NQ - 15 Minute ALGO Prop / Globex Thru Tuesday

Another O/N Stick Save and Prop for the TECH - Surprise again.

Cutting jobs outright a la' MSFT, or our new favorite - "we're
slowing Hiring Velocity"

Or this GEM - "Hiring Rate of Change will slow"

It's as though Uber Karen has stolen the Bullhorn and run off to
the nearest Comedy Clown Show.

Netflix is down 68% YTD, and password sharing and outright cancellations
will have skied again. We'll see if they Pull a Tesla and begin reporting
"Streams Delivered"...

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The Financial Media is searching for its 11th bottom, citing a "Pendulum
overestimating the Gloom..."

Patience, there is more to this EPS season silliness dead ahead.

Comment:

EPS - Tuesday, July 19, 2022

J&J (JNJ) 2.59 / 2.55 24.02B / 23.8B 458.47B

Novartis ADR (NVS) 1.56 / 1.52 12.78B / 12.93B 185.26B

Lockheed Martin (LMT) 6.32 / 6.34 15.45B / 15.99B 103.22B

Netflix (NFLX) -- / 2.96 -- / 8.03B 84.82B

Comment:

EPS - Wednesday, July 20, 2022

Tesla (TSLA) -- / 1.86 -- / 16.52B 747.9B

ASML ADR (ASML) -- / 3.69 -- / 5.65B 193.19B

Comment:

NFLX - Subscriber Losses Mount.