Well, the so-called “earnings” reports continue to appear, and here are three major ones. First, there’s UBER.
And ETSY:
And ROKU. I’m sensing a trend here.
Getting back to UBER, the descent was well-telegraphed by that rounded top I drew months ago. The company has lost a full 40% of its value in just half a year and is clearly in dreadful shape. If you go down 40% in the most shamelessly over-supported fraudulent stock market in history, you’ve got to be sucking whale at that point.
