Doesn’t really matter what #’s & guidance they report at times. The FAAMG stocks are an over-loved, over-owned trade but one with clear momentum. As some others here have posted charts to illustrate this point, their charts & the broad market’s overlay almost perfectly with the ebb & flows of the Fed’s liquidity injections. I’ve seen stocks top on blow-out earnings & rosy fwd guidance just as I’ve seen stocks bottom on earnings & forward-looking guidance that sounded like death. This train will keep rolling uphill until it finally comes off the tracks. GOOG/GOOGL was the first of the FAAMGs to report so far & the market didn’t like what they heard with the stock poised to gap down over 3% below yesterday’s close, so far taking QQQ & tech down with it in pre-market.

Waiting to see if they buy up this dip or if it spills over into other sectors & indices which are poised to gap up today as well as how the market reacts to the rest of the FAAMGs earnings reports in the coming weeks.

That’s kind of like asking a pathological liar if he is lying. Those FAAMG are the biggest frauds of our lifetime. GOOGL Pay / Click. FB Active Users. MSFT cloud growth. AMZN fake earnings. AAPL stuff-the-channel.

What the heck. Need to depend on their reporting bad numbers are harder than winning the lottery.