Stocks Are Likely To Drop After Amazon’s Massive Guidance Miss

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Stocks Are Likely To Drop After Amazon’s Massive Guidance Miss

investing.com2021-07-30

GDP had a big miss yesterday, coming in at 6.5%. Normally, that would be a great number, but when expectations were for 8.5%, that’s a huge miss. Pending home sales also came in weaker than expected, ...

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Dev240
·2021-07-30
Huh
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Shiyuntan
·2021-07-30
Market can't keep growing, it needs to breathe. The fundamentals of these companies do not change, only the growth may slowdown a little. Go for it when its PE is back to earth level.
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Brendanaw
·2021-07-30
Oh no
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1
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爱喝水的小猫猫
·2021-07-30
I wanna buy!
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3
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- Waeisiong:
  Gogogo
  2021-07-30
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CharlesKC
·2021-07-30
Oh
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2
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cheekychump
·2021-07-30
What a disappointment.
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3
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MrMickey
·2021-07-30
Oh no..thats a earthquake..
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Colin08
·2021-07-30
To the moon and back
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1
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Khoo12
·2021-07-30
Yup
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5
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Eric_Ooi
·2021-07-30
Hmmm
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4
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jerwy
·2021-07-30
wow
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8
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thekang
·2021-07-30
Please like and comment
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8
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- jerwy:
  ok
  2021-07-30
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TeslaLegend
·2021-07-30
Please like and comment. Thanks!
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7
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- thekang:
  like comment mine too
  2021-07-30
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- user1209:
  k
  2021-07-30
  Reply
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KingMount
·2021-07-30
Good. Amz hasn't been nice to their FBA sellers.
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Solid_Moon
·2021-07-30
To the moon
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- TeslaLegend:
  Nice
  2021-07-30
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catt
·2021-07-30
Ok
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HCLim
·2021-07-30
Like and share
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7
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- zero79:
  Will dip or set to fly
  2021-07-30
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nou
·2021-07-30
a
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6
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Nanzlau
·2021-07-30
Please like and comments
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- Blueman13:
  gonna be serious thinking
  2021-07-30
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ApacheFire
·2021-07-30
Missed missed lor…prices already moved to suchhigh level and should it now take a breather?
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- 我来啦你不要跑:
  Hmm
  2021-07-30
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- Jerkes:
  Maybe
  2021-07-30
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Normally, that would be a great number, but when expectations were for 8.5%, that’s a huge miss. Pending home sales also came in weaker than expected, ...</p>\n\n<a href=\"https://www.investing.com/analysis/stocks-are-likely-to-drop-after-amazons-massive-guidance-miss-200594792\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SPY","symbol_name":"标普500ETF","start_time":0,"source_url":"https://www.investing.com/analysis/stocks-are-likely-to-drop-after-amazons-massive-guidance-miss-200594792","article_id":"1101856581","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1101856581","pubTimestamp":1627626236,"sourceInfo":{"source_id":"lsy1594375853987","name":"英为财情Investing"},"weMediaInfo":null,"summary":"GDP had a big miss yesterday, coming in at 6.5%. 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The problem isn’t the economy; equity market valuations are too high to be supported by the weaker growth rates. Eventually, investors will realize that the Fed is about to embark on a tighter monetary policy, just as economic growth is normalizing to lower growth rates, while valuations are at historically very high levels.\nS&P 500\nThe S&P 500 hit resistance at the trend line and failed to hold it and not make a closing high. The momentum trends are still diverging, with the Advance/decline, RSI, and MACD all trending lower. At this point, I think we test the 50-day moving average at a minimum.\nS&P 500 Equal Weight\nMeanwhile, the equal-weight Guggenheim S&P 500 Equal Weight ETF tried to break out. Technically, it had a new closing high, but this is just too close to call. We need confirmation of a breakout.\nRSP Daily Chart\nAmazon\nAmazon.com reported results, with earnings beating but missing on revenue by almost 2%. On top of that, the company guided third-quarter revenue to $109 billion at the midpoint of the range vs. estimates of nearly $119 billion. AWS had revenue of $14.8 billion, which came in line with the high end of estimates. This is a big problem, when the street thought Amazon was going to grow revenue by almost 24% in the third quarter and guidance is for growth of around 14%, after growing by 27% in the second quarter. This will not be a one-day drop.\nAnyway, we knew bad things tend to happen when the stock RSI reaches a level near 80. The next level of support is around 3150.Amazon Inc Daily Chart\nFacebook\nFacebook was down 5% following itsresultsyesterday.The stock has a gap that needs to be filled at $355 which should offer some support.