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Discuss Doomberg leaving X
I watched Bloomberg TV today and they marched on an army of talking heads to vindicate Yellen and the US. And act bewildered by Fitch’s downgrade or dismissed it.
Yellen dismissed it.
Rating agencies are commission eating sell side shills.
Devils advocate. Hey they downgraded in USA in 2011 and prices are higher today than 2011.
Until you see $ES_F 4185 break down we are still in bullish waters. $AAPL $AMZN could change everything tmrw. i.e Apple could say we are revealing a $20k EV going on sale in 2024, YAY!
Defensive names and sectors were green.
Drug co, healthcare, $ABBV, $PG P&G,, $SBUX, $MCD, Walgreens $WBA
319pm breadth was weak.. no dice …
Strong - Swimming upstream in sea of red
$CVNA up
$EXTR up on earnings
$YOU up on earnings (clearme)
$DASH up on earning ah
Weak
$QCOM down 2% ah earnings
$ETSY down 2.5% beats but guides low
$PYPL down 3% after earnings
$WIX down 5% ah earnings
$AFRM down 9%
$HOOD down 3.5% losing users
$Z Zillow down only 1.9% after earnings ah
$SHOP down 7% but wishy washy ah earnings
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