Stocks Move Higher As Earnings Season Kicks Off

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The Dow jumped over 400 points at the open.

expectations well below estimates and set aside money for credit losses due to the coronavirus pandemic.beat revenue and profit estimatesRoku stock was up over 11% on Tuesday after it reported solid preliminary first quarter estimates, with revenue slated to beat expectations amid a“If first impressions are to be trusted, [earnings] could be messy,” according to a recent note from Bespoke Investment Group.

“This is just the tip of the iceberg, though, as the pace of reports will only pick up going forward. Despite the weakness in results, the one silver lining is that expectations couldn't be much lower, so that should help to set the bar incredibly low.”another dire forecast, predicting that the global economy will suffer the worst financial crisis since the Great Depression.

 

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If u need proof this stock market is a scam today would be that proof. There is no way in hell anybody would be buying stocks from inept corps. That's insane. Or rigged by the big players so u can place your sucker's bet.

Rule1..keep your family safe!!

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Source: CNBC - 🏆 12. / 72 Read more »

Stocks falter after their biggest week since 1974Stocks are opening lower on Wall Street following the biggest week for the market since 1974. Duh. We’re in the Great TrumpGOP Depression! This is as bullshit a lede as I have ever read, the “biggest week” was in the middle of a goddamned avalanche of stock values, it has been years since the market had its current value. Anyone thinking they're going back to values 4 months ago is going to have to wait a loooooong time.
Source: latimes - 🏆 11. / 82 Read more »