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Express News | Shares of Oil and Gas Stocks Are Trading Lower Despite Middle East Tensions. Weak US Economic Data May Be Weighing on Demand Outlook
Earnings Call Summary | Lightbridge(LTBR.US) Q2 2024 Earnings Conference
Lightbridge | 10-Q: Q2 2024 Earnings Report
Lightbridge GAAP EPS of -$0.17
Express News | Lightbridge Provides Business Update and Announces Second Quarter 2024 Financial Results
Express News | Lightbridge Q2 Net Income USD -2.4 Million
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cheerfulknight : Hi, is commodities heading up after rate cuts? With the full unwinding of JPY in the near term and coupled with interest rate cuts, USD will depreciate and stock market would drop too?
iamiam OP cheerfulknight : when the markets drop, everything drops. commodities recover faster and stronger. there is a new round of price discovery coming. for the first time in nearly 50 years, everything will be adjusted.
do I think everything will drop initially in the new price discovery? yes.
do I know when the new price discovery will take place? no, although I can guess September at the BRICS meeting.
I just know I want to hold commodities because they trade 1:1, nvidia, for example, trades at 40 times profit to earnings. which one gets sold first during price discovery
cheerfulknight : What is your analysis for QQQ and SPY today?
iamiam OP cheerfulknight : today, Friday the 6th? flattish to down. I don't like anything yet.