Quote:
Originally Posted by geroge.burns99
Not senile yet....
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When did Snap Chat release earnings?
The S&P was at 4016 right before 9:45...curiously, that's when the Flash PMI numbers came out...
I thought snap reported after hours YESTERDAY. Even if they delayed until this morning...they didn't report until after the market opened at 9:30?
That would be bizarre...
Anybody know?
Unless someone tells me snap reported after the market opened today, I stand by my comment.
Fuck what anybody writes in the media...they don't know their assholes from their earholes.
Imagine the market tanking because of snapchat, a rinky dink 25-35b company...
Just because THEY blame a drop on something, doesn't mean THAT'S what it was...
What were the PMI numbers this morning?
Funny enough, right when the market decided to tank, THIS WAS RELEASED:
https://www.marketwatch.com/story/u-...my-11658498760
It was PMI...not SNAP...but the media doesn't like to keep talking about stuff that reflects badly on those in charge.
Flash service PMI showed CONTRACTION in the service sector for the first time in 2 years....THAT'S what tanked the market
Important pending news releases show up in RED on my trading platform...since last night I was looking at that red FLASH PMI on my screen...
Imagine thinking it's snapchat...LOL
PMI came out at 9:45am....and it was DOWNHILL from there