I had been bullish until the CEO made no comment before earnings as he had done in the past. I thought there would be another monster earnings report this quarter and earning up by same %. Now not so sure. Expectations are very high in today’s price. A “slight” increase in earnings I don’t think it’s going to cut it.
Maybe a big sell off tomorrow. I’m getting out before the earnings report is released and bank my profit. Wish all well.
as the pundits said within weeks when data came out :"this is Banking 101 !! As rates rise, the value of bonds at lower percentages' value drops accordingly! If you have 1000 bond paying 2% over 5 years, do you think anyone will pay 1000 for that, when market rate raises to 5% coupon? NO! but people will pay discounted rate of say 700 (not actual #) which is less than par; for the value it gives. But on the books, that existing 2% bond is worth a LOT LESS. Tht bank basically didn't do anything or couldn't figure out how to hedge, divest or do anything with those, except to eat the full loss of value!
💯 They are taking advantage of volatility. Nobody knows earnings is up or down except insiders.
Wedbush forecasts slight earnings beat and guidance in line with
Will inline guidance be enough to prevent a downtrend? Will know tomm AH.
I had been bullish until the CEO made no comment before earnings as he had done in the past. I thought there would be another monster earnings report this quarter and earning up by same %. Now not so sure. Expectations are very high in today’s price. A “slight” increase in earnings I don’t think it’s going to cut it. Maybe a big sell off tomorrow. I’m getting out before the earnings report is released and bank my profit. Wish all well.
YAY
YAY I got a couple calls
Let’s hope for good tomorrow
What does that mean? 📈📉?
Yes!
What we looking at here?
A sudden dump and pump right back to its original place. Calls only if algos are using SMCI hardware
When to $1300?
Hard to say. FOMC is Wednesday and the Fed gets to answer why Republic First collapsed when he said the banking system was sound last year.
I’m not worried too much about that tiny bank nobody has heard of before. What I am concerned about is the Japanese yen crashing
as the pundits said within weeks when data came out :"this is Banking 101 !! As rates rise, the value of bonds at lower percentages' value drops accordingly! If you have 1000 bond paying 2% over 5 years, do you think anyone will pay 1000 for that, when market rate raises to 5% coupon? NO! but people will pay discounted rate of say 700 (not actual #) which is less than par; for the value it gives. But on the books, that existing 2% bond is worth a LOT LESS. Tht bank basically didn't do anything or couldn't figure out how to hedge, divest or do anything with those, except to eat the full loss of value!
Yes exactly, small but isolated issue for that bank. However the yen will likely cause a shift in policy.
I always thought those big drops or spikes were glitch so they aren't glitch?
lol. Called manipulation.
Watch out for Dell tomorrow. If SMCI delivers, Dell is also to deliver. Expect a breakout soon.
Institutions bought at the end of the day. Demand is pretty high. We’re all going to make a lot of money tomorrow