Ok here we go. The poll is: What discount is this market showing versus the coming Tech Q4 earnings reports. Options are: 1. This baby is undervalued! 2. Reasonably priced. 3. Priced for perfection. Goodluck,
My gut feeling is that we'll get some mild-beats and some decent guidance given this price action. That said I believe market as a whole is priced for perfection. If somebody in tech of decent influence barely meets, or the guidance isn't good, look out, it could bomb big time. Goodluck,
The market is ALWAYS fairly priced for current earnings. It is anticipation of FUTURE earnings that move the market.