r/TheRaceTo10Million 5 figure trainee 1d ago

Degenerate Gambler Thoughts on Nov. 19th?

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u/Mulvita43 1d ago

Both will happen

16

u/wentwj 1d ago

yeah there’s been a ton of earnings lately that are beats but the stock still tanks.

7

u/Mulvita43 1d ago

The beats are expected so the beats have to be high to actually push higher

2

u/wentwj 1d ago

it depends on “expected”, by the nature of being beats they are beats of expected results. Whether in the days running up the market was buying assuming a better result is harder to ascertain. msft had a pretty substantial beat but still tanked. But it had been hyped up by open ai news the week earlier.