Poorarnings! $Snap Inc(SNAP)$$

2022-07-24

Poorarnings!

$Snap Inc(SNAP)$$Meta Platforms, Inc.(META)$Thanks to Snap earnings honesty, not like Netflix, where narrative took over factuals.

Meta may miss the earnings by slightest margin. Guidance can be better. So HOLD for now. AMZN will disappoint further and guidance will be bad too and will have strong dollar impact. XOM and OXY will rock further.

However, given that next week has many significant economic events, markets will be extremely volatile. I would prefer early offload on Monday and BUY in the last session on Friday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Stocksnstuff
2022-07-24
Stocksnstuff
Great analysis
moliya
2022-07-24
moliya
all this earning will be down only
ZenInv
2022-07-24
ZenInv
It crashed others too
EvanHolt
2022-07-26
EvanHolt
Are you bullish on the tech sector in the second half?
Winston88
2022-07-24
Winston88
k
LifeLearner
2022-07-24
LifeLearner
nice

Leave a comment

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