Hi RangerRay...seems to be the case. Things going good in market, so far.... Earnings are scary! Lol.... Hope MSFT and Tesla do good after the bell this afternoon for good effect tomorrow!
My guess is that this isn't something that will spook the market.
Scott Harrison
Senatobia, MS
Hi RangerRay...seems to be the case. Things going good in market, so far.... Earnings are scary! Lol.... Hope MSFT and Tesla do good after the bell this afternoon for good effect tomorrow!
Don't take my comments as trading advice /IFT: 4-1-24=100G/https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
Reducing Exposure a bit & Reallocating some ..going to 20S, 20C, adding 5I and 35F, 20G
Don't take my comments as trading advice /IFT: 4-1-24=100G/https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
Earlier today, I heard someone on FBN and also Ira Epstein mention that it's not good to be in market during earnings period. The person on FBN said it's typically a time when pros buy the rumor (of good earnings) and sell the news (when good actuals announced). I have also heard Dez on Grok trade mention it as well, over this past year. I've never really paid great attention to that, but maybe I should. Microsoft had great earnings after the bell, but stock is down in after hours trading. Curious how Tesla is doin....hummm....
Don't take my comments as trading advice /IFT: 4-1-24=100G/https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
Here is article that describes how Microsoft stock went up after hours on good news on earnings (Microsoft beat on earnings estimates) and throughout night, but then dropped 1-hour after morning trading started. Hummm.....Buy the rumor, drive up price over night and then sell as soon as the regular Joe's start buying... eeeee...
Best wishes to you all! .. Futures up 48 right now...
https://seekingalpha.com/news/359445...gacaps-for-day
Earnings beat
https://finance.yahoo.com/news/micro...132008488.html
https://finance.yahoo.com/news/micro...175605155.html
A little more on why the drop...good article and list of important earnings reports next week
https://www.zacks.com/commentary/101...arnings-season
Last edited by DreamboatAnnie; 07-23-2020 at 08:26 PM.
Don't take my comments as trading advice /IFT: 4-1-24=100G/https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
Intel did the same today. Great report and sell the news. Hmm?
Sticky pants deployed! . I would like to exit, but with current exposure of 45% in equities and my strategy parameters not violated, I am using Gorilla glue. I feel comfortable with allocation.
Best wishes to Everyone on your Investments and Wishing you* a Great Weekend!
Don't take my comments as trading advice /IFT: 4-1-24=100G/https://www.theepochtimes.com/ & http://www.ewg.org/PermaCharts@p430#5159/strategy#4918p.410
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
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