Posted by fredsaid on 24th of Jul 2022 at 05:59 pm
The writing is on the wall imo. Even if they manage to
meet or slightly beat (which I'm betting most will NOT) you can bet
your last $ that guidance will either be a) Weak or b) Non existant
which is even worse - see also SNAP. Either way, this should
lead to negative nellys on CNBC and once again weakening into the
fed print Wednesday. The Fed will do 75 or 100, likely the
latter but assuming the back drop is per my expectation either way
it's going to be great news ! Here's what they will say.
If it's 75 basis point they will say that "inflation has
alteady topped so the fed no longer needs to be as aggressive" -
Yay Rally OR if it's 100 basis points (largest ever in the US) they
will say "the Fed is doing what's necessary and even if we have a
recession it will be short one" - Yay Rally. Gonna be a fun
week ! Let's makes some digits !
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Week Ahead
Posted by steve on 24th of Jul 2022 at 01:51 pm
Big week ahead: Roughly 40% of the NDX reports next week - pay attention to their guidance and reactions (at least for the short term)
Tuesday - $GOOGLand $MSFTearnings after the bell
Wednesday - FOMC interest rate decision @ 2PM with Powell speaking @ 2:30
Thursday - $AMZNand $AAPLearnings after the bell
Friday - Core PCE inflation
Interesting how Aapl and Fed
Posted by cozz101 on 25th of Jul 2022 at 08:36 am
Interesting how Aapl and Fed announcement come around the new moon which is more apt to occur on a market rally.
The writing is on the
Posted by fredsaid on 24th of Jul 2022 at 05:59 pm
The writing is on the wall imo. Even if they manage to meet or slightly beat (which I'm betting most will NOT) you can bet your last $ that guidance will either be a) Weak or b) Non existant which is even worse - see also SNAP. Either way, this should lead to negative nellys on CNBC and once again weakening into the fed print Wednesday. The Fed will do 75 or 100, likely the latter but assuming the back drop is per my expectation either way it's going to be great news ! Here's what they will say. If it's 75 basis point they will say that "inflation has alteady topped so the fed no longer needs to be as aggressive" - Yay Rally OR if it's 100 basis points (largest ever in the US) they will say "the Fed is doing what's necessary and even if we have a recession it will be short one" - Yay Rally. Gonna be a fun week ! Let's makes some digits !