Is Earnings Season Still King?
$Marriott International (MAR.US)$ $Tesla (TSLA.US)$ $Meta Platforms (META.US)$ $NVIDIA (NVDA.US)$ $Amazon (AMZN.US)$ $Apple (AAPL.US)$ $Alphabet-C (GOOG.US)$ $Microsoft (MSFT.US)$ $Super Micro Computer (SMCI.US)$ $Taiwan Semiconductor (TSM.US)$ $Broadcom (AVGO.US)$ $iShares Russell 2000 ETF (IWM.US)$
It's baffling how the stock market seems to operate these days. I mean, you'd think a company posting stellar earnings would send its stock soaring, right? But it's like watching a magician pull a rabbit out of a hat, only to have it vanish a moment later. Some of these big-name companies report record profits, and their stock price takes a nosedive. It's enough to make you question everything you thought you knew about investing.
* Take Marriott $Marriott International (MAR.US)$ for an example. Amazing second quarter result but look at its stock now!
I get the feeling that the market's more about following the herd than about fundamentals. It's like a giant game of telephone, where whispers from hedge funds and big-money investors become roars that everyone else blindly follows.While I respect their knowledge and resources, it's frustrating to see how little the average investor seems to matter.
And don't even get me started on small-cap stocks. It's like they're playing hide-and-seek. One day, a sector is hot, and the next, it's ice cold. It's incredibly difficult to spot the next big thing before everyone else piles in.
Honestly, it feels like the market's more about psychology than economics these days. It's a rollercoaster that's impossible to predict, and it's making me question if it's even worth the stress.
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