$SMCI I also believe they will BEAT and RAISE like usual. Lack of 'preannounce' is NOT a negative to me. To say it is, is misinformation.

my good friend Michael Kao knows how to personify and animate situations very well! 🤣⬇️

⚠️PCE March Report

PCE +2.7% vs 2.5%
CORE +2.8% vs 2.8%

Both +.3% M/M (same as Feb)

Are we in store for a secular inflationary period? 🤔

All roads lead to further declining purchasing power and monetary destruction.

$PSTG $NTAP data storage
Data centers $VRT and data storage all part of AI build out.

These 2 held their earnings gap ups during this correction (we may be still going on)

Find the strength among the weakness!

Should we abolish the FED?

$VRT $DELL $NVDA $GE demonstrating strength (for now!) 🤣

There you have it...REVISIONS! Straight from 'horse's mouth!
x.com/financialjuice…

Fintwit knew back in 2022 that we were headed to #STAGFLATION (see poll results from Aug 2022) ⬇️

⚠️GDP Q1 2024 (estimate incomplete & subj to revisions plus seasonally adj) *remember those 3 caveats!

+1.6% (deceleration from 3.4% from mostly LOWER consumer spending)

*Remove the fiscal spending which is bloating GDP and disguising private sector hardship, what do you have?…

Pattern seems intact.

$CLS Q1 2024 Earnings
• Rev: $2.21B, +20% vs $1.84B Q1 2023
• Margin +6.2% vs 5.2%
• EPS $.85 vs $.20 Q12023

Outlook FY 2024
• Rev $9.1B vs $8.5B exp
• EPS $3.30 vs $2.70 exp

Long $CLS (position)

$NDQ $QQQ Still below 50d and 10w. Are we still digesting massive run since Oct or something greater? Time will tell. Big Earnings this evening are a close watch.

$VRT riding over 10w on weekly chart. good earnings but giving back gains. Patience needed and time frame matters!

'Volmageddon 2.0? Will Markets Crash?'

*NEW* ✨The RO Show Podcast✨

🎙️Episode 123🎙️

Prepare For Market's Next Move with Thomas Thornton 📈📉

Watch Now⤵️
youtu.be/YkNuQKtin-k

Time frame matters on whether it's an opportunity to go long or short!