My Favorite Earnings Strategy
There are so many ways to play earnings, but not all of them are going to have the probability of profit of this spread. Let’s look at a few we did today and how it might apply to APPL tomorrow.
There are so many ways to play earnings, but not all of them are going to have the probability of profit of this spread. Let’s look at a few we did today and how it might apply to APPL tomorrow.
In this video, Allison walks through META for a possible earnings play to take through the announcement.
This ticker gapped up 23% after earnings last quarter, and has a pre-earnings 21 day average of 10%. It was down today, but it’s still in a squeeze above support on the daily chart. Danielle likes this ticker for a potential pre-earnings rally.
With the next FOMC rate announcement scheduled for Wednesday, we may not see much movement in the markets going into that date — even though there is a 97% chance of a pause. However, we also have a lot of tech earnings this coming week, many on Wednesday after the bell. Both of those events together could be the catalyst for the next move.