>>20471958Yeah, because it wasn't as bad as expected. It was surpassed yesterday by NVDA.
MSFT is the true King and I hope it stays like that for the time being. Maybe in the future NVDA's rise might be justified, they are frontrunning it so hard, it is insane.
The whole market is completely fucked up. That pump last friday in the last 20 mins. That could not have happened earlier? That fake dump after PCE? This option bullshit has fucked the market entirely. Just like yesterday when it started acting aggressive at around 15:20. 15:20 and 15:40 EST is often when they start moving fast. And the closer the time to the end of the session the more retarded it gets, regularly. Intraday movements get completely negated til closing like monday and tuesday. Or last week tuesday, wednesday and thursday they sell off in the aftermarket. Fucked up tactics.
Also picrel. Bank of Canada cut yesterday and I thought, don't their prices rise exorbitantly? Wanted to look for data of may 28th and there also is what I thought of.
Their industry+commodity prices increase further and further on mom and they start cutting and allegedly will cut 100 bps this year.