Michael Burry thinks big ETFs are causing unrelated stocks to move in synch, destroying price discovery. I used to follow that sort of thing more closely, but I forget exactly the mechanism for how.
this post was submitted on 14 Mar 2026
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I mean...
Two different companies that are in the same field have a lot of other variable for stock price..
Just going off the name, I'd assume Rocket/Space Labs are connected? That would explain why they're similar.
Because the most important thing about stocks, is the only thing the price is based on, is what someone will pay. Our entire economic system is based on hype and at this point has become more of a sociology question than traditional financial decision about the health of the company and the balance sheets.
We're at the natural conclusion of 80s go-go Reaganomics, so you can't expect logic to be useful in market predictions. Especially with the rise of 401ks ensuring no matter what happens, people consistently keep buying stocks no matter the price or predictions.
It's propping up our entire economic system and if any generation ever decides to start wide scale opting out of 401ks we're all fucked.
Rocket lab and Planet Labs are not connected, as far as I know. One is a launch provider, and the other a satellite imaging company. I guess Planet may use Rocket lab's launchers, but I believe that is the extent of their connection.