This is exactly why we don't use 3C to try to predict earnings, but rather behavior after earnings (not in extended hours either-regular hours).
Like AMZN, AAPL missed and missed pretty big especially with guidance.
The thought was AAPL was going to be smashed when they re-opened for trading, but like AMZN, all over the place, from -4% to a current 0% change in AH.
The NASDAQ futures
This is what NASDAQ futures looked like as AAPL was halted, AAPL began trading again at 16:50 right at that big green bar up!
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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