July 20, 2023

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Important Earnings

Please click here for a chart of Tesla stocks (TSLA).

Note the following:

• The Morning Capsule is about the big picture, not an individual stock.  The chart of TSLA stock is being used to illustrate the point.
• We previously wrote in yesterday’s Afternoon Capsule:

• Investors are eagerly waiting for earnings from TSLA, IBM, and NFLX after hours.

• The key for prudent investors will be if the momo crowd continues the pattern of ignoring the bad news in the earnings reports and buying on hope of better times ahead.