Traders’ Paradise
With so many megacap tech companies reporting their earnings this week, QQQ will likely move +- 1% every other day.
The implied volatility for the five Mag 7 stocks that are going to report their earnings the next few days ranges from 2.8% to 7.2%.
Expect huge swings from indexes and individual stocks.
Traders will definitely love the volatility.
The implied volatility for the five Mag 7 stocks that are going to report their earnings the next few days ranges from 2.8% to 7.2%.
Expect huge swings from indexes and individual stocks.
Traders will definitely love the volatility.
From YouTube
$Johnson & Johnson (JNJ.US)$ $MasterCard (MA.US)$ $Visa (V.US)$ $PayPal (PYPL.US)$ $UnitedHealth (UNH.US)$ $Spotify Technology (SPOT.US)$ $Snap Inc (SNAP.US)$ $Palantir (PLTR.US)$ $GlobalFoundries (GFS.US)$ $ARK Innovation ETF (ARKK.US)$ $Lululemon Athletica (LULU.US)$ $Snowflake (SNOW.US)$ $Peloton Interactive (PTON.US)$ $NIO Inc (NIO.US)$
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Successful investing is about managing risk, not avoiding it. DYODD
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