by Lance Roberts
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| (10/27/22) Meta's disappointing earnings report sets markets up to struggle through today's open; the money side of the business was okay, and Meta's base of users was similarly okay; what worried Wall Street was Mark Zuckerberg's dogged agenda of spending, all-in on the fledgling "Metaverse." Investors now wondering where the value is in this company. More earnings disappointments from Google and Microsoft yesterday put markets in a position to have to struggle today to overcome the 50-DMA; Apple and Amazon report tonight, and good news from either company would serve to bolster the mood on The Street. What markets need to do is hold the 3,800 level and rally beyond, which would get us to 4,100, the high point of the year. November brings a reprieve from corporate earnings, but Fed activity and the mid-terms will continue the shape the mood of investors. Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #EarningsSeason #Meta #Google #Microsoft #Amazon #Markets #Money #Investing |
Finally, financial news that makes sense. Lance Roberts, the host of "StreetTalkLive", has a unique ability to bring the complex world of economics, investing and personal financial wealth building to you in simple, easy and informative ways but also makes it entertaining to listen to at the same time.
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