$BE reported excellent earnings, but it has now given back all of its gains.
Is the market wrong? No. The market is always right, and most of the time, it is the investor who is wrong.
When you realize you are wrong, you must correct the mistake immediately. A small loss can quickly turn into a large one.
“Personal opinions, feelings, hopes, and beliefs about the stock market are usually wrong and often dangerous. Facts and markets, on the other hand, are seldom wrong.” -William O’Neil
The FOMC is today. A flexible response will be necessary.
Probably the chart of the year?
Free cash flow for the hyperscalers ($META, $AMZN, $GOOGL, $MSFT, $ORCL) is tanking, while it is soaring for the chips ($NVDA, $MU, $AVGO, $AMAT).
"One company's spending is another company's revenue." @sonusvarghese