Trading ZM Zoom Q4 Earnings | Best Stock Picks Today 3-2-21

Trading ZM Zoom Q4 Earnings | Best Stock Picks Today 3-2-21

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Trading Game Plan: 3-2-21

Zoom Video Communications (ZM) Q4 Earnings and Revenues Top Estimates

Zoom Video Communications (ZM) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 56.41% Source:

Nio Stock Falls Late On Mixed Q4 Earnings Report; Feb. Deliveries Slow

Nio (NIO) missed Q4 estimates on the bottom line but edged past top line forecasts, after Chinese electric-vehicle rival Li Auto (LI) reported a surprise profit last week. Nio stock fell late. Source:

Solid price action in the stocks market to start the new month. But I was very clear yesterday that one day is now enough to increase my conviction level.

We need an encore. The fortune is in the follow up. We need confirmation in the form of well-bid daily candles.

NIO earnings did nothing to change the bearish order flow so it's in my game plan as a sell short today.

ZM (ZOOM) traded up to 456 after hours, after earnings. I'm looking for a swing trade entry today above 456 and a run to 500.

RKT earnings finally pushed the stock price above the 24 level and in pre-market trading today it's nearing 27. I like the stocks to make a run to 37 but I need to see a pause. The stock has rallied the last 4+ days so I want a better spot to manage risk.

Pete

Pete Renzulli
 

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