ORCL--

orcl sold break even earnings market tense

$ORCL I sold Oracle at the open yesterday to break even because I doubt that no matter how good the earnings, unless it's a huge surprise, the market will take it down. But like a fool, I went against my gut and bought at the bell yesterday around 205. I thought we'd see a spike at 215 due to ER hype during the day and make some quick money. Well, not really, just short-term greed. So now I'm like everyone else, waiting for 4pm. It's a binary outcome: big earnings and guidance or a drop to the 180s. Yes, even the cautious analysts have raised their estimates. But it all comes down to one thing: can the OCI expansion turn into revenue fast enough? They can add another $100B to backlog, but no one cares anymore; people want to see cash flow now. In short, the market wants flawless execution. If not, we're all in trouble. GLTA, going to be a tense day.

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