Lance Roberts: SPCX correction may continue as early unlock looms

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6 hours ago

Lance Roberts: SPCX correction may continue as early unlock looms — SPCX faces unlock risks ahead

Lance Roberts highlights that while SPCX has corrected in recent days, the move may not be complete.

Roberts points to an accelerated early unlock for SPCX starting in August and extending through year-end, suggesting this development is worth monitoring. He also notes that a separate unlock related to Elon is expected in June of next year.

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Roberts previously observed that the S&P 500 is up over 10 percent for the year while U.S. retail investor sentiment remains negative, according to a recent note. He also pointed out that the main market focus shifted to a rewritten FOMC statement after investors had expected steady rates, as reported in another recent update. These observations provide context for the latest developments around SPCX.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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