\- The fed has an estimated 87% chance to raise rates next week. With all the circlejerkin’ the hyperscalers are doing with the circular financing and AI, debt is through the roof. The market punishes debt heavily in high-rate environments. We have very minimal debt, and the big boys will be putting that money flowing out of high-debt and unprofitable stocks into profitable and low debt companies with secure financials. RDDT is that company.
\- RDDT’s recent price action ever since S&P inclusion has relatively inversed the S&P. If that trend continues and next week the hyperscalers and AI companies get hit hard, we should rocket. RDDT is THE people’s fight for human connection, as said by Spez. As cheesy as it is, I do believe this has caused Reddit to have a more-likely inverse relationship with AI/memory/chip movement as of late.
\- Anthropic discovery court ruling catalyst got delayed until next week (expected bullish outcome)
\- 9/9 was a higher low from 9/1, reversing recent trends
\- For the astrologists, RDDT just had a strong MACD crossover on the 1-month literally today.
\- We just received news that course-corrected the DAU narrative with August user growth, at least temporarily
\- We have a massive gap to fill back to 218-225 already
\- We have the catalysts, we have the amplifier with the short interest, we are a high beta stock already, and the market should be extra volatile next week with the rate situation
None of this is financial advice and all speculation, but guys $225 isn’t impossible by any means.
$225 by 9/18 or bust. Let’s ride 👉😎👉