Record Earnings… and Stocks Still Drop? Here’s Why (With Jason Bodner)
In this week’s Navellier Market Buzz, Jason Bodner explains how mean reversion, algorithmic trading and manic crowds all shape the market’s moves. Louis and Jason discuss how strong stocks bounce like fresh tennis balls – and preview several upcoming earnings reports.
That's a really good report from $NBIS.
The numbers: Q3 revenue $146M (+355% YoY / +39% QoQ). Core infra ~90% of revenue; core infra adj. EBITDA ~19%....
$CRWV.
Oversold + at major technical support.
Looks attractive to me.
October NFIB Small Business Survey highlights:
- Headline Small Biz Optimism Index dropped again from 98.8 -> 98.2
- Uncertainty down, but still hi...