ROKU Stock Earnings | Best Stock Picks Today 2-18-21

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Trading Game Plan: 2-18-21

Roku Earnings: What to Look For

Investors will focus on Roku's growth strategy and whether it can end its long string of losses when it reports earnings on February 18, 2021 for Q4 FY 2020.2 Analysts expect Roku to post a narrower loss per share compared to the same quarter a year earlier, as revenue continues to expand at a rapid pace.

Analysts expect Roku to report a loss per share in Q4 FY 2020, though it will be less than half as big as the same quarter a year earlier. Revenue is forecast to rise 49.2% compared to the same three-month period a year ago. Source:

Last week we mentioned a weaker sector rotation which made us reduce position size. We're starting to see the market crack and less stocks making new highs.

Good trading requires that you notice these things so you can anticipate, instead of react.

Cruise lines traded into areas that have me adding them back to my watch list as potential swing trades. RCL, CCL and NCLH.

FCX, TRIP and VLO showed solid relative strength and fresh breakouts so I'm creating a game plan to start new swing trades.

RIOT and MARA continue the march higher. Nice job if you have them from lower prices. Yesterday we discussed trailing a stop loss to protect profits.

TLRY earnings beat expectations so we're looking for the smart money to show the group some love today and begin building new positions. If that happens I plan to initiate new swing trades, but working the order in pieces.

QS started to show signs of accumulation, but right now it's only a day trade for me. I need to see more time.

WMT is scheduled to report earnings before the market opens. AMAT and ROKU are after the bell.

Pete