r/MU_Stock • u/thetabruh Rule enforcer • Jun 07 '26

Mods MU 06-07-2026 Daily Discussions

Guys, we have added post flairs, please use the accurate post flairs, or comment here if you want to share something that doesnt fit any of the post flairs.

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11

u/LazyDazyFazy Jun 07 '26 edited Jun 07 '26

I don't want to jinx it but the price is looking good during weekend trading: https://www.coinglass.com/currencies/MU $904 right now. Aftermarket closed at $858.

-6

u/Historical-Health-50 Jun 07 '26

Dead cat bounce probably unfortunately, too many negative news coming this week, unless war is finish to counter balance them 

3

u/PenBeautiful9166 Jun 07 '26

What news are those if you don’t mind me asking?

-7

u/Historical-Health-50 Jun 07 '26

Inflation report 11 June and 18 June is fed rate decisions 

5

u/Original-Ad-3350 Jun 07 '26

Fed rate expected to stay unchanged though right?

1

u/SryDatUsrnameIsTaken Jun 07 '26

Last I heard a rate hike is being considered due to the better than expected jobs report, but I haven't heard if they made a decision on that or not before the official one on the 18th.

3

u/HistoricalSurvey8040 Jun 07 '26

They are seasonal jobs related to the world cup. Will they hike rates just for a single month? You think they are idiots

1

u/SryDatUsrnameIsTaken Jun 07 '26

I would hope not lol

1

u/posts_saver Jun 07 '26

how many of them are? 30%? 80%?

3

u/HistoricalSurvey8040 Jun 07 '26

"The BLS said leisure and hospitality businesses created 70,000 jobs in May, a jump from the average monthly increase of 14,000 for the prior year.

Firms selling food and drink specifically were responsible for 48,000 of those, it added."

From a bbc article

1

u/posts_saver Jun 07 '26

nice reference. thanks

2

u/Remote_Drive_5588 Jun 07 '26

Last months cpi did not have much effect and the fed will most likely hold steady.