Peloton Interactive Inc. (PTON) Social Stream

Featured Post From StockTwits About PTON

$PTON Every metric for peloton is bearish

1. Overall market/inflation/interest rates/consumer sentiment data/cpi/ppi data

2. The technicals/Price action on charts/closed below 50ema retested it and failed/broke the outer trend line

3. The Elephant in the room/negative news headlines.

4. Year over year comps heading into earning/pins/Etsy/nflx/Twitter/FB/ all reported declining DAU/MAU’s corporate wellness can’t over come pandemic peak numbers

5. Fed meeting at Jackson hole august 26-28/ Peloton moved up earning 2 weeks earlier to release on the day the Jackson hole would be going on.

I asked the Question here when they announced it, why would they move up earning earlier?

That’s why

When companies are gonna release a bad earnings they usually pick the best time to do it.

On the 26th Thursday the start of the fed meeting is the perfect timing.

It’s nothing they can say at earning to make the stock pop heading into a fed taper environment so I’m

🐻Super Bearish