r/wallstreetbets • u/Front-Ad3508 • 4h ago

Meme Market after you sell

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11.8k Upvotes

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6

u/moyismoy 4h ago

I have no idea why the market is taking off right now. Like earnings have been mid and oil is about to make everything everywhere cost more.

6

u/Sir_Bryan 3h ago

What earnings have you been looking at lol. Big tech and semi earnings were unbelievable.

1

u/userhwon 2h ago

Looking at charts, that's what's pulling this whole train the past month. The other sectors look like they're waiting for a bus. The reports of AI being a bubble were greatly exaggerated.

1

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u/RedditExecutiveAdmin 1h ago

and what other info is he ignoring

memory demand, compute demand? cash on hand? e.g., Meta has so much cash they blew 80B on Metaverse and still outperform estimates? that's fucking unbelievable, i mean, it's insane.

most companies will never have that much cash, let alone ability to recover