NVDA
NVIDIA
-- 140.110 RGTI
Rigetti Computing
-- 10.0400 TSLA
Tesla
-- 394.940 IONQ
IonQ Inc
-- 30.250 TSM
Taiwan Semiconductor
-- 207.120 
Earnings
PATTERN SIMILAR TO OTHER AFTER EARNINGS WINNERS
PROFITS ARE BEING TAKEN BEFORE EARNINGS WHICH IN MY OPINION MEANS THAT THEY ARE EXPECTING A BLOWOUT QUARTER JUST LIKE EVERY OTHER HYPERSCALE CLOUD PROVIDER.
IF NOT FOR THE BAD ECONOMIC NEWS TODAY I WAS THINKING MAYBE A $10+ DOLLAR GAP UP AFTER EARNINGS, BUT THAT SAID I STILL EXPECT GOOD NEWS AND BELIEVE STOCK FINALLY BREAKS OUT OF THIS MULTI YEAR REBUILD THEY HAVE BEEN IN.
AMAZON BULL
Im LONG AMAZON
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Discussing
Trump 2.0 countdown: What's the next big opportunity in the markets?
Trump is gearing up for a return to the political stage, and his "America First" tariff policies, along with his stance on cryptocurrency an
Michael McCarthy CCO
Jan 3 11:57
Ask a strategist - Trump's first day
HH1000 : why would one take profits before earnings if you expect them to expect a "blowout" quarter?
Charles Owen OP HH1000 : Sell early in the day or even afternoon as long as it’s before the big drop off that you see right before the close of the market,
Then these guys buy back in right at the last possible minute and they are rewarded basically a twofold in whatever price move they see after the earnings are announced.
This has been a trend early on in this earnings season, stocks moving higher into earnings have a good record of falling off after they report “NETFLIX” “META” just to name a few and then the other side is stocks declining into earnings and then seeing a run up after earnings.
This is by no means %100 but it has been working for me recently.