Ahhh, no. That's not the way it works. Trust me. There will be a short term gain. This is the third time I said that. From purchase orders that are already signed.
Why do you think there's supply chain problems aside from our ports being afu'd up? Because business with China, and all of Asia really, is "just in time" purchasing. Companies don't float cash or sign purchase orders based on today's prices for 24 months out.
But whatever.
Herd mentality will pop the stocks' prices, shorts will jump in, there'll be a little squeeze, and when the dust settles we'll be pretty damn close to where we were last week. How soon that happens depends on how high they go today.
Same story... different day.
Herd mentality trading on news.
Why do you think there's supply chain problems aside from our ports being afu'd up? Because business with China, and all of Asia really, is "just in time" purchasing. Companies don't float cash or sign purchase orders based on today's prices for 24 months out.
But whatever.
Herd mentality will pop the stocks' prices, shorts will jump in, there'll be a little squeeze, and when the dust settles we'll be pretty damn close to where we were last week. How soon that happens depends on how high they go today.
Same story... different day.
Herd mentality trading on news.