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researcher59

03/01/24 2:31 PM

#111246 RE: SSKILLZ1 #111243

S&P500 +43 to 5139, this market seems to be on steroids. Maybe it should get tested for PEDs ? If it keeps trending higher, at some point there's going to be a wave of profit taking that might serve as the catalyst for a major correction. A 10% pullback would be healthy for this overbought market, but it's a guessing game as to when it will happen.
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linuspop

03/15/24 11:31 AM

#111668 RE: SSKILLZ1 #111243

RMAX - I'm not sure how much of this was known and already factored into the price, but I think this agreement could certainly hurt a company like RMAX.

"Realtors Reach Settlement That Will Change How Americans Buy and Sell Homes
Groundbreaking $418 million legal agreement could drive down commission rates and shrink the number of real-estate agents"

https://www.wsj.com/real-estate/realtors-settlement-change-buy-sell-homes-da45eb23