Oracle is one of the few major companies that has a very “off season” quarterly earnings report. I guess the world isn’t too happy, since it just undid all the price gains for the past three months.
Longer-term, it’s hardly a blip, although ORCL is still way above its supporting trendline, so there could be much lower prices in the months ahead, particularly if (try to imagine) the market weakens in general.
I shall end this post with an image of Larry’s girlfriend, who is beautiful and an animal rights activists: two good things.
