Best Stock Picks Today | Trading PYPL Earnings 2-4-21

Best Stock Picks Today | Trading PYPL Earnings 2-4-21

PayPal Stock Rises As Initial 2021 Revenue Guidance Meets Expectations

PayPal Holdings (PYPL) reported fourth-quarter earnings and revenue that topped Wall Street estimates as e-commerce continued to boom amid the Covid-19 pandemic. PayPal stock rose as initial 2021 revenue guidance met analyst targets.

Apple and Hyundai-Kia pushing toward deal on Apple Car

Apple is close to finalizing a deal with Hyundai-Kia to manufacture an Apple-branded autonomous electric vehicle at the Kia assembly plant in West Point, Georgia, sources tell CNBC.

https://www.cnbc.com/2021/02/03/apple-and-hyundai-kia-driving-towards-deal-on-apple-car.html

The stock market pushed towards fresh all-time highs but for some reason the price action feels “heavy.”

We're finding trades in unusual stocks which is not normal for a bull market (it's a sign of a top).

PYPL earnings are showing the stock price trading $20 higher from our optimal entry point. I'll be looking to trail my stop loss higher.

SAVA had great news this week and continues to be a great stock for day traders. For my swing trading I'm waiting for a pause before entering a swing.

FANG and MPC showed solid energy candlesticks into breakouts so they've made it into game plan today.

The OSTK bullish u-turn from two days ago paid off in spades yesterday, and our next target is 100.

Earnings scheduled after the close today include: SNAP, PTON and PINS

Pete Renzulli
 

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