You are so right.
They are fighting the breakouts coming – their worthless tech stocks against PM / commodity complex – and the battle is intensifying – where any strength in the macro past this point will trigger unstoppable long-term moves.
Stocks were up but they had to bang them back down because PMs are threating to trigger noticeable capital rotation breakouts – which would bring a flood of new capital into the sector.
This will come despite their best efforts – it’s just a matter of time.
Markets always return to the mean/sanity.
Cheers all