Nasdaq futures are +37, after so many fine companies beat expectations after the bell. Need I remind you that Trump is responsible for all of these wins? Bigly.
Amazon prelim Q3 $0.52 vs ($0.01) Capital IQ Consensus Estimate; revs $43.7 bln vs $42.26 bln Capital IQ Consensus Estimate; operating income decreased 40% to $347 million vs. ($400)-300 mln guide
Western Digital prelim Q1 $3.56 vs $3.31 Capital IQ Consensus Estimate; revs $5.18 bln vs $5.13 bln Capital IQ Consensus Estimate
Microsoft beats by $0.12, beats on revs
First Solar beats by $1.11, beats on revs; raises FY17 EPS above consensus, reaffirms FY17 revs & shipment guidance
Intel prelim Q3 $0.94 vs $0.80 Capital IQ Consensus Estimate; revs $16.15 bln vs $15.73 bln Capital IQ Consensus Estimate
Alphabet prelim Q3 $9.57 vs $8.40 Capital IQ Consensus Estimate; revs $27.77 bln vs $27.17 bln Capital IQ Consensus Estimate
Gilead Sciences beats by $0.14, beats on revs, Raises low end of FY17 net product sales guidance
Align Tech beats by $0.20, beats on revs; guides Q4 EPS above consensus, revs above consensus
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filled the gap! $TWTR
http://i.imgur.com/I70LYCI.png
Oil is looking somewhat bullish today
It is, I’m holding XLF, think it will take 12-18 months for true reward.
House of saud has had enough of postponing their oil ipo. Instead, they allowed the release of cloud seeding tech, coupled with china manufacturing heat smog and gay ass wind turbines to create…weather bombs. We must stop this tactic used to deplete our supply. Ha
245 PE
None of that Garbage written above will matter when general trends swing. PEs will normalize. The excess will normalize. The tide pulls back. The bullshit becomes verified. 5000+ dow and 2000(?) nasdaq are predicated on non-interruption on Trump. Not likely whatsoever that smooth sailing on the 2 or 3 main economic courses go unimpeded.
That inflection point …. is nearing ….
GIBBERISH
Exponential of…
how about this….
Operating cash flow increased 14% to $17.1 billion for the trailing twelve months, compared with $15.0 billion for the trailing twelve months ended September 30, 2016.
Ohh and this….
Net sales increased 34% to $43.7 billion in the third quarter, compared with $32.7 billion in third quarter 2016.
Here’s the translation: Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.
What are you drunk?
Anyone trying to short this market is headed for the Weinstein and Halperin Clown Rape Room. You may be right in a year or 2019, but this is a buy the dip (even if it’s 5 points) market.
CVS buying Aetna? Reminds me of AOL buys Time Warner.
Toback is now seeing customers.
Just fucking amazing when society is lead pro growth with positivity instead of hindered with Communist publicity and governmental manipulation!
It’s going to be an interesting conundrum in the stock markets going forward, for however long it lasts.
Being able to get ahead of the lazy and better oneself is a primordial urge that will last forever.
True that. Equating it to the stocked market as we know it, is tricky.
More war.
More debt passed on the our kids to pay for the wars.
And how does the elimination of the inheritance tax to the benefit of the idiot children of billionaires favor the industrious over the lazy?
Even drug dealers aren’t lazy. #justsying
At least Trump, with his recent accolades for Yellen, knows on what this “prosperity” is built.
I’d hate to see a white christian goy at the helm of FED and be the fall guy when the debt-load implodes; and implode it will. Let’s leave Yellen in.
No doubt the market runs on expectations. High PE stocks simply reflect high expectations. As long as companies keep beating expectations, they get rewarded. Fail, and you have a CELG moment. Risks are high, but so are rewards—as they should be.
Yay! Well, that bear market lasted a day. Maybe the next one will exceed expectations and last two days.
I don’t have a hi-iq……17-20 is that all there is?