Talking stocks, trading, and investing in general - Page 614
When Kanye West releases and album, the average S&P 500 return from that date through the end of the year is 5.3%. If tomorrow's release of 'The Life of Pablo' has the same effect as 'Yeezus' did in 2013, the stock market would close positive for the year or up roughly 11.8% from today's close.
Who else is locking in these #gainz with me?
Although we'll see where it sits tomorrow at the close. After hours numbers are kind of bogus anyways...true one day pop numbers need to be close-to-close (and really, adjusted to account for the rest of the market's performance). They do indicate sentiment though...and sentiment seems pretty negative on those results.
When I used to do this kind of stuff, we very rarely touched after-hours numbers. And intraday numbers only came out if you were looking at the impact of very specific news (e.g. at 12:15, an article comes out claiming XYZ, did that impact the price?)
I see just from cruising around Fidelity that ATVI sells for about 5x sales.
Also, sometimes the small misses on earnings can be devastating. I had one cynical co-worker who thought that companies would sometimes manage a miss of a few cents to signal some really bad stuff coming later.
Yea I know that but they added 3 brand new revenue streams in the last 4 months am I crazy or has diversifying made them worse off? Because that's what the street thinks based off these sell orders.