I reckon Q2 earnings season for the major US companies is lending itself to making some serious cash here ya know.
Everyone's smashing it....does that mean the US economy is improving massively???? No does it hell, it purely means thats the analysts published forecasts are too low.
This IMO is to justify the coming rate rise, by making it appear that the US economy is improving...these street beats are also being backed up by good economic stats which again, are for one beating low estimates and two, are also easily manipulated figures anyway.
Recently AAPL provided an unreal long opportunity, AMZN a short, TWTR a massive short, swinging almost 20%!
FB next, and IMVHO it will beat, move, and in the process provide an excellent shorting opportunity, before tumbling swiftly down again.
I would obviously never hold an leveraged position across the earnings release, but to jump in just after a big move could see massive profit
Everyone's smashing it....does that mean the US economy is improving massively???? No does it hell, it purely means thats the analysts published forecasts are too low.
This IMO is to justify the coming rate rise, by making it appear that the US economy is improving...these street beats are also being backed up by good economic stats which again, are for one beating low estimates and two, are also easily manipulated figures anyway.
Recently AAPL provided an unreal long opportunity, AMZN a short, TWTR a massive short, swinging almost 20%!
FB next, and IMVHO it will beat, move, and in the process provide an excellent shorting opportunity, before tumbling swiftly down again.
I would obviously never hold an leveraged position across the earnings release, but to jump in just after a big move could see massive profit
