Amazon.com AMZN Earnings Report | TSLA Explodes 20 Percent
AMZN Amazon.com Stock Chart Before Earnings 10.24.19
Tesla stock rallies 20% after surprise quarterly profit
Tesla Inc. shares rallied more than 20% in after-hours trading Wednesday after the Silicon Valley electric- car maker reported a surprise quarterly profit and said key projects, including the next vehicle in its lineup, were ahead of schedule.
The stock zoomed past $300 in after-hours trading. It traded as low as $251.35 in the regular session.
marketwatch.com/tesla-stock-rallies
Amazon Earnings Report Will Spotlight One-Day Shipping Execution
Amazon (AMZN) reports third-quarter earnings on Thursday, with Wall Street analysts expected to put a focus on the company's free one-day shipping program and its impact on profit. The Amazon earnings report is due after the market close.
Analysts are seeking information on the financial impact and expansion of Amazon's free one-day shipping program, as well as guidance on future investments.
investors.com/amazon-earnings-report
Amazon acquires Health Navigator for Amazon Care, its pilot employee healthcare program
Ford’s shares slide on lower year-end guidance, weak demand in China
THE SECRET TO PROFESSIONAL TRADING
Trying to learn on your own can be tough. Some stuff you read in a book, some stuff you see on YouTube, but unless you are in a real-time market with someone making money, it can take a long time to finally figure it out.
Too many smart traders drain their accounts before they learn the ropes.
Here's the direct path that works. "You need to stay in the game long enough to learn what doesn't work, so you can see enough market conditions to learn how to make money."
Most traders try to make money from day one.
Stop that.
You should see everything as a giant feedback loop giving you clues to the puzzle.
During this time you MUST keep a journal, what works, what doesn't. I can hear you now..."But Pete I don't need to keep a journal, I'll remember the next time.
Trust me you won't. You'll be too focused on getting paid. You should be focused on creating a plan that works for you.
So here are some secrets:
We are risk managers. You don;t need the perfect entry. Yes you need a good entry but to get paid, the idea is more important than the entry price. You can always "work the entry." Stopped out? Get back in! " I call this getting a "head start."
Stop caring about the result of each trade. We are trading our edge, which by the very definition means over a large sample size. Each trade means nothing. Let your edge pay you.
Keep losses small while you are learning. It's the only way to stay in the game. Sure you can always refund your account. But if you're smart, you won't need to.
Define your "A+" setup. Know when you have a great opportunity and seize the moment. You must earn 2,000 on a 2,000 trade. You can't turn it into 800 and feel good. That missing P&L is the difference between mediocrity and your dream life.
Know when you are trading for cash flow versus trading for wealth. Cash flow is with the most recent momentum, wealth is when order flow AND momentum are in sync.
This is just the beginning of the list.
The key to the secret is "Pay Attention." The stock market gives you feedback on every decision you make. Keep good notes on the results and see it as feedback.
It's feedback, not failure.
Follow this plan and you will be amazed at the results.
Have a great day.
Pete
