Very much the case around the world. Retail buying the dip and instos selling. All eyes are are on tarrifs across the world, but moreso the bond markets. Massive overleverage by the banks so they are shitting themselves and you know what they say, when 'America Sneezes the Whole world gets crook'.
Oh and then there is the fed... and the money is sitting there waiting just to pump into the system once again. I cannot see the fed not pumping it hard if it goes down. Overleveraged banks however cannot afford to see any fall, else they may be one of the first to fall in a crisis, so acting a little more responsibly at the present imo.
I couldn't think of a better time to jump on this personally, I'm holding off a little more cash atm hoping for a bit more of a drop in wbt despite also hoping a rise at the same time due to jumping quite low recently - greedy I know. Unfortunately earnings are out for large US tech and in many respects looking positive, so I may have missed a better position than now.
I call bs on the tarrifs and a fed put ready to go in the case of recession. Our market follows like a stray dog, so I see nothing but a huge opp looking at wbt progress and material results at this point. Eyes on for a chance to get in next wk, if not, it is another long happy hold.
Imo dyor
WBT Price at posting:
$1.87 Sentiment: Buy Disclosure: Held
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