Happy May Day.
In the past week, we have seen a lot of stocks listed in the United States release their results. By and large, the results have been good.
Despite the good results, some stocks sold off. Market is trying to price what is going to happen going forward. Or trying to identify the fair value of stocks going forward. Not what the stock is worth in the past.
For some companies, a large part of the intrinsic value of businesses with no earnings today is in the future. If your CEO tells everyone the future is not so rosy, then your share price is going to get wacked.
There are 5 things that caught my attention this week. Some deals with the market sentiments, while others deal with inflation....