If a company misses earning bigly, but its stock goes up, I see that

Discussion in 'Trading' started by SoyUnGanador, Oct 28, 2022.


  1. See, while it can mean that, I don't think necessarily. I think a lot of times even if the bad news is exactly as people expected, or even if its slightly worse, the stock shoots up because that is the point when the selling pressure is relieved. The bad news is all out, no reason to sell any more, the stock price has dropped to take into account the bad news already (and sometimes then some), and unless there is new unanticipated bad news that comes out the stock should move up from that point for the foreseeable future.

    Under what scenario would it not be a bull sign?

    Thanks!
     
    #11     Oct 29, 2022
    murray t turtle likes this.
  2. that's your opinion, but the bond markets are telling you're going to have a recession! no, not immediately
     
    #12     Oct 29, 2022
    Darc likes this.

  3. What the hell? I'm talking about some hypothetical thing lol?!
     
    #13     Oct 30, 2022
  4. Sekiyo

    Sekiyo

    Could be just noise.
    What do you mean by goes up ?
    Below, at or above Average Daily Range ?

    What about the industry ? The market ?
    Does it outperform its peers ? The averages ?

    Maybe earning isn’t the main driver,
    Especially if the stock has poor to no earnings.

    Maybe the forward guidance is good.
    Who knows what’s been said during the report.

    If the stonk is up meaningfully,
    Makes higher high and higher low,
    Then it’s bullish.

    But if you look at charts,
    Being up on earnings miss isn’t bullish per se.
     
    #14     Oct 30, 2022
    murray t turtle likes this.
  5. I knew it I shouldn't have taken you seriously
     
    #15     Oct 30, 2022
  6. %%
    SEE Mr Sekiyo post= helpful.
    [1] I noticed you bullish calls tend to be better than average;
    but bear markets\ like SPY benchmark 200 day moving average tends to be hard tide to fight.
    [2] So actually your bullish post is very logical;
    but really big earnings miss can be even bearish for months due to fund selling.
    [3] I think its also funny/ any perma bear tends to hate your posts+ that explains a lot also/LOL:D:D
    [4]Looks like you make make some profits on VALE, fine by me. But even with good VALE earnings , dividends; bear market for iron prices.
    The best uptrends/ VALE would /should take out 52 week Hi/$21. And make new 52 week highspst 421
    Good question; we can make money onUP/OCT waves , but 200 day tide, can sink any boat.
    Like Mr Musk said ''let that sink in''[Like liquid in a kitchen sink/LOL.]:caution::caution:
    Good question.
     
    #16     Oct 31, 2022
    Darc likes this.