dani face dani quote

Trading Tractor Supply on Earnings

Earnings Focus

As we dive deeper into earnings season, it’s critical to understand the impact that individual companies, particularly the effect that crucial stocks in major sectors have on the stock market itself. Even if you’re not interested in trading options on earnings, it’s still important to have a gauge on when and where these reports are occurring, and more importantly, to pay attention to key factors noted by the executives in the meetings.

The companies I’m particularly interested in are generally going to be the companies with the largest market cap, that are unique, leaders in their fields and sectors. The way in which these companies manage during any time, particularly trying times like these, is critical. The idea is that if the biggest, most well-known, and popular companies in their sector or industry group are struggling, then what hope do the little guys have?

Some factors, especially this quarter, that are impacting earnings, including EPS, revenue, and future guidance include:

  • The rising dollar
  • High inflation
  • Supply chain issues
  • High fuel costs
  • Bear Market
  • Crypto Crash
  • …and more!

However, there are some companies that are shining stars, despite the ongoing economic circumstances. Tractor Supply is one of them. Now, I had never even been to a Tractor Supply until I moved to rural Texas and decided to raise baby chicks and plant a large garden, but I’m glad my life changes have turned me onto this company that is very popular and favored in areas like the one I live in.

But, it’s not just the chicks, it’s a variety of technical and fundamental factors that have turned me on to the company. Check out the video below to learn more!

It has earnings coming up this Thursday, July 21st, where we’ll get a chance to learn more about how they are doing. I’m betting they are going to do well!

Want to learn more about earnings season and how I’m managing it? Join me in the Stacked Profits Mastery program to learn more! 

Up Next...

Options Trading Opportunities Throughout Earnings Season

Hey traders! I’m so glad so many of you were able to join me at yesterday’s session after market close in our Simpler Trading Free Trading Room! I always enjoy after-market sessions, where I’m able to slow it down and cover a timely topic in detail. Yesterday, the topic of the hour was ‘Best Options … Read more

Read More

Trading Options on Earnings

  Traders and investors should always be looking for seasonal opportunities in the stock market. One of the easiest to identify seasonal opportunities is earnings season. Why? The timing is pretty much indisputable. While other seasonal trades such as, ‘sell in May, and go away,’ and the January effect is based on the calendar as … Read more

Read More

Options 101: Calls & Puts vs. Debit Spreads

Directional Trading Using Options Here at Simpler Trading, we trade options primarily in a directional manner. To do so, we use strategies such as calls, puts, and debit spreads. Still, each strategy has specific reasons why you chose one over the other, plus specific advantages and disadvantages. Most traders get into the options market using … Read more

Read More

Subscribe Today!

Want to walk the path to trading success together? Join Danielle’s “Five Star Trader” E-Letter for market insights, tips, tricks, and special bonuses.

Sign Up Now
all-as-seen-on-logos