Watch This Before It Reports Earnings Tomorrow...
These notes were generated by AI and may contain inaccuracies.
PLTR is wowing investors. Quick market update on companies reporting earnings tomorrow: PayPal, AMD. PayPal fundamentally looks good and undervalued, but technically getting destroyed. What's the point of investing if Wall Street doesn't like it?
Alphabet reports earnings after market closes Wednesday. Amazon reports Thursday after market closes. Watch the Magnificent Seven stocks. AMD and Super Micro are tech companies to watch.
Palantir killed it today with an amazing report and market reaction. Moved from lows of $146 to highs of $161, now trading around $160. Possible overbought reversal to short tomorrow? Tried shorting PLTR and found it challenging because Wall Street loves it. Some stocks are too resilient. PLTR is risky to short due to strong market sentiment.
Stock had downturns from $222 to lows of $149, then ripped back to $195. Closer to support than resistance based on previous highs and lows. No interest in shorting; not worth the risk.
Beat EPS by 9%, revenue by 5%. EPS up 79% year-over-year, revenue up 17%. Quarter-over-quarter: EPS up 19%, revenue up 19%. Not a good value stock; disagree with valuation at 321x earnings. Still aggressively growing company that walks the walk. Tolerates irrational valuations better. Net income and revenue growing; P/E ratio not as bad as before but still expensive.
Investing Pro shows exponential revenue growth, not just stock growth. Contrast with MSTR: doesn't make money, went from lows of a few dollars to highs of $543, now down 60%. Price performance doesn't mean good quality or sustainability without matching fundamentals. PLTR paints a different picture.
Markets at all-time highs support irrational valuations. Fundamentals don't fully align with premium, but Wall Street loves it. Give kudos where earned. Congratulations to PLTR investors; performed well today. No intention of shorting.
PayPal at top of radar tomorrow. Wanted to invest; price action incredibly oversold. Falling since highs of $93, now at $52, approaching previous lows.
Investing Pro fundamentals show huge upside: P/E ratio of 10, inexpensive vs. competitors. Revenue shows consistent growth. Fundamentals differ from technicals. Why doesn't Wall Street like PayPal? Dedicate time to learn the valid reason. Invest in good deals where fundamentals are good but technicals lag. Don't need lowest price, just fair price when price action improves.
Pay most attention tomorrow to learn from the discrepancy: price action terrible, bearish, no support, continues to sell off, but fundamentals fair. See if things turn around.
Exciting week: Alphabet, Amazon, Super Micro (tomorrow after close), AMD. Strategy (MicroStrategy) reporting Thursday after close. Proactive about shorting MSTR.
Excited if MSTR can trade at premium from Bitcoin holdings when falling apart. Average Bitcoin holdings price below current Bitcoin price. Close to critical point where things fall apart quicker. Already down from $500 to $140 per share; want all the way to $15-$20 or delisting.
What happens if forced to liquidate or sell? Potential FTX scandal for crypto market. Excited to learn more.
Ask questions in comments. Hope to keep up to date. Earned a thumbs up? Subscribe. See you for tomorrow's live trading session, second link in description. End the year on a green note.
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