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S&P 500
5,477.90
(
0.16%
)
US TECH 100
19,148.40
(
-0.14%
)
Dow Jones
39,127.80
(
0.04%
)
Brent Oil
84.44
(
0.30%
)
Bitcoin
60,791.01
(
-1.65%
)
Post# of 796618
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LuLeVan

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LuLeVan

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Friday, 11/10/2023 11:22:47 AM

Friday, November 10, 2023 11:22:47 AM

Post# of 796618
So what happened, why are prices falling?

My explanation: there is a lack of news. When the Lamberth news came in quick succession, even "Motley Fool" took notice and drummed up more suckers to get in. The fools out there are mostly buying Fannie commons because they don't know about the existence of JPS and possibly even Freddie. This has led to the outperformance of Fannie commons.

When the news density drops, they sell because the momentum dries up and there are no greater fools to pass the stock on to. It's that simple.
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