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- Jul 17 Earnings are rolling in and are stronger than Q1
Market
“2 days ago I mentioned even though the near term issues on the House and Senate were over crypto bill, it will pass and it did today” 😊 😋
Taiwan Semiconductor $TSM ( ▼ 2.12% ) had strong earnings release as did $PEP ( ▼ 1.51% ) and the banks as well. The forecasts were stronger, so we should start to see better earnings, but the market is pretty rich in terms of valuation, so don’t expect a ton of movement higher for this quarter, but it should not go lower.
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Insights from the portfolio
Video of the day
Today’s video is on Arista Networks $ANET ( ▼ 0.18% ) the AI networking company.
