What's happening to the stock market?
Stock beats earnings, raises guidance, stock is down 10% Snap misses earnings, still up 23% WTF is up with the markets lately?
Snap is still below IPO price though. I think it was oversold because people overestimated how many shares employees were going to sell upon lock out expiration. As far as the market is concerned, everyone is worried that the end of quantitive easing will bring about a correction. Money is probably flowing out of the market and moving into hedging tools. I also had a couple of stocks that beat but still dropped.
Market is propped up by QE, as soon (if ever) that ends larger correction is likely
The DOW was at 7,000 back in 2009. It has over TRIPLED since then. We are due for a huge correction....even the business media (who always screams buy), has some voices. Unless you see Trump push both tax reform and infrastructure spending...market is dropping 25% easy in the next year. (this is all personal opinion)
I sold out of AMZN before earnings, and into IAU, TGT and a foreign fund (Cuz USD is going DOWN)
Just do whatever the opposite of what Goldman Sachs says to do publicly
Lol but good strategy
I do opposite of what Cramer says been good so far
This is what happened in the markets recently: 1. Same things as always, then 2. Confused investors like you started looking for answers You'll find this cycle repeats itself
Stock price up or down is not relative to company target, but is relative to market expectations. Company said earnings were going to be 100, market expects 150, so the stock price is based on 150, company beats earning with 120, stock price goes down. The same thing happens to snap.