Posted by DigiNomad on 28th of Jun 2024 at 03:33 pm
I didn't even think of this - even though it was a positive
market quarter, it was so narrow that net net we might see EOQ
selling to cover up losers that outpaced winners for the quarter
(by a lot). Makes total sense?
I imagine some funds are
So many charts that looks like garbage .... or weak ...
Posted by elementsix on 28th of Jun 2024 at 03:24 pm
I imagine some funds are using this opportunity to take profits and adjust risk profiles for the quarter end.
Losses, yes, profits are not
Posted by DigiNomad on 28th of Jun 2024 at 03:26 pm
Losses, yes, profits are not so much today. That's next week.
There are a LOT of losses to clean up this quarter...unless you nailed it and were in the 5 stocks that went higher (I'm exaggerating...a little)
I didn't even think of
Posted by DigiNomad on 28th of Jun 2024 at 03:33 pm
I didn't even think of this - even though it was a positive market quarter, it was so narrow that net net we might see EOQ selling to cover up losers that outpaced winners for the quarter (by a lot). Makes total sense?
Exactly. Looks like they ripped
Posted by elementsix on 28th of Jun 2024 at 03:49 pm
Exactly. Looks like they ripped the last bandaid off the losers about 15 mins ago...