Way to save the economy
$Apple(AAPL.US$ $Meta Platforms(META.US$ $Tesla(TSLA.US$ $Amazon(AMZN.US$ $Microsoft(MSFT.US$ $NVIDIA(NVDA.US$ how to save US economy, set a low estimation on all huge companies, if they still not able to meet all of the targets, just announce and declare those they have met and ignore those failures. If all of the targets are missed, dont give a fuck, just push them up since retailers cannot even affect the share price.
In few days, most of the announced reports were bad but the market is still rocketing. Trillion of value is created in the stock market with merely billion of purchase in stock market. What an incredible method in save the market.
The interest rate still continues increasing but just in a softer way. The market is extremely overreacting. Most of the revenue of those huge companies are only growing in single digit of percentage or even decreasing in this inflation year.
Is this really a growth or just an increase of price without increase of demand or market share? Interesting story.
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股海沈迷 : I don't think that's what we can care about.
Mr Bogus : The most logically reason is bull trap setting up and pple are stepping into it now.
razo2 : we live in a very odd stock market era. people go all in with loans to buy bankrupt companies stock. stock rally on retrenchment in recession, stock rally in bad earnings/ low earnings compared YoY with promises of billion dollar stock buy backs.