Posted by DigiNomad on 24th of Apr 2024 at 03:36 pm
META - out of all the revenue growth projections scheduled to be
updated this week and next, META blows them all out of the water.
The bull parade should be in full effect after the close - I
think they'll crush. But at some point will the market be ok with
only META, MSFT and GOOG to fawn over? We'll see. NVDA
obviously has to watch out...AAPL just announced they are going
after their lunch and you know all the other mega techs have the
exact same plans. No one ever keeps that big of an edge for very
long.
EPS grew 76% over the last year and is expected to grow 26%
annually for the next 5 years. No idea how they managed 76%.
Must be very very well positioned under the Government trough. They
are mainlining Gov cheese...just not exactly sure how (I did sign
some Fed contracts with them back in the day, but not huge
ones...but I'm sure they exist).
Posted by DigiNomad on 24th of Apr 2024 at 04:26 pm
Me too. I just allocated to it for the 1st time in a long time.
Missed the generational bottom after spotting it but then waiting
for a pullback that never showed up. Hoping for additional
weakness to add. The fundamentals are pretty epic. Nice report.
This is like a GOOG or MSFT for me. Core holding potential.
Small core allocation that I can trade around with the STS
systems and other triggers.
Posted by DigiNomad on 24th of Apr 2024 at 04:24 pm
SPX - I was very surprised that they didn't come after the zero
DTE degens at some point in the after hours and blow them out of
the water. Nothing has really escalated except during RTH.
If this ramps down overnight, that could change....lots of 0
DTE peeps gonna wake up with margin calls or just empty accounts if
there's a major move outside of trading hours. Their was very
little fear going into the close, but we are still in a negative
gamma environment.
Posted by DigiNomad on 24th of Apr 2024 at 04:06 pm
This could be an EPIC reversal - they beat and the initial
reaction is down 10% ish.
This market is actually predictable - TSLA went ballistic on
horrible earnings and META got crushed (so far) on pretty great
numbers. They're punishing logic, as usual (when the market
is in this mode, which happens periodically). Thank God the market
beat the urge to be logical going into earnings out of me years
ago. It's important to know the market mood.
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META - out of all
Posted by DigiNomad on 24th of Apr 2024 at 03:36 pm
META - out of all the revenue growth projections scheduled to be updated this week and next, META blows them all out of the water. The bull parade should be in full effect after the close - I think they'll crush. But at some point will the market be ok with only META, MSFT and GOOG to fawn over? We'll see. NVDA obviously has to watch out...AAPL just announced they are going after their lunch and you know all the other mega techs have the exact same plans. No one ever keeps that big of an edge for very long.
EPS grew 76% over the last year and is expected to grow 26% annually for the next 5 years. No idea how they managed 76%. Must be very very well positioned under the Government trough. They are mainlining Gov cheese...just not exactly sure how (I did sign some Fed contracts with them back in the day, but not huge ones...but I'm sure they exist).
yep, but also funny how
Posted by matt on 24th of Apr 2024 at 04:17 pm
yep, but also funny how technicals ultimately end up playing out - we were looking for the bounce to form a lower high in the market anyway
Lovin' the smackdown
Posted by shellson2 on 24th of Apr 2024 at 04:24 pm
Lovin' the smackdown
Me too. I just allocated
Posted by DigiNomad on 24th of Apr 2024 at 04:26 pm
Me too. I just allocated to it for the 1st time in a long time. Missed the generational bottom after spotting it but then waiting for a pullback that never showed up. Hoping for additional weakness to add. The fundamentals are pretty epic. Nice report.
This is like a GOOG or MSFT for me. Core holding potential. Small core allocation that I can trade around with the STS systems and other triggers.
Off-sets my IBM...
Posted by shellson2 on 24th of Apr 2024 at 04:25 pm
Off-sets my IBM...
SPX - I was very
Posted by DigiNomad on 24th of Apr 2024 at 04:24 pm
SPX - I was very surprised that they didn't come after the zero DTE degens at some point in the after hours and blow them out of the water. Nothing has really escalated except during RTH. If this ramps down overnight, that could change....lots of 0 DTE peeps gonna wake up with margin calls or just empty accounts if there's a major move outside of trading hours. Their was very little fear going into the close, but we are still in a negative gamma environment.
This could be an EPIC
Posted by DigiNomad on 24th of Apr 2024 at 04:06 pm
This could be an EPIC reversal - they beat and the initial reaction is down 10% ish.
This market is actually predictable - TSLA went ballistic on horrible earnings and META got crushed (so far) on pretty great numbers. They're punishing logic, as usual (when the market is in this mode, which happens periodically). Thank God the market beat the urge to be logical going into earnings out of me years ago. It's important to know the market mood.