By skyforbes Edit: GXC***
The title. Look at UUUU, LIT, ZIJMY, MP…. across the board plummet. Is there a play here on the mineral investor lag / spy overreacting? Or just another broken bubble?
This addresses the plummet, but the explanation isn’t totally consistent to me. Either minerals still got kneecapped, so the deal isn’t substantive enough for a SPY rally… OR the whole mineral thing got resolved and there’s both a mineral and SPY rally.
https://www.investors.com/news/rare-earth-stocks-sink-us-china-trade-deal-three-explanations/
Edit: I’m pointing out the DISCREPANCY btwn the spy reaction and mineral reactions to headlines yesterday. If I wanted a regurgitated explanation for why minerals MIGHT go down, I would’ve asked chatgpt.