Moonshot
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Fundamentals supporting current market bullish trend are totally unfounded. Companies earnings reported for this month are made for the previous period before the announcement of rate hikes hence it shouldn't be use as a yardstick for future earnings. In fact, Micheal is right, it is a last hurray before earnings start to go south so investors should be beware. [sigh]
Silliness Is Back: Michael Burry’s Latest Tweet Warns of Further Market Downturn
This article felt just like keep on looking into the rear mirror while driving at 90 miles an hour. What is relevant here are the next sets of economic data which will determine the scale of increase. Essentially the takeaway is fed are not going to back down this time. Should start to load up on defensive stocks and say goodbye to meme apes. [Sly]
Fed Officials Saw Need to Slow Rate-Hike Pace “At Some Point”
PPI report is still showing growth and jobless claim is soaring. I don't believe that Fed will slow down on what they are doing. They would have to choose between rescuing the economy or totally remove the high inflation before it gets permanently entrenched. It's a choice between the blue pill or the red pill. What will you choose? [serious]
Don't Expect Peak Inflation to Silence the Fed's Hawkish Squawks
Pure BS. None of these happened before covid so the real reason is due to the greed of corporation. They retrench workers, reduce investment when demand is low and when demand returns, they jack up the prices, shouting that they had to do this because they can't coup with the demand. If they keep their workers but reduce their salary in line with economy, none of these will happen. [Angry]
The Era of Expensive Oil Is Here to Stay
Cheap? Their P/B is much more than both Warner bros and Disney and it is cheap? If subscribers growth is stagnant then to grow cashflow is to increase monthly subscription fees. When that happens, we can expect further deterioration of subscriber base hence lower valuation. Sorry but I don't buy their argument. I will be a fool if I do. [Duh]
Netflix Shares Rose 28.6% Last Month, But the Stock Is Still Cheap
Very soon they will be begging people to come back to their theme parks. If major news outlet reported people start cutting back on discretionary spending and start to proportion more to food and energy, these "non essential" services will decline. Expected to see this in the next 2 earnings quarter. [Sad]
Disney Annual Passes May Not Be Coming Back Anytime Soon
Pump and dump. Nice try. It is not the fundamentals investors worried but the very fact that BABA is holding hundreds of millions personal credit data in PRC which will inevitably cause security concern when their "real books" are opened up to SEC auditors. Same as didi as they also hold chunks of personal credit data which are deemed as "national security".
Alibaba: Be Greedy When Others Are Fearful
Smart move but consumers will be in deeper shit by paying more in the form of indirect taxes. XOM capture carbon during their production process (compensated by inflation reduction act) but when consumers expended oil, carbon will be created hence now the ball is in our court. It's the same as big pharma, they got plp addicted to opioid and then produced medication to treat "opioid disorder"
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Market fluctuation on a daily basis is normal. We don't take a week of market performance to judge a long term trend. In higher interest rate environment, we can expect future corporate earnings to be lower hence translate into even lower valuation for the current heady prices. In another word, stock prices will recorrect itself when everyone run out of weed.
Why the Stock Market Isn't 'Getting Smoked' as Fed Signals It's Ready to Supersize Interest Rate Hikes
Nonsense. Stock split doesn't change the fundamentals of the company instead they introduce more volatility due to the lower price. With media craze baron like Elon musk, investors must beware of more wild swing and irrational period of trading on TSLA [Sweats]
Own Tesla Stock? You'll Have More Shares After the Stock Split
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