October 26, 2023

STRONGEST EARNINGS FROM META BUT THE STOCK FALLS ON MARKET MECHANICS, ECONOMY RUNNING HOT

By Nigam Arora & Dr. Natasha Arora

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

Market Mechanics

Please click here for a chart of Meta stock (META).

Note the following:

  • The Morning Capsule is about the big picture and not an individual stock.  The chart of META is being used to illustrate the point.
  • Meta, a very important stock for the stock market, reported earnings after the close. The chart shows when earnings were reported.
  • The chart shows that the stock ran up on Meta announcing the strongest profits and sales in its history for the last quarter.
Please click here or the title below to read more.
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