Talking Stocks 2.0

[JWD531]

Originally Posted by jpeezy14@hotmail.com

Nice close for tech - not so much the rest of the market.

MSFT beats on revenue and EPS, but little change on the price as of now. This seems to be the standard for most tech companies Q3 - strong beats with little price action, as earnings seem to be priced in. Only true outlier has been SNAP thus far, which again caused the subsequent rise in PINS, FB, GOOGL in the last week.

PINS reports tomorrow, with FB and GOOGL (as well as AMZN) on Thursday.

Ya, MSFT true to form with slow steady moves.


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