AMKR had a solid beat on earnings and those that followed me made some money off of it flipping calls....
Look at what happened afterwards, even good earnings can't save stocks right now. This chart kept me from going long on IWM, there's no demand for small cap stocks right now.
Right now my timetable for going long on the market (401k) is May at the earliest, because earnings will suck this quarter for a lot of companies. Very good chance the market will double bottom on earnings or form a base or something after this tank.
Look at what happened afterwards, even good earnings can't save stocks right now. This chart kept me from going long on IWM, there's no demand for small cap stocks right now.
Right now my timetable for going long on the market (401k) is May at the earliest, because earnings will suck this quarter for a lot of companies. Very good chance the market will double bottom on earnings or form a base or something after this tank.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.