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mr.h said:
My god..everything I own is up double digits..could we be nearing the bottom?
On the other hand we have another big rate hike commin..
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We do have another rate hike coming. Yes. Also, if you think the market is too high, wait one day.
 
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Mikeiavelli said:
Another day of positive news for Mullen...

eletric-vehicles.com

Mullen says that filed over 130 patents in 24 countries for the Mullen FIVE model

Written by Cláudio Afonso | info@claudio-afonso.com | LinkedIn | Twitter Mullen Automotive announced on Wednesday that it has filed over 130 patents in 24 countries related to the interior/ exterio…
eletric-vehicles.com eletric-vehicles.com
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Didn't like this part:

According to a SEC form filed on Friday evening, Mullen Automotive CEO David Michery sold a total of 150,000 shares at an average price of $1.01017 on Wednesday, June 15. Since mid-March, Michery sold a total of 1.4 million shares. Following this sale, Mullen‘s CEO holds a total of 7.761.066 shares on the company.
 
Cryptical Envelopment said:
Didn't like this part:

According to a SEC form filed on Friday evening, Mullen Automotive CEO David Michery sold a total of 150,000 shares at an average price of $1.01017 on Wednesday, June 15. Since mid-March, Michery sold a total of 1.4 million shares. Following this sale, Mullen‘s CEO holds a total of 7.761.066 shares on the company.
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He's been selling little by little on a schedule. He still owns plenty of shares. Looking at past filings it seems like he may not take much of a salary. He's gotten quite a bunch of gifted one penny shares from the company over time.
 
Mikeiavelli said:
He's been selling little by little on a schedule. He still owns plenty of shares. Looking at past filings it seems like he may not take much of a salary. He's gotten quite a bunch of gifted one penny shares from the company over time.
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Dude sure knows how to sell the bottom :)
 
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Yesterday around 3:20 MULN was featured on Fox Business Network by an investor for a one minute quick discussion about their battery tech. Guy said he believes MULN has the longest range battery in the EV sector and is bullish on the company right now.
 
Since many of you might be tired of me being so bearish for so long, there are a few reasons to be a bit more optimistic, as the prices of oil, metals and lumber have all come down. Having written that, I am still not adding any risk.
 
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SpikeUM said:
Since many of you might be tired of me being so bearish for so long, there are a few reasons to be a bit more optimistic, as the prices of oil, metals and lumber have all come down. Having written that, I am still not adding any risk.
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We only expect you to be honest. Bull or bear. :)
 
SpikeUM said:
Since many of you might be tired of me being so bearish for so long, there are a few reasons to be a bit more optimistic, as the prices of oil, metals and lumber have all come down. Having written that, I am still not adding any risk.
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Copper 16 month low. Nickel and aluminum getting smacked hard.
 
CFLCane said:
Copper 16 month low. Nickel and aluminum getting smacked hard.
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Exactly. Historically, when metals, lumber and oil correct 10% or more, that is a sign of recession and the Fed needing to ease, which is a plus for the market. Right now, they are raising and doing QT at the same time.
 
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We are definitely in a bear mkt rally. We will soon see the Michigan Consumer Sentiment survey for June, at the top of the hour.
 
mr.h said:
We are definitely in a bear mkt rally. We will soon see the Michigan Consumer Sentiment survey for June, at the top of the hour.
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I want to see mfg index and durable goods. Already seeing a big decline in appetite in my line of work.
 
investor.galaxydigital.io

Galaxy Digital Enters into Automatic Share Purchase Plan

Galaxy Digital Holdings Ltd . (TSX: GLXY) ("Galaxy Digital" or "the Company"), a financial services and investment management innovator in the digital asset, cryptocurrency, and blockchain technology sectors, announced today that it has entered into an automatic share purchase plan ("ASPP") with...
investor.galaxydigital.io investor.galaxydigital.io
 
SpikeUM said:
Exactly. Historically, when metals, lumber and oil correct 10% or more, that is a sign of recession and the Fed needing to ease, which is a plus for the market. Right now, they are raising and doing QT at the same time.
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The Fed is still in QE mode. The Fed's balance sheet has grown over the last 30 days. The financial markets are addicted to QE.
 
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