As the pivotal fourth-quarter earnings season kicks off Friday, there appears to be a tug-of-war being waged on Wall Street.
On one side are those who believe the outlook has already been lowered enough to provide a springboard for better-than-expected results and stock gains, while on the other side are those believing that lackluster results and downbeat forward guidance will trigger further declines.
With the S&P 500 rallying more than 11% over the past three months, the bulls seem to have the advantage. But there are also reasons to believe the bears could regain control once the flood of earnings reports kicks off before Friday's opening bell with a host of big-bank earnings.
HRC is just a refinery business in Malaysia and refinery profit is purely base on the different between your refined prodicts sell price and your crude purchased price.
In between you do some hedging to protect your refining margin and crude purchased so that you would not have this quarter profit 1 billion and next quarter lose 1 billion.
The only problem is you cannot trust the Mainland China man as most of them will find way to siphon out and pocket the money
Gun don't kill but people do. If only CCP put a bullet in the head of all those chinaman go round the world scam/cheat local hard earned money and brought shame to motherland then I will also be like qqq3 praise CCP everyday.
Haiyoh bursa 1495 already leh. Why Ular still belum dapat another CNY angpow lagi leh. Apa lah. Cepat sikit pun cannot kah. Mau tunggu next week again kah. Haiyoh. Correct?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
UlarSawa
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Posted by UlarSawa > 2023-01-13 08:57 | Report Abuse
Why Earnings Season Could Be a "Market-Moving Event"
Trends to watch for in earnings reports include rising sales but falling volumes, along with slowing growth in cost of goods sold