\nFacebook Inc Daily Chart","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":806340725,"gmtCreate":1627635638367,"gmtModify":1703493803814,"author":{"id":"3585469516664502","authorId":"3585469516664502","name":"Dev240","avatar":"https://static.tigerbbs.com/434320af45c587b9ca24b33fe091b493","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Huh","listText":"Huh","text":"Huh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806340725","repostId":1101856581,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806332030,"gmtCreate":1627631600520,"gmtModify":1703493725770,"author":{"id":"3577051774331259","authorId":"3577051774331259","name":"Shiyuntan","avatar":"https://static.tigerbbs.com/111febdce5ef8bc5bd05791c210b52a7","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Market can't keep growing, it needs to breathe.&nbsp; The fundamentals of these companies do not change,&nbsp; only the growth may slowdown a little.&nbsp; Go for it when its PE is back to earth level.&nbsp;&nbsp;","listText":"Market can't keep growing, it needs to breathe.&nbsp; The fundamentals of these companies do not change,&nbsp; only the growth may slowdown a little.&nbsp; Go for it when its PE is back to earth level.&nbsp;&nbsp;","text":"Market can't keep growing, it needs to breathe. The fundamentals of these companies do not change, only the growth may slowdown a little. Go for it when its PE is back to earth level.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806332030","repostId":1101856581,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806302026,"gmtCreate":1627629926665,"gmtModify":1703493696560,"author":{"id":"3584952687678718","authorId":"3584952687678718","name":"Brendanaw","avatar":"https://static.tigerbbs.com/b3e9ca472c19929bc0135244bac9d153","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Oh no","listText":"Oh no","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806302026","repostId":1101856581,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806303944,"gmtCreate":1627629594188,"gmtModify":1703493690798,"author":{"id":"3570566515210361","authorId":"3570566515210361","name":"爱喝水的小猫猫","avatar":"https://community-static.tradeup.com/news/4cb1028120ae10aa4278c8ea14d4ac8f","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":7,"crmLevelSwitch":1},"htmlText":"I wanna buy!","listText":"I wanna buy!","text":"I wanna buy!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/806303944","repostId":1101856581,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5377658,"gmtCreate":1627631472010,"gmtModify":1663231710126,"authorId":3581590310925129,"author":{"id":3581590310925129,"authorId":3581590310925129,"name":"Waeisiong","avatar":"https://static.tigerbbs.com/058e1e1ecb51258cff6ed86fb0c17292","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":806303944,"type":1,"supId":0,"prevId":0,"content":"Gogogo","text":"Gogogo","html":"Gogogo"}],"langContent":"EN"},{"id":806973870,"gmtCreate":1627628804590,"gmtModify":1703493677105,"author":{"id":"3549073802875734","authorId":"3549073802875734","name":"CharlesKC","avatar":"https://static.tigerbbs.com/0f4bb9a254d3f42b4b9e9aaa90e22be4","vip":1,"crmLevel":8,"crmLevelSwitch":0},"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806973870","repostId":1101856581,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806973378,"gmtCreate":1627628798394,"gmtModify":1703493676776,"author":{"id":"4090394775900830","authorId":"4090394775900830","name":"cheekychump","avatar":"https://static.tigerbbs.com/700f04fb627964f0ed78866f01a91401","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"What a disappointment.","listText":"What a disappointment.","text":"What a disappointment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806973378","repostId":1101856581,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806979005,"gmtCreate":1627628699807,"gmtModify":1703493674635,"author":{"id":"4090309360874260","authorId":"4090309360874260","name":"MrMickey","avatar":"https://static.tigerbbs.com/5d137eadf13a3efc8c27f7c63d864c7e","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Oh no..thats a earthquake..&nbsp;","listText":"Oh no..thats a earthquake..&nbsp;","text":"Oh no..thats a earthquake..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806979005","repostId":1101856581,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806947210,"gmtCreate":1627628522430,"gmtModify":1703493672149,"author":{"id":"4087627628112160","authorId":"4087627628112160","name":"Colin08","avatar":"https://static.tigerbbs.com/ab590c79f18062df60b11029eea8083d","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"To the moon and back","listText":"To the moon and back","text":"To the moon and back","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806947210","repostId":1101856581,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806945461,"gmtCreate":1627628376853,"gmtModify":1703493669989,"author":{"id":"3564738902623228","authorId":"3564738902623228","name":"Khoo12","avatar":"https://static.tigerbbs.com/a1637796379aeed1538616117eb09330","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"&nbsp;Yup","listText":"&nbsp;Yup","text":"Yup","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806945461","repostId":1101856581,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806942248,"gmtCreate":1627628264284,"gmtModify":1703493668156,"author":{"id":"3579878297464098","authorId":"3579878297464098","name":"Eric_Ooi","avatar":"https://static.tigerbbs.com/5bac8a0e30a6e13b664c4f5939e0dff9","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Hmmm","listText":"Hmmm","text":"Hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806942248","repostId":1101856581,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806943891,"gmtCreate":1627627887713,"gmtModify":1703493661196,"author":{"id":"3579412043719168","authorId":"3579412043719168","name":"jerwy","avatar":"https://static.tigerbbs.com/fdc16e3a47a2704d68f0ff55284feb48","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":1},"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/806943891","repostId":1101856581,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":806949023,"gmtCreate":1627627814562,"gmtModify":1703493659709,"author":{"id":"3579391473717940","authorId":"3579391473717940","name":"thekang","avatar":"https://static.tigerbbs.com/257a55b2b4eff5b143f883be20deac55","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Please 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