>>Northrop Grumman smashes earnings and reports a record backlog of $100,000,000,0000+….>>Stock crashes 8% after the morning bell.It’s already recovered but I’d like an explanation for this Jewish sorcery.
>>62505524First of all, what the fuck is that>$100,000,000,0000Second, the biggest market participants influence the market with proprietary computer programs the machinations of which are only known to their developers who signed an NDA thicker than the Bible.These programs, just like any program, can sometimes do some random shit.
>>62505524The projected earnings report is already priced in and the investors are taking profits.
>>62505582Anon don't ruin reality for the OP. He thinks markets are little guys buying and selling
>>62505590Little guys are market participants too, it's just that their influence is much smaller, by orders of magnitude
>>62505524because having your future guidance be based off a backlog is shit practice. the market is clearly smarter then you.
> (Real world thing) affects the market price of asset Xlel
if it all made sense then any pleb could do it
>>62505524>I’d like an explanation for this Jewish sorcery.Iran war starts.Analysts predict revenue will go up 100%.Stock goes up based on prediction.Revenue comes out, it only went up 80%.Stock falls based on reality.