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

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

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45 Upvotes

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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

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2

u/Rianis96 5h ago

Depends on guidance
but I believe they might intentionally tank