When the stock wants to go up it will go up
$Tesla (TSLA.US)$ missed revenue, missed gaap eps, but beat on adjust eps.
Meaning no growth, and cost cutting going forward to improve margin and stay afloat while revenue goes down.
Yet stock trades at 60 p/e, as if it was a high growth but it's clearly slowing down.
That's the stock market, just because you are right and numbers prove you are right it don't mean you will make money trading. Stock market trades on emotions, sentiment fear and greed, traps and chances.
Whoever made money long today, very happy for you, but whoever thinks they knew exactly what happened today, the day will come when you lose 2 times as much.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
102817417 : You short you gg. Miss the boat!
joe black8 OP : Yeah, I did, 20 puts, but thats OK, a new trade will pay off handsomely. Enjoy the long
星國榮少 : Open high tonight may create a big red candle.
Unless Nasdaq is very bullish tonight.
Mrstocksplitsundae 102817417 : miss what boat. there's no captain here ....... look at me I'm the captain now... this is a small boat and everyone going to bail.