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[Nine_Ender]

Well yesterday there we're talks and post regarding how market had good probability of higher prior to the good earnings come out and us rallying...

Today ES Daily hit major resistance and the target that was posted yesterday prior to earnings and we had bad earnings. So, not claiming that the earnings didn't effect price, but certainly shows larger players are positioning themselves prior to the news coming out.

Well the large players knew earnings were going to be good for the majority of companies. Sometimes you need to understand the fundamentals not just look at charts.

 

[Nine_Ender]

No, I literally don't read any news related to markets, other than what I see from others posting that are hyper focused on it.

You should though; you seem to be kind of set in your ways.

 

[xandman]

She may be just long 3 FB stocks.... A lot traders trade small volumes. Trading is free game to play.

Gets much better. She is fund manager and regular contributor to CNBC. See the tears? That's for investors leaving her.

 

[RedSun]

I do not watch media much and I just remember her. The host lady now looks worse than before.

With all the retail trading and the options, I'll see the same going to happen more often. 20% is not really new. All of them get more room to go down. Good luck to Bill Ackman's buying dip of NFLX.

FB just lost $200BB market cap. That hurts. Add Twitter, Snap and more. A lot of blood bath.

 

[OptionsOptionsOptions]

Mark Zuckerberg is a one-hit wonder

 

[RedSun]

Mark should be still happy to come from a poor student. Wall Street rewarded him.

$BB are just some numbers. He does not even need $BB to live.

 

[vanzandt]

How does this change the market?

Stoney...

This is a bold call, but I'm gonna go ahead and say it.
FB is at $323.50. I'm sure it will run into the close, so I don't know where the high will be today during rh's, but I think it's gonna drop on earnings. I don't care what everyone else is saying. I think it's going down. Maybe even below $300.

Here's the plan. If it crashes tomorrow, it'll take SNAP with it. If we can get SNAP down another 10% tomorrow, like $28ish, that will be a buy. SNAP reports tomorrow night and I think the analysts low balled the estimates this time. They'll blow it away. It could $37 by Friday.

Like I said, bold call I know.
We shall see.

 

[ktm]

The ADP number was -300K this AM after expecting a positive number. There's some speculation the Friday non-farm payroll number could be negative also. A bit of a shock, but how does the market react? Given potential rate hikes coming, crappy news could be good for fewer hikes in 2022. All I'm betting on is more uncertainty and volatility.

 

[Coner1980]

meta is beta

buy buy buy

Buying it will be good?

 

[Concinnity]

Well the large players knew earnings were going to be good for the majority of companies. Sometimes you need to understand the fundamentals not just look at charts.

Well it's a lot easier for me to look at a chart and see the probabilities of how they are likely positioned, than it is for me to find news or try to analyze companies fundamentals. I am just after consistency and speaking from a day trading perspective.

Sometimes stocks due to the opposite of their earnings anyways, so personally can't rely on that or news. Maybe you're better at that than me. Just personally prefer to focus on the chart only (again for my personal consistency).