Moonshot
2022-08-07

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] 

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Comments

  • matthew_more
    2022-08-07
    matthew_more
    Me too, is a FIRE practitioner, I scrimp on every cents to achieve that goal. It is a personal choice and FIRE is NOT for everyone.
    And i share my tips and tricks in my youtube channel sgFIREmovement.
  • Thalos
    2022-08-07
    Thalos
    Not all stocks respond to the fact sheet of earnings. I observe only high volatility around the earnings, then everything else depends on market sentiment
  • 第N次大变革大分流
    2022-08-07
    第N次大变革大分流
    可能还涨几天
  • lucash
    2022-08-07
    lucash
    thanks for sharing!
  • 涵涵hh
    2022-08-07
    涵涵hh
    Tks for sharing
  • sugizoi4u
    2022-08-07
    sugizoi4u
    Thanks for sharing
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