{"id":505074,"date":"2025-10-16T20:54:14","date_gmt":"2025-10-16T20:54:14","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/505074\/"},"modified":"2025-10-16T20:54:14","modified_gmt":"2025-10-16T20:54:14","slug":"fedspeak-in-line-with-markets-view-on-rate-cuts","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/505074\/","title":{"rendered":"Fedspeak in line with market\u2019s view on rate cuts"},"content":{"rendered":"

Retail traders\u2019 favorite risky, speculative stocks are getting taken to the woodshed<\/a><\/p>\n

Call it the spec wreck.<\/p>\n

Speculative pockets of the market, featuring companies with no to low revenues, are getting clobbered on Thursday.<\/p>\n

There\u2019s no material news driving the price action in these groups, which have very different business models but a thing or two in common: most are names that retail traders love and\/or had displayed strong positive price momentum that now seems to have flipped on its head<\/b>. In other words, they\u2019re stocks with common owners, and that has given them common cause to act alike. <\/p>\n

In quantum computing, sentiment continues to sour<\/a> on the pure-play names in the space, with Rigetti Computing<\/a> off double digits and D-Wave Quantum<\/a>, IonQ<\/a>, and Quantum Computing<\/a> also sharply lower. Per SwaggyStocks, negative references to Rigetti have been running hotter than positive mentions on the r\/WallStreetBets subreddit for three consecutive days now. Twice as many puts have traded on Rigetti versus calls through 1:56 pm. ET.<\/p>\n

It\u2019s the same story in the crypto-adjacent space, where Riot<\/a> and MARA Holdings<\/a> are getting walloped.<\/p>\n

Zero-revenue Oklo<\/a>, whose market cap recently exceeded that of alternative energy giant First Solar<\/a>, has been hammered, along with peer Nuscale. Oklo\u2019s put\/call ratio had been averaging about 0.8 over the prior 10 sessions; that\u2019s up to about 1 today. <\/p>\n

Cipher Mining<\/a> and IREN, the crypto-miner-turned-data-center duo, are each seeing elevated selling pressure.<\/p>\n

Unfortunately, there\u2019s no turning to pot stocks to blunt the pain: Tilray<\/a> and Canopy Growth<\/a> are both off more than 5%, too.<\/p>\n

This broad speculative pain is short sellers\u2019 gain, as many of these stocks have high levels of short interest in light of their unproven business models and elevated valuations. A Goldman Sachs basket of the most shorted companies in the Russell 3000 is down more than 3% as of 2 p.m. ET.<\/p>\n","protected":false},"excerpt":{"rendered":"Retail traders\u2019 favorite risky, speculative stocks are getting taken to the woodshed Call it the spec wreck. Speculative…\n","protected":false},"author":2,"featured_media":505075,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3091],"tags":[51,2441,16,15],"class_list":{"0":"post-505074","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-markets","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115385838140388976","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/505074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=505074"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/505074\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/505075"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=505074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=505074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=505074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}