Well, the earnings are starting to ramp up, and its tough to make out what’s happening through the fog. First we have Microsoft, which has already taken traders on a vomit comet. As of this writing, it’s up, just like it has been almost every day for the past twenty years or so.
![msft](https://slopeofhope.com/wp-content/uploads/2021/10/msft-640x379.png)
AMD, which is a big hero of the /wsb crowd, isn’t doing much; it’s slipping lower, which is probably a bitter disappointment to the redditors out there.
![amd](https://slopeofhope.com/wp-content/uploads/2021/10/amd-640x374.png)
Alphabet (that is, Google) is doing the same gymnastics as Microsoft, although it has merely returned to being flat, having recovered from a modest tumble.
![googl](https://slopeofhope.com/wp-content/uploads/2021/10/googl-640x378.png)
One stock that’s taken a serious hit is Robinhood. I guess the demand from kids who like to pretend they’re traders and have confetti explode on their screen with every executed order is thinning out.
![hood](https://slopeofhope.com/wp-content/uploads/2021/10/hood-640x379.png)
With this recent drop, Robinhood has returned to its IPO price. The history of this as a public stock is very simple – – it went ripping higher for a couple of days and has been bleeding out ever since. And remember, this is in the context of a comically, laughably, hysterically fake market. In a real market, this piece of crap would never have seen been assigned a ticker symbol in the first place.
![slopechart HOOD](https://slopeofhope.com/wp-content/uploads/2021/10/slopechart_HOOD-640x343.jpg)
At least they aren’t CRTX, which has wiped out years of gains in about a millisecond. It seems their highly-pumped Alzheimer’s drug (see the big gap up from a few weeks ago) is a dud, so the stock is being absolutely destroyed.
![slopechart CRTX](https://slopeofhope.com/wp-content/uploads/2021/10/slopechart_CRTX-640x343.jpg)
This is all just pops and buzzes though. As Facebook proved over the past 24 hours, what happens in the after-hours session, even with large, heavily-traded stocks, is often rendered absolutely meaningless by the end of the next trading day.
![fb](https://slopeofhope.com/wp-content/uploads/2021/10/fb-640x508.png)