am i the sick one in the head?
so i have been observing good news like great earnings and then after market opens the share price drops like crazy lol.... i know im noob but dman that defies logic
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Curious learner just like everyone else here. Training to be a Moo knight
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DwarfCo : Welcome to the stock market
101530290 : I also don't understand why the drop when it announced better than reported earnings
Penguin 101530290 : Beacuse Dimon said Bitcoin is worthless.
LeeDee : Because they already buy low and sell high by the time news are released. Not forgetting they are investors too…
LeeDee : Anyway before Covid, JPM highest price is $138-139 and assume business doesn’t change much, current price there’s still fat from QE…
wittleMoo OP LeeDee : I see, that makes sense ; I suppose it’s during uncertain market sentiment like this that one have to be extra careful!
LeeDee wittleMoo OP : Yes, try not to chase up… JPM is a good stock to buy (at Low price) with Tapering coming round the corner. Wait patiently for correction and buy the dip.