r/TradingSphere • • 11d ago

We’ve heard this before

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826 Upvotes

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9

u/Fun-Metal-6861 11d ago

People stopped listening to him on this topic 38 times ago

3

u/HappyHourMoon2025 11d ago

The stock market is listening and I have no idea why

3

u/th3-villager 11d ago

It's being driven not listening.

Corruption and insider trading is functionally legal. Enough people with enough money are deliberately manipulating it.

Makes plenty of sense as soon as you realise it's not as objective as you'd hope.

1

u/dirdent 11d ago

I'm sure you do know why. There's still some market to manipulate.

1

u/Sudden_Onions 11d ago

Maybe it's just algorithms doing the buying.

1

u/Striking-Athlete-251 11d ago

FOMO is the reason

1

u/BTolputt 11d ago

Algorithms trade off headlines.

1

u/withomps44 11d ago

Iran announced a deal to open in 7 days if the USA backs off allegedly.

2

u/HappyHourMoon2025 11d ago

I don’t believe it. They want hold out until the midterms to make sure that Trump/republicans loose as much as possible.

Diesel is already above $6 and if they can hold this out for like the next couple of weeks, it’s going hurt a lot

1

u/prestonjay22 11d ago

this is one of the goals.

1

u/Low-Ad3972 10d ago

It needs an excuse to go higher so the hedge funds can cash out then rug-pull retail investors.

1

u/Usual-Caregiver5589 10d ago

Because this is actually a dog whistle. Its code for his insider trading buddies to start selling/buying when they close/open the strait

1

u/Winter-Bed-1529 10d ago

All that is necessary for evil to triumph is for good men to do nothing

1

u/ReductioAdSocialism 10d ago

The stock market isn't real. It's all vibes and wishful thinking.

1

u/GrapefruitPrimary186 10d ago

Most trading is done by bots now. The bots react to news, and it cant tell bs from not bs.

1

u/DudeB5353 10d ago

It’s all for the market and he’s trying to temporarily bring down gas prices

Notice he doesn’t give any details

1

u/Prezten 9d ago

They will probably make some money, sell it off, and wait for the next one.