r/wallstreetbets • u/OSRSkarma Flipping at the Grand Exchange • 1d ago

Earnings Thread Weekly Earnings Thread 4/7 - 4/11

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46 Upvotes

94% Upvoted

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4

u/peacemillion- 21h ago

Bought a hundred shares of JPM throughout the last month. Am I cooked?

5

u/Rianis96 19h ago

If banks beat it might be the catalyst for a major reversion

1

u/Chocobops 13h ago

Honestly, I have to believe banks are going to crush q1 estimates. But will it matter?

5

u/Whatdosheepdreamof 4h ago

If you think default rate rises aren't around the corner, you're cooked.

1

u/peacemillion- 3h ago

Defaults on what? Jobs report was good, consumer spending reports were good and that’s with how expensive everything was.

1

u/Whatdosheepdreamof 2h ago

RemindMe! 3 months

1

u/peacemillion- 2h ago

Defaults on what though? Loans, mortgages and credit cards?

1

u/RemindMeBot 2h ago

I will be messaging you in 3 months on 2025-07-05 14:28:24 UTC to remind you of this link

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2

u/Rianis96 5h ago

Depends on guidance
but I believe they might intentionally tank

1

u/shmoopdoop6969 17h ago

what does that mean?

1

u/ChewyBits3000 2h ago

It means we'll have the privilege of being the first generation to pay $7.99 for a King-sized Snickers bar.

2

u/Chocobops 13h ago

Means shit moved too far too fast and JPM earnings could be all like, "Now hold on there, bears. We're still raking in the cash. Get in here and make some money!"

But if it doesn't...

1

u/shmoopdoop6969 3h ago

i guess nobody knows for sure lol, rip