Comments on: Closing Market Analysis 7-20-20 https://rightsideofthechart.com/closing-market-analysis-7-20-20/ Stock Trading, Investing & Market Analysis Mon, 04 Oct 2021 19:09:52 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: becky https://rightsideofthechart.com/closing-market-analysis-7-20-20/#comment-19372 Tue, 21 Jul 2020 13:03:32 +0000 https://rightsideofthechart.com/?p=202159#comment-19372 In reply to wilhud.

KO earnings per share are on par with Q1 ’19, obviously more upside as the lockdowns ease and KO really trades at the late 2018, early 2019 levels at this point.The stock is down ~25% since ATH in February. We can certainly argue about the valuation, but I don’t think it’s unreasonably overvalued compared to many tech stocks.

]]> By: becky https://rightsideofthechart.com/closing-market-analysis-7-20-20/#comment-19371 Tue, 21 Jul 2020 12:46:04 +0000 https://rightsideofthechart.com/?p=202159#comment-19371 Family dog: Randy buy the dip. /s

]]> By: wilhud https://rightsideofthechart.com/closing-market-analysis-7-20-20/#comment-19370 Tue, 21 Jul 2020 12:14:02 +0000 https://rightsideofthechart.com/?p=202159#comment-19370 AMZN got a double upgrade yday to $3800. Which probably inspired some algos to start buying anything big tech. Remember GS ramped NFLX with an upgrade in to results, NFLX was down 8% on results. Seems like these notes always come at key support levels that are looking shaky.

Coca-Cola miss this morning. Up 2% premarket. Back to front upside down world continues.

$KO | Coca-Cola Q2 20 Earnings:
– Revenue: $7.2B (exp $7.57B)
– Adj EPS: $0.42 (exp $0.43)
– Organic Revenue: -26% (exp -21.6%)

]]>