• Skip to content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

Trading With Cody

Long-term Revolution Investments and Real-time Trades from Cody Willard


  • Twitter

  • YouTube

  • iTunes Podcasts

  • SoundCloud
  • Trade Alerts
  • Latest Positions
  • All Archives
  • Chat Room
  • Books
  • About/FAQ/More Info
    • Testimonials
    • FAQ
    • Contact
    • Privacy Policy
    • Support
    • Money management services
    • Public Speaking
    • Cancellation Policy
    • Login

Markets Ignoring Bad Earnings Reports, Poll Results And Coronavirus Fatigue

May 6, 2020 by Cody Willard Leave a Comment

Earnings, earnings, earnings. Uber stock is flying after hours tonight after the company confirms the bullish case out there. Square took off today on what I thought was just an okay earnings report last night. Our new position Dynavax is down after hours, but I thought the call is fine and I’ll nibble a second tranche if the stock gets hit tomorrow. Roku’s report was strong and the mobile app download charts are impressive, but the stock is selling off a bit after hours. The most shocking thing this earnings season has been the market’s tendency to reward even just decent earnings report and to look past some awful earnings report from companies like Apple, etc. I remain cautious overall, but steadily long our Revolution names. I do believe better pitches are coming. Let’s discuss all of this tomorrow in the chat.

A couple other notes. I did a poll on Twitter this week asking:

How many of you are scared about the economy for the next couple years? How many are scared about the markets for the next couple years? How many of you are scared about both? How many of you think everything is going to be fine?
  • Scared about economy: 18.5%
  • Scared about the market: 2.8%
  • Scared about econ and mkt: 49.9%
  • Bullish, all will be fine: 28.9%
    395 votes

And here’s an visual depiction of how we all have Coronavirus Crisis Fatigue, courtesy of Google Trends:

Image

Let’s do this week’s Live Q&A chat at 10am ET tomorrow (Friday) the old fashioned way, in the TWC Chat Room or just email us your question to support@tradingwithcody.com.

 

Related posts:

Cody Kiss & Tell: No Fresh Moves, FB Earnings and AAPL at $1,000?
Cody Kiss & Tell: Long bottom in energy, MBLY, FIT, foreign stocks, and more
2 Huge Mistakes Investors Make When Shorting
Cody Kiss & Tell: I'm running for President, Tech M&A, IBM, and more
Chat Transcript for Apr 18, 2012: FFIV Earnings, RVBD, GRPN, JNPR and more
  • Twitter
  • YouTube
  • iTunes Podcasts
  • SoundCloud

Filed Under: Trading

Disclosure: At the time of publication, the firm in which Willard is a partner and/or Mr. Willard had positions in some of the stocks mentioned above although positions can change at any time and without notice.

Reader Interactions

Leave a Reply Cancel reply

You must be logged in to post a comment.

Primary Sidebar

Must Read Articles (Free)

How To Invest In Business Models From Outer Space
Everything You Need To Know About Cryptocurrencies

You are not currently logged in.








» Register
» Lost your Password?

Subscribe now. You can cancel at anytime.

Buy with Crypto

Footer

This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or cryptocurrency or token any other product or service by Cody Willard or any other third party. Furthermore, nothing in this is intended to provide tax, legal, or investment advice and nothing in this should be construed as a recommendation to buy, sell, or hold any investment or security or cryptocurrency or token or to engage in any investment strategy or transaction. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your business advisor, attorney, or tax and accounting advisor regarding your specific business, legal or tax situation.

Copyright © 2023 · Magazine Pro on Genesis Framework · WordPress · Log in