The Investment Thread (6 Viewers)

[Terrence]

Amazon -10% in after hours. I’m guessing it was a miss with bad guidance. Huge move for that stock.

Missed and guided down.

 

[DaveXA]

Amazon -10% in after hours. I’m guessing it was a miss with bad guidance. Huge move for that stock.

I'm a buyer if it's off 10%. It might slide a bit more, but they aren't going anywhere.

 

[St. Geezy]

Yeah Amazon missed, badly. If Apple follows, the market tanks. Very important Apple beats here; we'll know in five minutes.

 

[Turfie]

Ok. After apple news I’m going to Saints section of this forum for the first time in months.,

 

[bclemms]

Damn, AAPL crushed. I was expecting massive beat but that was even better than expected. Guidance is keeping it from going straight up.

 

[NewOrleansFan]

AAPL is doing a sympathy drop with AMZN. FAANG stocks have been taking a beating after earring reports for this quarter.

 

[SaintInBucLand]

Thinking SPY comes out of the gate bearish tomorrow, then rebounds but by the end of the day ends down.

 

[bclemms]

AAPL is doing a sympathy drop with AMZN. FAANG stocks have been taking a beating after earring reports for this quarter.

It’s not a sympathy drop. That guidance was pretty brutal. Demand being significantly impacted in China due to Covid lockdowns as well as a $4-$8 Billion loss due to supply constraints with no official guidance being given. Tons of uncertainty.

It’s why I was saying Amazon earnings while Apple’s numbers are going to be key reports. Both were bad.

I’m staying away from FAANG. Think they have one more leg down. Netflix and Facebook may be near bottoms. I nibbled on some Netflix around $190. It’s really cheap right now even with bad guidance. I just don’t trust Facebook or it’s core group of consumers.

 

[Turfie]

So pretty much everything may tank tomorrow.

 

[bclemms]

So pretty much everything may tank tomorrow.

Nasdaq has given up almost all of today’s gains in after hours.

 

[Turfie]

Here’s to hoping the Saints make better investment decisions than me!

 

[Saint_Ward]

It’s not a sympathy drop. That guidance was pretty brutal. Demand being significantly impacted in China due to Covid lockdowns as well as a $4-$8 Billion loss due to supply constraints with no official guidance being given. Tons of uncertainty.

It’s why I was saying Amazon earnings while Apple’s numbers are going to be key reports. Both were bad.

I’m staying away from FAANG. Think they have one more leg down. Netflix and Facebook may be near bottoms. I nibbled on some Netflix around $190. It’s really cheap right now even with bad guidance. I just don’t trust Facebook or it’s core group of consumers.

I dunno, the June quarter is usually a bit down for them. I think they're just playing it conservatively. They've been crushing it compared to most others.

 

[bclemms]

I dunno, the June quarter is usually a bit down for them. I think they're just playing it conservatively. They've been crushing it compared to most others.

Trust me, I know. I absolutely hate Apple. There hardware in the iPhone, MacBook and Mac studio are so good compared to the competition I became an Apple customer. If I’m buying their stupid crap then they are killing it.

Problem is, they have a huge market in China and you have a few hundred million people in lockdown. The same place Apple has factories with supply constraints already being an issue. There is no way they can’t be effected. June may be slow but that is why quarters are judged based on the same quarter from a year prior. That same quarter last year China was holding celebration concerts for beating Covid and the economy was roaring back,

 

[Turfie]

BBBY will end the month of April with 17 red days and 3 green days.

The price is now below Ryan Cohen’s cost basis.

 

[Turfie]

Just brutal.