Msft and amd will own the markets tonight, going to be one fine trip after the close. Msft should in my.opinion move wither above 450 or drop heavily below 400!
Respectfully, @S2007S, with MSFT trading in 420's, saying that after earnings it will go to either 450 or 400... so about a 5% move, up or down, deserves a... Just kidding, peace
Again the earnings from msft were blah, Cloud was disappointing and huge jump in Capex 2.95 vs 2.93 Rev 64.7 billion vs 64.39 billion Co pilot, more hype over the last year after seeing no sales figures hmmmmmm Literally nothing in these numbers warrants the extreme stock rise in shares to nearly $470 a few weeks back...... Valuation is way to High considering where earnings have been so far for technology Stocks.
Have you ever seen any data that you actually liked? Yes they only had $65 billion in revenue, what a crappy company. I mean you've been crying about nVidia for at least a year now.
Yes they did 65 billion in revenue which is outstanding however a company stock that has literally skyrocketed in 2024 should show some real EPS power. Not just a paltry 2 cent beat and cloud was weak and where are the numbers from co pilot. That they are keeping hush hush because they know co pilot isn't as super duper as they thought it would have been . When you are adding 30% in stock gain on a company with a 3 trillion market cap. You better be showing blow out earnings quarter over quarter over quarter.
The only way to have caught 93% of this rally today was to have bought at the close yesterday which I'm sure most spectators did not!!
S&P & NQ futures started trending up a couple of hours after the close and continued to trend up slowly and nicely for the next 12 hours. There was plenty of time for anyone inclined to buy futures on the dip ahead of the FOMC meeting today.
Not the regular investor who doesn't trade futures or stocks in after hours. And who was to say the trend was going to hold in the AM hours ahead the fed announcement