Re: Yep market looked good until it closed
[Re: jbyrd63]
#7572051
04/28/22 05:37 PM
04/28/22 05:37 PM
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J Staton
Unregistered
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J Staton
Unregistered
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Re: Yep market looked good until it closed
[Re: jbyrd63]
#7572052
04/28/22 05:41 PM
04/28/22 05:41 PM
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Joined: Dec 2006
Posts: 2,118 Lufkin, Tx.
Lufkin Trapper
trapper
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trapper
Joined: Dec 2006
Posts: 2,118
Lufkin, Tx.
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It'll show tomorrow. They always wait 'til after hours to report.
Billy Member # 16.
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Re: Yep market looked good until it closed
[Re: jbyrd63]
#7572053
04/28/22 05:42 PM
04/28/22 05:42 PM
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Joined: Dec 2006
Posts: 21,716 Sandhills Nebraska
Gary Benson
trapper
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trapper
Joined: Dec 2006
Posts: 21,716
Sandhills Nebraska
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LOL LOL LOL no way Amazon lost money...my woman keeps them going herself. LOL LOL LOL
Life ain't supposed to be easy.
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Re: Yep market looked good until it closed
[Re: jbyrd63]
#7572219
04/28/22 08:58 PM
04/28/22 08:58 PM
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Joined: Mar 2007
Posts: 35,169 McGrath, AK
white17
"General (Mr.Sunshine) Washington"
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"General (Mr.Sunshine) Washington"
Joined: Mar 2007
Posts: 35,169
McGrath, AK
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Once again they pulled a slick one . Yes the market rebounded big time but as soon as it closed the big losers reported . WTH .Amazon lost 7.6 billion this quarter, plus several others. But what happens after hours doesn't count I guess. LOL Just wondering what "slick one" that might be ? Was Apple a "big loser" too ? I think not. What about the other 452 companies that also reported earnings today ? Shall we not count those ? Your comment about what happens after hours is probably more interesting than you know. It's an empirical fact that almost ALL the gain in the market happens at night. So far, no one can adequately explain why but there is no question that if you bought t stock at the close every day and sold it at the open the next day, your results would be far superior to trading the opposite way. That is one reason why day trading usually ends badly. https://www.nytimes.com/2018/02/02/your-money/stock-market-after-hours-trading.htmlThis is a partial explanation why you will do better in the market by holding a position long term than you will do by trading in & out. As far as Amazon goes....their loss was actually 3.8 billion overall. They had 3.7 billion in operating profit (from activities that Amazon actually controlled) but they suffered a NON_operating loss of 7.6 billion from their investment in Rivian Automotive ( electric truck),
Mean As Nails
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Re: Yep market looked good until it closed
[Re: jbyrd63]
#7572226
04/28/22 09:03 PM
04/28/22 09:03 PM
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Joined: Dec 2006
Posts: 21,716 Sandhills Nebraska
Gary Benson
trapper
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trapper
Joined: Dec 2006
Posts: 21,716
Sandhills Nebraska
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Amazon is negative because of all the new distribution facilities they've spent money on!😄I think there's 5 within 20 miles of the house. That I know of. Amazon looks to me like a big success story.
Life ain't supposed to be easy.
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Re: Yep market looked good until it closed
[Re: jbyrd63]
#7572235
04/28/22 09:11 PM
04/28/22 09:11 PM
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Joined: May 2010
Posts: 10,474 mn north of blakely
Steven 49er
trapper
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trapper
Joined: May 2010
Posts: 10,474
mn north of blakely
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I don't see what difference at what time of the day a business reports profits. After hours today? Or it could easily be said before tomorrow's opening. It's semantics, the information is what is important.
"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
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Re: Yep market looked good until it closed
[Re: Gary Benson]
#7572236
04/28/22 09:11 PM
04/28/22 09:11 PM
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Joined: Aug 2008
Posts: 16,260 ny
upstateNY
trapper
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trapper
Joined: Aug 2008
Posts: 16,260
ny
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LOL LOL LOL no way Amazon lost money...my woman keeps them going herself. LOL LOL LOL Hahaaaaa. Mine too.I told her a few weeks after Christmas,,,answered a knock on the door today,,it was the Amazon driver.I says Hellow,,you got a package?He says No,,,your wife hasn't ordered anything in three days,,so Im just doing a wellness check.Hahahaaaa,,,she didn't think that was funny.I did.
the wheels of the gods turn very slowly
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