexes. Personally I wouldn't hold total market because such a large % of companies are walking dead. Winners are consolidating IMO as we get to the end of the road with current monetary regime. How that looks after the transition I dunno, but I wouldn't bet on bad companies being revitalized during creative destruction. My 2cI fucking hope so. I've been in total market funds forever, and for the last half decade they just feel like a drag on my portfolio. Kept considering switching to an S&P or QQQ type fund, but figured the smaller guys would eventually get their due.
MP up another 20% this morning on this news
edit: +30%
I sold mine when it hit the 30s a while back. Totally forgot I had bought some for my daughter's custodial account (along with PLTR) so never sold it. Needless to say, her account is having a pretty damn good year so far.Fuck MP. I bought and held that for a few years and sold it a few weeks ago on a whim cause it wasn’t doing much. Still made 30% or so on it but would’ve been 120% today if I hadn’t done that. Fuckers.