Musky
2023-06-12

As u hv correctly said history is a guide. This time is goong to b different. So far the bears have been wrong because they r using the old model to evaluate the current situation which is quite different from the past.  One key point that most bears overlook is the strength of employment. US GDP is 2/3 dependent on the consumers. So long as people r gainfully employed, there will b no recession n housing market will not crash albeit business will stay slow in a high rate environment. To conclude, big tech n AI will continue to lead the mkt to new high. Once fed pivot the rest off the mkt will play catch up

S&P 500 Officially Enters Bull Market: Unstoppable Surge Or House Of Cards?

Apple historically tends to sandbag guidance to give themselves room to beat expectations, but lately, they haven't been able to deliver consistent earnings surprises. This is part of a broader trend that is worrying analysts, which is that changes in accruals are signaling that companies are potentially overstating reported earnings. There are a lot of incentives to do this with executives paid largely in stock. This tends to be corrected with a so-called "kitchen sink" strategy where companies or political leaders dump all the bad news at once rather than let it trickle out. I'm sure people have fun talking about a tech "singularity" on Reddit, but -2.5% EPS year-over-year is not exactly a black hole of endless profit growth. Why care about Apple?
S&P 500 Officially Enters Bull Market: Unstoppable Surge Or House Of Cards?

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.

Report

Comment（11）

  • Top
  • Latest
  • FemaleBuffet
    ·2023-06-13
    [smile] [smile] [smile] [Like]
    Reply
    Report
  • SG 88
    ·2023-06-13
    interesting
    Reply
    Report
  • Thomas8738
    ·2023-06-13
    ok
    Reply
    Report
  • kimkim51
    ·2023-06-13
    ok
    Reply
    Report
  • helen123456
    ·2023-06-13
    ok
    Reply
    Report
  • Wenyin
    ·2023-06-13
    K
    Reply
    Report
  • Kimlan
    ·2023-06-13
    ok
    Reply
    Report
  • eirsh
    ·2023-06-12
    ni n
    Reply
    Report
  • liyufighter
    ·2023-06-12
    👍
    Reply
    Report
  • pie888
    ·2023-06-12
    ok
    Reply
    Report
  • Kimlan
    ·2023-06-12
    ok
    Reply
    Report