With many A-list companies reporting earnings or already reported, it's normal to see market moves. However, after several power hitters like Google and Amazon and Netflix all report good/great earnings and the market continues to go down/prices disheartening lows. I mean in the case of GOOG/AMZN, there was literally NOTHING bad about their report, yet both fell still further. With AAPL and FB coming up, I'm really wondering what will happen there. Sparked a question in my investment circle that maybe powerful CEOs/heavy hitters are deliberately reporting weak outlooks to keep the prices falling, while they all accumulate millions of shares and profit when they report ridiculous earnings in the upcoming months to profit big time. Is this a feasible plan for those kinds of people?
That all said, I'm taking nasty hits on GOOGL, AMZN, NFLX, and FB right now. AAPL is still up big time for me. If FB and AAPL both report good earnings (Which means the stocks will tumble because #reasons) I'm going to be up tree. What does it take to make the market happy about FAANG again?
Submitted October 28, 2018 at 12:17AM by LSMaestro https://ift.tt/2CIy270
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