What I am looking at April 28, 2022 End of earnings drought? Or just a cessation? The biggest thing the bulls have going for them is sentiment. Nearly 60% investors are bearish and just 16% are bulls. That's the highest number of bears since March of 2009. Sentiment has gotten so bad, it may signal a turn. Is that fitting? Does it reflect earnings? China slowdowns? Potential horrendous consequences by a trapped Vladimir Putin who thought Kyiv was Grozny? Oscillator minus 4.77, meaning market getting oversold. Qualcomm (QCOM) quarterly earnings came in sharply better than expected. Read through to Apple (AAPL) or just a read through to more than just cellphones. QCOM is the largest semiconductor name for the Investing Club after trimming Advanced Micro Devices (AMD) and Nvidia (NVDA) on fears of gaming-related slowdown and multiple shrinkage. Qualcomm was 11 times earnings before the numbers. Meta Platforms (FB) CEO Mark Zuckerberg does three things right: 1) TikTok will be on the run from Instagram Reels by yearend as predicted; 2) ring-fences reality labs while expanding family of apps; 3) grows usage while containing expenses. Does he have an AI solution to Apple third party restrictions? It would seem so. Service Now (NOW) reports much better-than-expected earnings. Really impressive numbers from CEO Bill McDermott. His best ever ... Ford (F) still has plenty of wood to chop but F-150 Lightning electric truck is sold out. Real issues are: 1) Raw costs; 2. Does he have the non-ICE team needed to pull things off., Refreshing that he's not losing money in any market. First for Ford that I can recall. PayPal (PYPL) ... a new level of cluelessness. 1. Macro deterioration (Ukraine/china), 2. Inflationary, 3. E-commerce tough to forecast … pulled forecast. Apple (AAPL) reports Thursday evening ... will China be asterisked? Can they tell a story of Pro being different ... T-Mobile had 1.3 million new additions; because of the Apple iPhone? Worth thinking about. Services moderated or expectations very low or both? Teladoc (TDOC) ... once again Cathie Wood a buyer, 70,000 shares (4/26), 35,000 (4/25). Another miss-multiple quarter ... reasons for failure? Citi blames increased competition. Stock crushed more than 40%. Eli Lilly (LLY) ... weight loss best case scenario. Great data … first ever … profound really: could this drug be the biggest of all time? Talking about losing lots of weight, self injectable and soon a pill? (Jim Cramer's Charitable Trust is long QCOM, AAPL, AMD, NVDA, FB, PYPL and LLY. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
