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edcoolidge

11/02/23 2:30 PM

#4939 RE: Emannow #4937

Today's move has nothing to do with RVNC fundamentals or any earnings leak. The U.S. 10 year Treasury yield is down about 5% after the FOMC meeting yesterday, which is driving long duration assets (like RVNC) higher.

I'm not bullish on Q3 earnings but the market will look past Q3 if the outlook for Q4 and beyond is strong.

As you said, social media is full of glowing reviews for Daxxify.