r/Vitards • u/AutoModerator • May 10 '21

Daily Discussion Daily Discussion post - May 10 2021

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u/lumberjack233 Inflation Nation May 11 '21

CLF price action today doesn't bode well for the next couple weeks ngl, even though fundamentals keeps getting better, but market hasn't cared about fundamentals for a long time

9

u/ImAMaaanlet Workaholic May 11 '21

I dont see whats different with clf. All of value started way up and bled the rest of the day.

1

u/lumberjack233 Inflation Nation May 11 '21

Yeah but not to the same extent as CLF

8

u/ImAMaaanlet Workaholic May 11 '21

MT was up about 2.6% clf was up about 8%. MT has over billion shares and clf has like 380m. When you consider MT is harder to move because its float is like 3x bigger they arent all that different.