How to Manipulate Earnings Reports and Coronavirus Death Toll During the Pandemic
Believe it, it's damn simple. Find here why you are losing money while Wall Street and savvy investors make billions. A few weeks ago, Donald Trump, for the surprise of many, released a very high number of death estimates for coronavirus for a very good reason!
A few weeks ago, Donald Trump, for the surprise of many, released a very high number of death estimates for coronavirus for a very good reason - anything below this number is a beat seen as a good job from the administration.
Note that this forecast came out after Trump claimed two months ago the virus was actually harmless, thereafter downplaying it for months - it's all part of a game.
Coronavirus actually started in 2019
What seems to be a turnaround for Trump acknowledging the importance of the pandemic is actually elections driven. He knows that Americans are absurdly stupid, easily manipulated. Furthermore, since the real death toll will never be known, it will be below his forecast (at least until elections)
Wall Street has been using the same policy for years. EPS estimates are purposely set VERY VERY LOW. Then companies post NON-GAAP earnings to "smash estimates", and they do it over and over to create the illusion that the economy is actually booming. Reality shows they actually lose money. Often a beat by one cent is then sold on headlines, paid marketing, as a smashing estimate by 70% or higher!
All over the world businesses are reporting losses, in some cases, zero revenue, however in the U.S they are reporting sales increase even in supermarkets! You're being scammed. Start using your brain! Stop losing money! Let the government pump stocks, let then announce all the stimulus they want, let Americans buy stocks, higher they will go, more they will fall.
Another tactic being used is to remove official guidance - SEC approved this practice - letting analysts make wild projections, easily playing games with any stock. The truth is that the U.S stock market is a Big Casino.
Why do you think Goldman Sachs turned bullish Tesla for the first time ever posting a price target $864 when they have been bearish for years with the lowest target $158 in Wall Street? Obviously, this announcement came out from a "new"analyst hired by the company.
More companies than ever before in history are saying the coronavirus is helping their online business, i.e. higher traffic, but no actual better sales, or higher profits. This can be accomplished using free accounts, and Coronavirus promotions headlines. We exposed similar practice during the cryptocurrencies bubble, thereafter, savvy investors made billions of dollars.
Instead of companies making official public statements they are using employees or third-parties to make announcements on social media to avoid future lawsuits.
Unlike you hear on the news including Trump's twitter channel, FED Chairman Jerome Powell and Donald Trump have an excellent relationship since the beginning.
How Players Make Billions
Players with access to zero and negative interest rates can easily make profits exceeding 1,000% in weeks, while you are going to pay for it in the future. You find hundreds of examples in our news site, and blog.
Chipotle, Amazon, Zoom Video, Netflix, Tesla, Peloton, Shopify, Snapchat are just a few recent examples.