Daily Poll: 80% companies are beating estimates？
According to the statistics, over 80% S&P 500 Companies rreporting earnings are beating estimates.
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Milk The Cow : Stock market Is out of control (unreasonable) = most likely dip![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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Junk company = shorted all the way...
Growth company also tio shorted...
Good company still fall but somehow able to tank a massive fall, I guess
SpyderCall Milk The Cow : Even with these good earnings there is uncertainty in the markets due to the interest rate hikes by the fed. Nobody knows how high they will hike interest rates so they dont know how to value a lot of companies in the stock market. Some companies are strongly effected by interest rates for future growth. This is the reason that 80% of the companies are having good earnings and the market is dipping. Because investors are pricing in rate hikes and they dont know how much downside to price in.
Milk The Cow SpyderCall :