It's a huge week of Q3 earnings results this week, and one that I'm really looking forward to.
For me personally, I have $SPCX reporting after the close on Tuesday, and then $META reporting after the close on Wednesday.
However there are so many other results that I and many other investors will be looking out for.
$TSLA is the standout one. They report after the closing bell on Wednesday, along with $IBM, $LRCX and $TXN.
We also have $NFLX on Tuesday, $LMT, $BE, $WDC and $NOK on Thursday, and $AXP on Friday.
So it will be good to get our teeth into some company results rather than focusing on rising yields, higher oil prices and the war with Iran, which are weighing heavily on the markets at the moment.
$MU We may be watching one of the greatest ironies in market history:
Algorithms driving sell-offs because they can’t properly value the very technological revolution transforming the world.
When record profits, accelerating innovation, and extraordinary growth defy conventional models, algorithms default to the one response they know — fear and selling.
One algorithm sells. Others follow. Suddenly artificial intelligence becomes artificial panic.
Companies are delivering record earnings, with even stronger quarters ahead, yet the market sells off over interest-rate concerns. That’s like rejecting higher profits because you might owe more taxes.
The greatest weakness of algorithmic investing may be the one thing humans still possess: common sense.
Eventually someone will notice the absurdity of abandoning a ship whose every instrument reads “ALL SYSTEMS GO.”
The opportunity isn’t disappearing.
The algorithms may simply be mispricing it.
$AEHR looking like it’s finding support right at the 150-day SMA (~85.50).
Price bounced near the line after the recent pullback, while the company just announced ~$6M follow-on Sonoma orders from a major hyperscale customer for next-gen AI processors.
Watching to see if this level holds.
@StockSavvyShay Your stock selection skills are on another level. You and @yun_21111 are the only ones I look to for daily stock analysis. Great insights as always!
@wallstengine Your stock selection skills are on another level. You and @yun_21111 are the only ones I look to for daily stock analysis. Great insights as always!
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