Up 304% on my $AAPL Calls
I bet it was
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For stock reaction, it's shaping up to be the best earnings season in 9 yearsCompanies that reported earnings have seen their stocks rise 1.12 percent on average, according to Bespoke Investment Group. Any no one is concerned about missing revenues, lower guidance or slowing growth... Yeah, that seems reeeeally sustainable Investeraren Stock markets a joke really. Missing revenues etc . Stocks are soaring from already sky high levels. Its a joke. Stocks has Nothing to do with earnings, profit or business anymore. Its just an algofest Almost 100 companies report earnings on Tuesday:
Source: CNBC - 🏆 12. / 72 Read more »
Amazon added a first-ever warning about counterfeit products to its earnings reportAmazon is finally warning investors of one of the biggest problems facing its online marketplace: counterfeit products. Approximately 22 Veterans a day commit suicide. Would at least 22 of my Twitter friends please copy and tweet? (Not RT). 💥💥💥Veterans Crisis Line 800-273-8255 $AMZN isn't sustainable. Stiffing vendors and selling counterfeit products won't work in the long run. They say they have a zero tolerance policy, yet even when they have a ton of reviews saying a product is counterfeit, they continue to sell it. So, a zero tolerance policy in theory only.
Source: CNBC - 🏆 12. / 72 Read more »
Don’t Obsess Over the Earnings SeasonEarnings are overrated. As we reach the halfway point in the S&P 500’s fourth-quarter earnings season, investors are obsessing over financial reports and downgraded profit forecasts. Here’s a heresy: This doesn’t matter nearly as much as people think. jmackin2 This is going to end well, don't you think? jmackin2 Look! A deer!! jmackin2 With so stocks bought back, so much indebtedness of the USA corporations, EPS is a fake figure. Don't fall in the trap.
Source: WSJ - 🏆 98. / 63 Read more »
Trump's combative State of the Union 'left traders empty handed' — markets are mixed as traders await GM earnings, FedUS futures are lower. Traders had little to digest in Trump's State of the Union and are awaiting Fed chairman Jerome Powell's comments later today.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Clorox investors enjoying best earnings-day stock performance in 11 yearsClorox investors are cleaning up, as a profit beat and a surprise increase in gross margin, as well as an increased stake by investment giant BlackRock Inc., helped propel the consumer products company’s stock to the best earnings-day performance in 11 years. Clorox. Sounds like a horrible industrial waste disaster, like Bhopal
Source: MarketWatch - 🏆 3. / 97 Read more »