TWTR Twitter Earnings Trade | Best Stock Picks Today 2-9-21

TWTR Twitter Earnings Trade | Best Stock Picks Today 2-9-21

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TOP STOCKS TO BUY NOW

Trading Game Plan: 2-9-21

Twitter (TWTR) Earnings Expected to Grow: Should You Buy?
The market expects Twitter (TWTR) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2020 Source:

Twitter Gains Ground Ahead Of Q4 Earnings Report
Shares of Twitter gained upside momentum and are trying to settle above the $58 level after a Bloomberg report stated that the company was evaluating subscription offerings to boost its revenue.

Twitter will provide its quarterly report on February 9, after market close, and analysts will surely ask questions about company’s plans in the subscription space. Source:

In today's video we outline the next trade setup for TWTR and give my profit target.

The SPY ETF notched it's 6th consecutive well-bid candlestick giving us reason to expect profit taking today.

RIOT and MARA are on fire in sync with the crypto rally. Congratulations to members of the boot camp who own both stocks.

CGC reported earnings before the bell and EPS disappointed. The bullish run of the past 10 weeks looks ready for a pause before a new swing trade.

NVDA exploded into an energy candlestick and broke a multi-month resistance level. I'm looking for a strong close today to consider a new long.

VLO and NET both traded into breakouts and give us new opportunities today (discussed in the video)
Other big earnings scheduled for today include: CSCO, LYFT and ENPH. In total we discuss ten potential stocks picks for today.

One other note to mention, PINS (Pinterest) traded lower the previous few days on heavy volume.

Pete

Pete Renzulli
 

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