$Meta Platforms, Inc.(META)$  earnings is coming.

To be honest, I dun really monitor meta as there are certain reservations that I have, even though meta is performing so well until it's regarded as part of Magnificent 7.

On broader picture, I have been positioning for at least a dip from the recent rallies, hence I didn't really care about the recent fall.

The recent rallies are tied too closely to Mag 7 and ai craze, and is actually risky. Too much wealth is concentrated in too few stocks, the risk of reversal happening due to change of market sentiments can spark sudden reversals and bring down the entire market. 

True, there are many who emphasised that the markets are not in bubble territory as earnings is still increasing. However, the moment that earnings is reported to be less than satisfactory, the money that's being concentrating will flow out very quickly. When's that moment, frankly I dunno. Since, I dunno and I can't predict it, I rather focus on other stocks that are not tied to the ai craze. 

The recent fall in $Alphabet(GOOG)$  post earnings is a sign that investors are only interested in excellent results. Average results will result in sell offs.

Alphabet's drop in ad revenue doesn't bode well for meta too. 

Meta's continued cash burn in reality lab, is also a concern as profitability is nowhere in sight. 

Well, in conclusion I dun have any idea how meta is going to perform during earnings. 

However, I am of the opinion that the downward risks is significant due to the high expectations that are demanded from investors. 

Pop corn is in my hands. let's have a show. [Cool]