
OVERSOLD CONDITION AND CHINA LOOPHOLE OVERPOWER MICROSOFT MISS AND JAPAN RATE HIKE
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Bounce From Oversold Please click here for a chart of Microsoft stock (MSFT). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of MSFT stock is being used to illustrate the point. The chart shows the drop in Microsoft stock after reporting earnings. The drop was due to Azure growth coming less than expected. Azure grew by 29% vs. 30% consensus and 31% whisper numbers. On the surface 1% – 2% may not seem important