AMZN and AAPL earnings soon

Quote from nyxtrader:

Explain this genius, why did aapl get rocked last earnings season? They didn't beat by enough. That is why, they have a record of beating by 20 anything less than that is not looked at well.

Not to be a dick but I have forgotten more about earnings than you will ever know. I am just trying to help you out bro. Each stock has its own psycological profile and reacts differently to earnings.

Go back and read some of my previous post, 2 quarters ago I was short GS and made it public BEFORE the report BECAUSE i know what the fuck I am looking for.

LOL, BS. Apple got rocked their last earnings because their 2Q earnings estimate was 20 cents lower than analysts expected.
 
Quote from Pachoo:

LOL, BS. Apple got rocked their last earnings because their 2Q earnings estimate was 20 cents lower than analysts expected.

If my memory serves me correct they beat by .14 Last quarter. I am not at my own computer but I will verify later.
 
Quote from nyxtrader:

If my memory serves me correct they beat by .14 Last quarter. I am not at my own computer but I will verify later.
Yes, they beat their earnings estimate for the quarter BUT their forward looking earnings estimate for the 2nd quarter was twenty cents lower than analysts expected, which is why they sold off.
 
Quote from Pachoo:

Yes, they beat their earnings estimate for the quarter BUT their forward looking earnings estimate for the 2nd quarter was twenty cents lower than analysts expected, which is why they sold off.

That sure didn't help however if they would have beat by .25 they wouldn't have sold off. the only reason being, The company's guidance usually comes at or under certain targets and is deemed overly conservative.
 
Good job stock_trad3r,


AMZN = turd play
AAPL = turd play
TXN = turd play
VMW = turd play

Should you be a contrarian indicator now or what?
 
You can thank apple for guiding lower again. Thats one of the worst things you can do...guide lower.

otherwise it would probably be up 8 bucks

This was a tough earnings season.

Many stocks such as GE ISRG NFLX got destroyed.

AAPL is up though in premarket
 
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