Apple Earnings Today after the market close, the last of the major FAANG stocks, Apple (AAPL), is going to report earnings. Last quarter, AAPL missed estimates on almost every line item, as larger macroeconomic forces caused slowing sales in iPhones, Macs, iPads, and more. This quarter, I anticipate more of the same, as the broader … Read more
A Short Squeeze Request This week, I received a request on Twitter to discuss a potential short squeeze ticker on earnings. I took a look at my Earnings Watchlist and checked out these tickers one by one, looking for my favorite short squeeze criteria. Check out the list below: Wingstop (WING) Wingstop is reporting earnings … Read more
Mega-Cap Tech Earnings It’s been a busy week of earnings reports. So far, we have seen big moves post-earnings in Microsoft (MSFT) and Meta (META), with Amazon (AMZN) up today after the bell. Check out my thread for more analysis on the initial post-earnings MSFT move below: While the initial move was impressive, the continuation … Read more
Optionable Earnings Reports The most volatile of earnings weeks is upon us, with today specifically having what I’d argue to be the most impact. I peruse earnings calendars each week to look for opportunities in the options market. To find opportunities, I specifically look at Earnings Whispers combined with my custom tools in ThinkorSwim. With … Read more
Hey traders! This week, I did a special session on Youtube live, called ‘So, You Want to be a Trader?’ During this session, I covered the following: My 7-Step Plan to go from Zero to Trading The top technical pattern I use in all of my trading – The Squeeze Pro My favorite directional vs. … Read more
Earnings in Focus This week is all about earnings! Check out my watchlist for top tickers to watch. This quarter, earnings are not expected to be good. We are looking at a potential earnings recession this quarter, where we may see two quarters in a row of slowing EPS growth. This is absolutely true. But, … Read more
Bank Earnings Effect Each earnings season begins with the banks reporting first. This quarter, bank earnings are kicking off tomorrow, with the following companies reporting: JPMorgan Chase & Co (JPM) Wells Fargo & Co (WFC) Citigroup (C) BlackRock, Inc (BLK) PNC Financial Services Group (PNC) Banks can set the tone for the season. This is … Read more
A Fading Nasdaq Rally Last week was a short and quiet holiday week. This could be the reason for the softness in the Nasdaq, but there are a variety of other factors as well, including: The lack of a short squeeze when the put/call was extremely high due to shorts holding out Additional shorts coming … Read more
Why Trade Options? Why trade options? One of my favorite reasons is the leverage it provides and can be used speculatively, but traders can also learn to use options for creating income or hedging. The primary reason why I got into trading options was that it was an avenue that allowed me to get into … Read more
The Jump in Crude Crude oil prices have been trending lower since last June. Yes, there have been spikes along the way, but all in the overall direction of the trend, which is down. However, over the weekend, OPEC announced some surprise cuts, causing the price of crude to gap along with the SPDR Energy … Read more