Fiverr and ups beat earning estimates and tank like a mofo.
Iām so livid. What the heck is going on??? How are you supposed to read the market anymore?
Fiverr and ups beat earning estimates and tank like a mofo.
Iām so livid. What the heck is going on??? How are you supposed to read the market anymore?
I dunno bro. Iām happy markets are tanking. So each to their own I guess.
Good buying opp ofcourse. But for those counting on good earningsā¦itās crazy whatās going on.
Unless youāre beating estimates in triple digits, itās gonna tank.
Not to mention this pre market malarky is so unfair to the common investor!!
Aaarhh Iām so p155ed off!
Just wait for the yo-yo bounce back in a week or two.
These past months the swings have been insane. +5% week to a -5% week, since may.
Hold that nerve
I agree, stressing me out the level P/Es are sitting at. But VHYL is sitting at a P/E of under 15. So it looks more attractive to me right now. Buts itās hard to tell, it really is. So Iāll just stick to cost averaging, and see what happens. Luckily I have a lot of money to put in VHYL right now based on self balancing into the pie
I know what youāre saying guys, but all reasoning is out the window. Itās becoming increasingly difficult to buy anything based on facts.
Itās like people get emo and drop stocks like a bad habit lol
If it makes you feel better Iām down Ā£2k today across my stocks from yesterday.
Doesnāt help with KEFI and KOD taking a battering too.
I have faith theyāll all bounce back so nothing I can do.
Iām assuming US stocks are going to be all over the place until Nov 3rd and we might see a spike.
So many panic sellers, someone is getting rich. Good day for topping up if you have the funds
Well iām far from an expert but I have a couple of Asian stocks that are holding, may be that is the way to go for a while.
@phildawson I am down 2 k too.
Hopefully they do bounce back. But some are election result dependant I think.
Shame all my money is tied up lol
Not to mention EU stocks get battered twice. Once with eu news then again when US market drops cos of the overlapping market times.
I heard they want the overlap to Stop
well am glad it aint just me . Ive lost over Ā£3.5k since I attempted companies rather than sticking with currencies. So basically most of my profits from currencies has died on these companies Lesson learntā¦
Market is mental mate. Good stocks like Etsy and Pinterest, Iām wondering do I drop it before the earnings? Cos if they donāt beat estimates by triple digits, itās gonna tank.
Who would ever think that in the past!
Jeez
The kicker is, they surge at pre market and those privileged people who have access to pre market, make thier dosh and move on.
Itās what happens with ups today. Surged 7 percent and opened to us normys at minus 7 percent lol
Dude ive just cut all my losses and gone back to currencies. Least I know what they are doing and where they are at etc. ive always found companies too hard as you need so much info and you need an inside man as its so much different to currencies.
Think youāre right about that. Itās probably what happened with Fiverr yesterday. Dropped 6 percent for no reason day before earnings
Exactly. ive seen the pattern so much, Comes in the market at Ā£7 as soon as it goes live its at Ā£30 like wtf. So yea am done with them. The last straw was Piedmounth Lithium. Like how do u win a massive contract and still tank
The dip today is probably due to the secod wave of Covid-19, the proximity of the election and maybe even the lack of the additional stimulus in the USA.
They not giving anymore stimulus ? F**k what they going to do ?
Yeha I get the blip but some stocks are doing well. So itās not like across the board they went down.
1.Blip only seems to affect those who donāt have access to pre market lol
Second wave has been going on for weeks. US havnt even finished the first wave yet
Elections, yeah fair enough. And the stimulus has been hanging for weeks.
Also, maybe a dumb comment. But hey, 1st time the virus hit we were unprepared. Second wave, surely the powers at be know it can be handled better? Whatās the panic about. Not to mention if itās supposed to take the same sentiments as the first time, why are stay at home stocks dying ?
Stillā¦ why would a decent company best earning estimates by 100 percent and still tank.
Point is, reading the market now requires a crystal ball. All analysts are probably thinking about removing the āystā from their titles now
This may sound a bit controversial, but on YouTube we in the UK get the PM and others reporting how bad Covid-19 is and implementing lockdowns, Iām in a Tier3 at the moment.
If you read the comments a lot are totally against all these lockdowns and restrictions saying it isnāt as bad as being made out.
I agree people have and are dying from C-19 but they are putting other deaths down to it as well, this alters the figures.
People who die from other ailments are being recorded as C-19 deaths, some doctors in hospitals have asked why they have to record the death as C-19 when it isnāt.
I am not one who falls for these wild theories but this time I do think something is going on worldwide and C-19 is the story they are sticking to.
I used to read the comments of people saying these things and thought they were just against the government but lately Iām beginning to thing otherwise. Rant over.