I love hearing people say, at current spot prices. Today the...

I love hearing people say, at current spot prices. Today the price is ‘x’.

we all know the market used to be forward looking, so what the hell happened? The stock market was never reactive like this. If prices are due to be 1500/2000 at the end of the year, why aren’t we moving based on those projections?

how can nvidia and other tech stocks move 100-400 billion in market cap in single days, but resource and commodity stocks, which have valuations at 30 year lows, not gain a single goddamn thing?

Berkshire Hathaway for the first time ever is holding 160/180 billion in cash. Is everyone still waiting on the sidelines for the recession or the US tech correction?
Or are they all just waiting for rates to finally start coming down?

this is the first time in 7 years trading where I’ve seen our dogshit asx market become so illiquid it can’t find a base anywhere.

you would have sworn lithium had a three mile island or Fukushima disaster. Its died to the point where all future or certain supply is not coming online. I will never trust a commodity that is 95% controlled by China again. I’m just lost with this shit. All I want is a bottom. Keep us at 37 cents, but to fall every week when spod and carb price stopped falling months ago is mind boggling