Some traders invest systematically, choosing their bets via a meticulous process that employs rigid rules. Others adopt a roulette table approach, gambling away excess liquidity based on a hunch or an inkling. Consider the case of a Redditor who gambled $700,000 on Intel shares just before its deplorable Q2 2024 earnings. The Chip Manufacturer’s Second Quarter Of 2024: What Went Wrong? As we noted in a previous post, Intel has posted broadly negative results relative to the consensus expectations for the second quarter of 2024. The chip manufacturer not only failed to meet the consensus expectations of analysts for its […]
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