AI Frenzy Result – Perma Bulls Revered And Perma Bears Reviled, Apple And Amazon Earnings Ahead
Portfolio Pulse from The Arora Report
The AI-driven rally continues with the stock market showing bullish behavior. Wall Street's perma bulls are currently favored over perma bears. Earnings from Apple Inc (AAPL) and Amazon.com, Inc. (AMZN) are set to be released on August 3. Money is flowing into AAPL, NVIDIA Corp (NVDA), Alphabet Inc Class C (GOOG), AMZN, and Tesla Inc (TSLA). The Bank of Japan unexpectedly widened the band for yield control. China's manufacturing PMI came at 49.3 vs. 49.2 consensus. The SEC instructed Coinbase Global Inc (COIN) to halt trading on all crypto coins except Bitcoin.
July 31, 2023 | 3:02 pm
News sentiment analysis
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NEGATIVE IMPACT
The SEC instructed Coinbase to halt trading on all crypto coins except Bitcoin.
The SEC's instruction to halt trading on all crypto coins except Bitcoin could negatively impact Coinbase's business.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
It is a rare Monday when money is not flowing into Meta Platforms Inc.
The lack of money flow into the stock on a Monday is unusual but does not necessarily suggest a negative short-term impact.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
NEUTRAL IMPACT
It is a rare Monday when money is not flowing into Microsoft Corp.
The lack of money flow into the stock on a Monday is unusual but does not necessarily suggest a negative short-term impact.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
Apple's earnings are set to be released on August 3. Money is flowing into the stock.
The upcoming earnings release and the flow of money into the stock suggest a positive short-term impact.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Amazon's earnings are set to be released on August 3. Money is flowing into the stock.
The upcoming earnings release and the flow of money into the stock suggest a positive short-term impact.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Money is flowing into Alphabet Inc Class C.
The flow of money into the stock suggests a positive short-term impact.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
Money is flowing into NVIDIA Corp.
The flow of money into the stock suggests a positive short-term impact.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
The AI-driven rally continues, which is reflected in the Invesco QQQ Trust Series 1.
The continuation of the AI-driven rally suggests a positive short-term impact on the ETF.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Money is flowing into Tesla Inc.
The flow of money into the stock suggests a positive short-term impact.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60