It is an amazing effort, the same around every EPS Season.
Lowering Guidance repeatedly while failing to make it widespread panic.
Discounted Future Earnings via Yields, while managing to swim itself out the Abyss... remarkable.
Semiconductors had an Abysmal Q3. INTC's report was a comedy all its own, after lowering guidance to Analysts 3 times... they finally managed a number @ 1.11 for the Chinese Wall, only to exceed it by 60 Cents @ 1.71 - Surprise @ 53.61%.
Whee... but but but.... it was Wang Chung'd during Globex.
The result of this nonsense - INTC was sold wholesale from 56.07 to 50.75.
by the way, can you pls explain me the concept of 401k Ponzi Friday contributions?? i think @hungry_hippo mentioned that]]
thxx
HK_L61
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@jozzhy324, Dunno, sounds like a Reddit creation.
micquan
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I am expecting NQ not to perform well today and after today but surprisingly it's holding up rather well - there should be some panic by now. What is giving this strong support?
HK_L61
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@micquan, See ratio above... TNX pulling back as indicated... but this chart. NQ can GO ON to make NEW ATHS.
thanks for all your work
by the way, can you pls explain me the concept of 401k Ponzi Friday contributions?? i think @hungry_hippo mentioned that]]
thxx