Jul. 22 at 11:35 PM
$ALB $AMD $PANW Some thoughts I’ll post to the boards I frequent most often:
Trade deal with Japan was just announced, and they get 15% tariffs. Premarket is flat… which leads me to believe that successful deals are now priced into the market.
That leaves us looking at earnings. I think most earnings come through with a solid beat, but the story will be “Well what about tariffs, inflation, and margin compression will have a negative effect on Q3 earnings”. Might get an average correction, or at the very least a time correction, between Sept & Oct. Seasonally that makes sense, and then if we don’t see inflation in CPI and PPI, we can run up into the end of the year.
Just some thoughts, good luck y’all!
