This is an interesting one. You hear so much about things being priced in, but it is clear neither the stimulus being rejected, the corona second wave, or the election was priced in.
I would say, much of optimism was priced in, example, AMZN , crushed estimates, drops in AH.
TSLA also by some claimed they crushed expectations, no movement.
That is the sole criticism on this cloud/wfh/remote stocks, the valuation went sky high, that even monster beat doesnāt necessarily move it, as it is expected.
So imagine what happens on first Q where they fail to crush, or maybe slip and miss? Bloodbath is what comes to my mind.
Price of silver down 5% this week to the USD. Gold down 2%. In combination with lockdown fears. Mining stocks are looking good to me. First Majestic Silver (AG) and Pan American Silver (PAAS) are my picks.
Really a russian roulette game with earnings right now. Do you buy peloton now for its earnings next week? itās gonna beat estimates no doubt, but investors will put it against a covid surge and it will probably dropā¦or will it?
God knows
but here is the thing, Covid is here to stay for the foreseeable futureā¦ atleast another quarter. so most likely the earnings will be beat next quarter tooā¦ so whats with the dumping?
head spinner!
I just logged on to my bank, I got a popup message warning about fake HMRC phone calls, I know itās off topic but just a heads up.
Iām in the UK by the way.
Liveperson, beat earnings by 287 percent, as did overstock. Both tanked . Overstock died 15 percent, liveperson 8 so far.
They are looking at sustainability but it just doesnāt make sense because any earnings in this year would be covid influenced. So why would the likes of Pinterest and snapsh*t be any different? Cos they beat earning by and additional 30 percent? So you have to be in the 300s for investors to be happy?
But blackline beat it by 120, in the cyberspace arena. Goes up 6%
Lol
Personally, I think itās the greed of big time investors, to dump stocks cause a panic and a snowball effect only to buy it all over again.
The problem with earnings is the climate we have ,currently they have nothing historically to compare it toā¦
how can I the company give you a forecast of what Iām going to look like in a monthās time and world leaders canāt tell you and the reason most companies are beating estimates is because the estimated outcomes that have been made are so low because of the crisis weāre having companies are beating it by far.
At the moment earnings aināt worth anything so the only way to know what a company is going to do is to read graphs I guess
I think this is really stupid.
So Boris announces lockdown
ocado stock shoots up. Obviously as people stay indoors, grocery delivery might go up etc
fine
What happens when itās earning time for ocado.
Are the stocks gonna drop because āhey your earnings are covid related and you wouldnāt have beaten eps by 200 percent of it wasnāt for covidā?
When I started to shop for my groceries online I skipped Ocado they were too expensive.
Iām on a pension so I went for Iceland, Asda and Morrisons, I have an Asda shop coming next week.
I posted earlier all their slots were full so I that was the only one available.
People are doing more online shopping no doubt.
yes but that doesnāt make it a bad investment, for example Ocado are selling their robot technology to Coles supermarkets in Australia and will come online in 2023, just think how many supermarkets in the world will be potential targets for the robot tech to move them online.
Iām not sure what you mean, there is a lockdown and covid and some stocks will benefit from this in the short term, itās obvious this will happen and not stupid or surprising.
@trader787 I get the feeling you skimmed the thread.
Itās about the strange post earning drops of stay home stocks because Investors donāt believe that the earning would be what they are if it wasnāt for covid. So they talk about whether the earnings beat is sustainable.
ah ok, well as I mentioned earlier in the thread I believe stock prices are pretty much random so not surprised anything can happen, paypal just dropping now after hours for instance which seems like it would make no sense to many.
