Observations on the U.S. stock earnings season: with the exception of Amazon and Microsoft, which are “into the cloud,” almost no one else reports earnings and doesn’t drop. No matter whether the results are good or bad, it falls.
This is called “selling facts.” The market has already priced in the good news; even if the earnings are strong, they’re only confirming expectations. On the other hand, cloud providers can go against the trend because AI computing demand follows an incremental logic.
High U.S. stock valuations + uncertainty about interest rates = the market doesn’t buy good news.
$BTC
#美股 #财报季 #macroeconomics
Trading view: The U.S. stocks trading range at elevated levels puts short-term pressure on BTC, but it doesn’t change the long-term DCA plan.
This is called “selling facts.” The market has already priced in the good news; even if the earnings are strong, they’re only confirming expectations. On the other hand, cloud providers can go against the trend because AI computing demand follows an incremental logic.
High U.S. stock valuations + uncertainty about interest rates = the market doesn’t buy good news.
$BTC
#美股 #财报季 #macroeconomics
Trading view: The U.S. stocks trading range at elevated levels puts short-term pressure on BTC, but it doesn’t change the long-term DCA plan.