TSLA Tesla Inc Reports Earnings After Meteoric Advance 1-29-20
Tesla Logo TSLA
Tesla earnings: Will results help keep the rally alive?
Tesla Inc. stock “already left the orbit,” but, on Earth, here comes the hard part for the Silicon Valley car maker. Tesla TSLA, +1.59% is scheduled to report fourth-quarter earnings after the bell on January 29, 2020.
The company will have to convince investors that its fundamentals justify the string of record highs the stock has hit since mid-December.
Microsoft Reports Earnings on Wednesday: 3 Key Themes to Watch
With a market cap of about $1.24 trillion as of Monday, Microsoft (MSFT) is the second most valuable tech stock in the world right now, behind Apple (AAPL). But many investors see more upside ahead for Microsoft shares in 2020.
Facebook Stock Near High With Quarterly Earnings Report Coming Up
As Facebook stock trades near record highs, the social media giant is set to report fourth-quarter earnings on Wednesday, with several Wall Street analysts expecting solid results.
“We expect Facebook to report solid top-line growth with potential for upside to our and consensus revenue estimates,” KeyBanc Capital Markets analyst Andy Hargreaves said in a note to clients.
Fed likely to keep interest rates on hold, focus on balance sheet
WASHINGTON (Reuters) – The Federal Reserve will conclude its latest policy meeting on Wednesday with interest rates almost certainly to remain on hold but officials likely to discuss possible changes to how they manage the U.S. central bank’s key overnight borrowing rate.
Man Who Predicted Central Bank Shift Reveals Newest Prediction
Stocks have soared since hard-asset expert Bill Shaw predicted a central bank shift a year ago. Today, Shaw has a brand-new prediction, which could have a massive impact on your wealth in 2020.
NFLX 15 minute chart
Hello and welcome back to a big earnings day for trading...
Apple offered great numbers and rallied after-hours and we can expect continued volatility this morning. Which brings me to today's trade of the day.
Today I'll be introducing a setup that can be used in any of the stocks reporting earnings. It's an old-school play on tape reading that has become my bread and butter play for easy wins.
This chart of NFLX shows the order flow between 9:30-4pm after earnings were reported. The two days after the earnings report are shown. The red line and the blue line represent the opening price for each day. Which means the first recorded price of that day.
Many unprofitable traders attempt to interpret the earnings numbers. It's hard to do and not necessary for our main goal, which is to get paid.
We only need to apply our tape reading skills and use the open price as our main number to determine if we are bullish or bearish for the day.
This play does not consider long-term order flow. It's purely a day trade for the days following earnings.
Day #1 you can see the stock price stayed below the open price for the majority of the day. Day #2 the stock price stayed above the open price and exploded higher for an amazing day of trading.
This strategy is relying on earnings volatility and day trading setups. It's pure magic when you realize the power in its simplicity.
Today we have AAPL, and the next 2 days MSFT, FB and TSLA to apply the strategy.
Keep it simple and go get-em.
Have a great day.
Pete
