Microsoft shares rise nearly 9% in pre-market trades following earnings report
- Thread starter Topper
- Start date
Quote from makloda:
AMZN & MSFT spoiling the long telegraphed Oct market crash?
Don´t forget about Capital One...too bad, earnings better than expected...CIT up + 10 % after managing to arrange with Goldman....Must be coincidence...
What I don't get is how MSFT, AMZN, AAPL have these 5-10% moves and the indexes barely move a bit. I understand the weighting is relatively miniscule, but the upside trigger for the broad market is extremely muted. Each successfully earnings is like shooting ducks. Such a slow moving bull.
Lately the trading risk is feeling more and more assymetrical. OF course, offset by the probability of a down move falling....
In contrast, if last year you had a 10% miss on a major stock, the market would be down 2%. Here we get the market up .2% on the same degree move up.
Lately the trading risk is feeling more and more assymetrical. OF course, offset by the probability of a down move falling....
In contrast, if last year you had a 10% miss on a major stock, the market would be down 2%. Here we get the market up .2% on the same degree move up.
The market is getting tired in my opinion. I think more risk than reward after most of these equities over the last 7 months are up over 100% some up HUNDREDS of PERCENT. I remember in 2007 when most companies were showing great results months later the markets topped and never came back.