@KennyZufall The sell off can be attributed to private credit downgrade by Moody's. Most lenders impacted especially LATAM exposed ones
https://t.co/Lezcrq0MfU
@KennyZufall@WinnerInvestor@EO_Farmer@the_sofi_stan Thanks for the response, no bottom in sight basically. I attribute the 15% drop to the rising ten year yield and drop in tech revenue. But your theory makes sense as well
@rokajoska I would have waited till tmr to close, would be cheaper then to close. I sold 17 apr $25 strikes for .05. Cuz when it rips it can get quite violent, so playing it safe
$rkt looks like that's some distribution at $23. Expecting selloff at market open, let's see where the price ends today before further price prediction
@MaironCoin Sure but where's the demand for refinancing or new purchases if rates melt up.. strange shit man. Reminds me of earlier this year when $rkt was stuck in $13s, rates went up and price just went bonkers till $22. No reason whatsoever just pure sentiment. Do you track $xhb?Same move