4 ms·

And the stock is up.... SMH. Can never figure out Wall St.

kube-system 3y ago
Because the people moving big money on the stock market are not sitting around waiting until earning reports come out to make a move. They already knew intel was going to post a loss, this was not news to the market.
- MuffinFlavored 3y ago
  You're not wrong, but I think this misses the point. Even retail knew they were estimated to post a loss. I'm guessing something in the earnings report was "less bad than expected" in order for the stock to be up 5% today?
  - kube-system 3y ago
    Yes, the market will often move in the direction of the delta between expectations and actual results. People often assume it "should" move in the direction of the overall sentiment (good earnings = up, bad earnings = down), but that is not at all true because earnings reports are a retroactive view of information people have already been trading on.
    - MuffinFlavored 3y ago
      Well, in this case, isn't it still that simple? Actual results came in better than expectations (hence the "delta" you are referring to) What metric did Intel beat on? This quarter EPS/revenue/some metric/growth? Or guidance for upcoming quarter less bad than expected? All it takes is one or two "good" things and everything else with "in line as bad as expected", as you know.
      - kube-system 3y ago
        We don’t know what expectation they beat, because traders expectations are not a monolith, nor are they public figures.
  - bcrosby95 3y ago
    Think of it like sports. You don't want to go where the ball is right now. You want to go where you think it will be in the future. I don't usually do sports analogies, but my kid recently started playing soccer and I've been trying to get her to intercept rather than chase people. Heh.
    - MuffinFlavored 3y ago
      Pretty good analogy. I think one of the biggest concerns right now (maybe always?) in the stock market is "things will stop being gangbusters, the economy will slow, growth will slow, and the ball with stop being projected to be in front of you/forward at any scale/pace"?

Because the people moving big money on the stock market are not sitting around waiting until earning reports come out to make a move. They already knew intel was going to post a loss, this was not news to the market.

MuffinFlavored 3y ago
You're not wrong, but I think this misses the point. Even retail knew they were estimated to post a loss. I'm guessing something in the earnings report was "less bad than expected" in order for the stock to be up 5% today?
- kube-system 3y ago
  Yes, the market will often move in the direction of the delta between expectations and actual results. People often assume it "should" move in the direction of the overall sentiment (good earnings = up, bad earnings = down), but that is not at all true because earnings reports are a retroactive view of information people have already been trading on.
  - MuffinFlavored 3y ago
    Well, in this case, isn't it still that simple? Actual results came in better than expectations (hence the "delta" you are referring to) What metric did Intel beat on? This quarter EPS/revenue/some metric/growth? Or guidance for upcoming quarter less bad than expected? All it takes is one or two "good" things and everything else with "in line as bad as expected", as you know.
    - kube-system 3y ago
      We don’t know what expectation they beat, because traders expectations are not a monolith, nor are they public figures.
- bcrosby95 3y ago
  Think of it like sports. You don't want to go where the ball is right now. You want to go where you think it will be in the future. I don't usually do sports analogies, but my kid recently started playing soccer and I've been trying to get her to intercept rather than chase people. Heh.
  - MuffinFlavored 3y ago
    Pretty good analogy. I think one of the biggest concerns right now (maybe always?) in the stock market is "things will stop being gangbusters, the economy will slow, growth will slow, and the ball with stop being projected to be in front of you/forward at any scale/pace"?