>65% (think closer to 75) of the s&p beat earnings q1 and gave their adjusted guidance expectations

Is your premise they didn’t lower guidance enough and even with the decreased guidance they are going to be earnings losses

This post was edited by Bazi on Jun 25 2022 12:15pm

was talking more the hedgies doing the headfake to boost their q2 portfolio numbers
as for the actual equities and their performances, fundamentals mean nothing especially in this economic environment now

Ahh yeah good point

yeah sorry i didnt make that clear as i should have.

now i have read quite a bit that a lot think the bottom is in, or close to it for equities - i still think we had more of a 10% or so left to go down from the prior lows. things are really not good out there and although people keep spending eventually the rubber meets the road. housing/reno/refi slowing down and higher rates will cause related industries to slow as well.

im not trying to time anything - i did go mostly cash in my trading accounts (and a decent chunk of retirement) a few months back. that said im loading blue chip stocks i believe in at these discount levels. some of them have incredible value (same thing you and others seem to be doing). also will load up some spy/voo/vti, i just have some stuff elsewhere i need to spend on first.

This post was edited by excellence on Jun 25 2022 01:37pm

This year I made 25k so far with my btc/eth/usdt fund. it keeps increasing by 6%/month
I wont buy what I dont like. I also buy gold

A recession is not priced in currently

Well mean recession is 29% and median is 24% correction

We not toooo far off from our low

How worst can it get 👀

Elon Musk seems to have been muted on Twitter by lawyers or someone

when all the people who started trading in 2020 quit and vow to not come back, that's when bottom can be found