It appears Whitey World is upset. Trump now has an easier path to losing and won't have to conjure up crazy shite like Hannibal Lector. Baird shite the bed with that downgrade of TFC.
After the unstoppable run in tesla the last2 months and google since March you would think these 2 stocks would have had insane upside surprise earnings but neither of them did, especially tesla which margins totally disappointed .....with stocks prices at historic highs these earnings tonight are really pathetic.
This is where it gets interesting....because now some are probably wondering if this is the start of a 10% correction or the start of the next bear market. Of course you won't know and those who say follow the trend are probably going to say this is just a blip and that new highs are coming back within days. Remember april 19th??
Good news everyone, yesterday they raised the year end estimate for the s&p again...keep buying Barclays raises S&P 500 target to 5,600, sees strong tech earnings ahead PUBLISHED TUE, JUL 23 20246:37 AM EDTUPDATED 5 HOURS AGO Fred Imbert@FOIMBERT WATCH LIVE
Wonder how all those daytraders on YouTube are doing the last few weeks now that the markets have had some sizeable losses, especially tech. Saw this one video online about a young kid making tens of thousands a week daytrading stocks...these youtubers literally print money and I can almost feel that they are probably making free money on the way down since every trader on discord and youtube makes free money in up and down markets.