Late afternoon yesterday (7/25) the market took a hit on 
WMT guidance cut. There appears to be a trend of worsening earnings, macroeconomic data is deteriorating and inflation is running rampant. Nothing on the surface suggests this market should move higher, which in-fact is the reason I am now slightly more bullish that we will see a 1-2 day squeeze from current levels. Lots of economic data this week with the Fed and earnings. Tighten up stops and do not get comfortable.
WMT guidance cut. There appears to be a trend of worsening earnings, macroeconomic data is deteriorating and inflation is running rampant. Nothing on the surface suggests this market should move higher, which in-fact is the reason I am now slightly more bullish that we will see a 1-2 day squeeze from current levels. Lots of economic data this week with the Fed and earnings. Tighten up stops and do not get comfortable. Nota
MSFT and 
GOOGL save the market.MSFT Microsoft Q4 22 Earnings: - Rev: $51.9B(exp $52.45B)
- Adj EPS: $2.23(exp $2.29)
- Q4 Commercial Cloud Rev. $25b,Est. $24.99b
- Q4 Productivity Rev $16.60b,Est. $16.68b
- Q4 More Personal Computing Rev. $14.36b, Est. $14.67b
- Q4 Intelligent Cloud Rev. $20.91b,Est. $21.07b
Guidance for FY23 revenue growth in double digits saves the earnings miss.
GOOGL Q222 results disappointing, the stock jumping as much as 5.7% after hours as results weren't as worse as feared. Cloud growth slowing to 36% from 44% in Q122.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.