Stock Market Earnings Reports-MSFT-TSLA-BA-CAT
Microsoft’s earnings report will likely make believers out of cloud-software skeptics
Microsoft’s quarterly results to be released this week will tell us whether fears about the cloud-software industry are warranted.
Revenue growth in the cloud sector has been phenomenal and, according to research firm Gartner, is poised to accelerate.
marketwatch.com/microsofts-earnings-report-cloud-software
Tesla (TSLA) is about to release its Q3 earnings — here’s what to expect
Tesla (TSLA) is set to announce its third-quarter 2019 financial results today, Wednesday, October 23, after the markets close.
It’s the second quarter in a row that Tesla achieved new record deliveries – albeit only a slight beat over the last record. Production is up more significantly with the automaker producing almost 10,000 more vehicles than during the previous quarter.
electrek.co/tesla-tsla-q3-earnings-preview/
Boeing Rises Ahead Of Earnings Amid Encouraging Signs, Top Exec's Departure
Boeing (BA) stock rebounded Tuesday on indications the 737 Max crisis may soon ease, ahead of the Dow Jones giant's third-quarter earnings report Wednesday.
Analysts see Boeing earnings tumbling 43% to $2.04 a share, excluding any new 737 Max charges, down from $2.09 on Friday.
investors.com/boeing-earnings-stock/
Caterpillar shares tank after company cuts forecast again, earnings badly miss the Street
Shares of Caterpillar plunged on Wednesday after the company slashed its full-year outlook and posted disappointing second-quarter results.
Shares of Caterpillar fell nearly 5% in premarket trading on Wednesday.
cnbc.com/2019/10/23/caterpillar-earnings
Google Claims a Quantum Breakthrough That Could Change Computing
BIIB Biogen stock chart 10.23.19
The Market Analysis Stacking System (M.A.S.S.)
Most traders believe their losses are the reason for not getting paid. For not having a breakthrough in their P&L.
It's simply not true.
Once you understand how to properly take losses, to accept risk, your losses should be reasonable. Or better yet, they should be acceptable based on your account size.
If you become a good risk manager, then the reason you aren't getting paid is your winners.
That's right, the silent force holding down you trading account is your winning trades. It means you don't yet know when to trade for cash flow or when to build a position.
It's those position trades you are missing. The big winners. And you're missing them because you don't know how to stack an argument for a good idea.
Most traders who enter the coaching program have the same problem, I'll explain it this way... "I know everything about chart reading but I can't get paid."
Introducing the The Market Analysis Stacking System (M.A.S.S.)
To simplify the system and the concept think of it like this, each trade is unique in that each trade does not offer identical profit potential.
Quite simply, some trades are better than others. Yet most traders only see once slice of the edge.
Take this chart of BIIB. Yesterday was an incredible bullish gap and massive day trading potential.
But how strong of an argument could you stack for the trade?
>> BTW the STRENGTH of your argument dictates the aggressiveness of your position. Meaning how many shares, how long you hold the position and how many positions make sense <<
Prior to the bullish gap the stock price sat in a trading range for months, there wasn't a bias to order flow. The stock was flat. So no edge. That decreases the argument.
The gap was bullish, but the stock price continued to trade lower. A possible short sale for a day trader but the conflict between the gap and the downward movement decreases the argument.
Anything that increases or decreases your argument affects how you should manage the trade. When you learn to do this properly you start to hold your winners for much bigger gains.
And truth be told, this is only ONE LAYER of M.A.S.S.!
In the coaching program we have other criteria that includes the market internals, general market, the sector, the industry and then, lastly, the stock itself!
Can you imagine how much money you are leaving on the table (and out of your account) if you are ONLY building an argument from what your stock is doing right now?
If you're ready to learn trading at the highest levels, schedule a private coaching call today.
Have a great day
Pete
