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You were excited about this quarter from MSFT? Interesting.MSFT with a strong quarter. Awaiting conference call for guidance:
Microsoft beats on earnings as cloud unit shows strong growth
Microsoft saw a slowdown in Azure growth during a quarter in which it took a $1.2 billion charge for layoffs, lease consolidations and hardware lineup changes.www.cnbc.com
Inflation has been negative for the past 3-4 months. Great Q by MSFT.....once again!
My POV:
Answering my second question maybe the key to finding your next investment opportunity. I hope you are enjoying your investment in LABU. I will try to continue to steer you in the right direction.
Thanks for the insight. T-6 inflation annualized is 1.8% I believe. Wait til march. Wasnt the march 2022 reading 1.2%? Which means if it comes in at .2% or lower it’ll knock a full point off the headline number
This guy has no idea what he is talking about. we have an inverted yield curve which is a leading indicator of a recession.
+1
Already had the recession. The curve is now inverted due to the Fed and the bond market calling their bluff. Read and learn. The economist that literally wrote the paper on the inverted yield curve says no dice this time. LOL!
www.bloomberg.com
We already know what oer prints will be since theyre so lagged. And that makes up around 1/3 of cpi
FYI - up about 60% on YINN. :)
Very true. Even if inflation magically became 10% tomorrow, the CPI will still go down for the next 6 months or so. LOL!
People see and hear what they want.Already had the recession. The curve is now inverted due to the Fed and the bond market calling their bluff. Read and learn. The economist that literally wrote the paper on the inverted yield curve says no dice this time. LOL!
Economist Says His Indicator That Predicted Eight US Recessions Is Wrong This Year
Economist Campbell Harvey has had a winning track record since he showed in his dissertation at the University of Chicago decades ago that the shape of the bond yield curve was linked to the path of US economic activity.
No. Lot's of resistance for S&P 500 here at this level. It needs decisively break out here for the golden cross to come true. I don't see it happening.
I was wondering what you were even responding to with my reply from awhile back lol.
What are the expectations? Normally, that's what really matters. A "not as bad as feared bad report" can still pop the stock. However, TSLA has bounced nicely since the recent bottom. Guessing this stuff is hard! :)
My short-terms play continue to be LABU, SOXL, YINN, and NUGT. I'm thinking about a few other precious or rare metal plays. I believe that market will continue to be hot, so leverage is the way to go.
Yup, I looked this morning and figured things would keep dropping. About a hour ago I got some more Apple and Amazon was lower this morning. I've been DCAing them for the last few months. Also picked up some AMD today. All are planned for long term holds for me.Interesting day. I guess I should have bought in the morning!
FMV update on MSFT, still significantly undervalued:
Microsoft Earnings Results Solid Despite Caution on Revenue, Cloud Business
Trimming fair value estimate on Microsoft stock to $310; shares attractive.www.morningstar.com
Ya, will be interesting to see if the bear's back off the mindset that earnings projections need to come down.Nice double beat for TSLA:
Tesla reports record revenue and beats on earnings
Electric vehicle maker Tesla reported earnings after the bell. Here are the results.
Overall, the earnings season has started strong. Large majority of S&P 500 companies beating expectations.
In other news, huge buyback for CVX:
Chevron announces $75 billion stock buyback, dividend boost
The plan comes after a massive year for energy stocks, as a reopened U.S. economy and Russia's invasion of Ukraine combined to drive oil prices hire in 2022
No, they double beat by juicing the regulatory credits. Operating cash flow was down 29% from last year, and down 36% from last quarter, coming in at $3.28 billion.
One of the super bears on CNBC grudgingly admitted that earnings have been good so far. Funny stuff!
Both are good companies but consumer debt is really high and delinquencies are expected to rise as well.V with solid earnings after the bell. V/MA are my faves in that space. Just payment processors in my eyes, not fintech.
I think I mentioned 180-185 was an area of support awhile back…think it went as low as 175. It’s had a nice run off the lows. Same with MA. Good economy or bad, people will use their CCs. No credit risk on their end either.
Stocks making the biggest moves after hours: Intel, Visa, Hasbro and more
These are the stocks posting the largest moves in after-hours trading.
Nice Q for V. It's high on most of my growth funds/etfs.V with solid earnings after the bell. V/MA are my faves in that space. Just payment processors in my eyes, not fintech.
I think I mentioned 180-185 was an area of support awhile back…think it went as low as 175. It’s had a nice run off the lows. Same with MA. Good economy or bad, people will use their CCs. No credit risk on their end either.
Stocks making the biggest moves after hours: Intel, Visa, Hasbro and more
These are the stocks posting the largest moves in after-hours trading.
Yea but like I said they don’t carry the credit risk which is why I like them. They’re just processing the transactions. The banks like Citi or whomever that back the cards are the ones who carry the credit risk. AMEX carries credit risk too IIRC but they go for a higher credit quality customer.
The bear is getting nervous. LOL!
