ALERT: SELL EVERYTHING OR HOLD BEFORE BIG EARNINGS?!?
In a Nutshell
Markets are derisking with a slight NASDAQ pullback (-0.14%) after a 20% rally in under a month, ahead of massive big tech earnings from Microsoft, Amazon, Meta, Alphabet (Wed), and Apple (Thu)—half of S&P 500 value at stake at all-time highs; sell or trim overbought positions like AMD (down 4%, after 84% gains) and Microsoft (down 5% on OpenAI news) to hold cash for potential correction. Micron stands out positively with 600% yearly gains, low 24.4x PE, and $700 target. Focus on fundamentals over hype: avoid overpaying for weakening names like Intel; join live streams for earnings and Fed updates.
These notes were generated by AI and may contain inaccuracies.
Active morning for a few stocks, almost everything except NASDAQ gapping down. Stocks gapping up on good news or gapping down.
Positive news about the market, yet markets selling off. Sunday after overnight hours, markets gapped up—rare, as past five to six weeks markets gapped down then recovered to green by Monday close. Straight vermouth closed Friday announcement, opened green Monday—different this time.
US offered possibility of talks, Iran considering—form of de-escalation. Could be factored in already. Larger time frames show aggressive push higher; celebrated end of Iran war multiple times, causing initial gap up, ceasefire, multiple ends of war, capped to new all-time highs overnight due to de-escalation. Markets digested news. Focus now on big tech earnings delivery.
NASDAQ up 20% in less than a month—one of biggest rallies since 2009. Markets retracing a little (down 0.14%). Discussed in live trading session why selling off despite no negative news—tune in via second link below at market open.
Big tech (Microsoft, Amazon, Meta, Alphabet) report after Wednesday close; Apple Thursday—half of S&P 500 valuation in 24 hours. Trading at all-time highs, factored in great news. If they don't deliver, market at elevated levels.
These companies print money: Microsoft, Amazon, Meta, Alphabet, Apple—Magnificent Seven. Tesla teeter-totter, low net income. Markets derisking, taking profits after best rally in short time. NASDAQ barely down 0.14% after 20% in 27-28 days, not aggressively making new highs.
Sign in to read the full notes
Get access to AI-generated notes, topic timestamps, and more.