04-28-2021, 07:51 AM
(04-28-2021, 07:41 AM)ken-do-nim Wrote: Nasdaq futures are negative, after all the good tech news so far. Maybe, just maybe, I don't have a clue what the market's doing.You've been investing long enough to know what 'buy the rumor sell the news" means. Traders buy shares or calls on a stock they expect to have great earnings, then sell the news. If they get nervous sometimes it will even dip right before the announcement, then on to the next stock. I've seen AMZN run 100pts hours before earnings, then give back most or all of it on a great report.