🔈 #news We have updated the text in the Community Scripts page's "About" box. Many Pine coders use Pine to develop their own indicators/strategies. That's great, and why TV develops Pine. A few of those authors also publish their work for the benefit of all TradingViewers. We never miss a chance to thank them because they bring tremendous value to traders all around the world.
We think it's safe to say that TradingView has become the hotbed of new developments in indicators concepts. We owe this to the creativity and generosity of our authors. Warm thanks go to all of you who publish useful scripts. 💙
🔈 #news We have updated the text in the Community Scripts page's "About" box. Many Pine coders use Pine to develop their own indicators/strategies. That's great, and why TV develops Pine. A few of those authors also publish their work for the benefit of all TradingViewers. We never miss a chance to thank them because they bring tremendous value to traders all around the world.
We think it's safe to say that TradingView has become the hotbed of new developments in indicators concepts. We owe this to the creativity and generosity of our authors. Warm thanks go to all of you who publish useful scripts. 💙
Pinterest (PINS) closed at $71.75 in the latest trading session, marking a -0.18% move from the prior day. This change lagged the S&P 500's daily gain of 0.1%. Meanwhile, the Dow gained 0.9%, and the Nasdaq, a tech-heavy index, lost 0.59%.
Heading into today, shares of the digital pinboard and shopping tool company had lost 17.41% over the past month, lagging the Computer and Technology sector's loss of 5.38% and the S&P 500's gain of 0.71% in that time.
Investors will be hoping for strength from PINS as it approaches its next earnings release. The company is expected to report EPS of $0.07, up 170% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $467.87 million, up 72.05% from the year-ago period.
That growth environment will include rising inflation and interest rates. Those upward shifts naturally accompany healthy growth periods as the demand for resources, products and services rise. Importantly, the Federal Reserve has laid out the rationale for not interfering with that natural growth transition.It's not exactly a fad, but there is a widespread willingness to pay up for a growth story. Classic fundamental analysis takes a back seat. Even negative earnings are ignored. In fact, positive earnings seem to be a limiting measure, producing the question, "Is that all you've got?" The preference is a vision of untold riches when the exciting story plays out as expected.
