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Earnings season is in full swing… Trade the close with Lance LIVE at 3:30 p.m. ET TODAY! My Monday Morning Predictions for a Jam-Packed Week of Earnings, Data Hey, Graham Lindman here… Good morning! We have a jam-packed week ahead with… 1. The first week of trading Bitcoin after the latest halving — keep a close eye on the crypto miners like Marathon Digital (MARA), Riot Platforms (RIOT), CleanSpark (CLSK), et al today. 2. We have a lot of important economic reports like gross domestic product at 8:30 a.m. ET on Thursday, and Personal Income and Outlays at the same time on Friday, followed by consumer sentiment at 10 a.m. ET. 3. It’s also a BIG week for earnings with the likes of Tesla (TSLA), General Electric (GE), Meta Platforms (META) and Boeing (BA) reporting on Tuesday and Wednesday, followed by Microsoft (MSFT) and Google parent Alphabet (GOOG, GOOGL) on Thursday… And a whole lot more names in between. It will definitely be an interesting week as we are now in a new “twilight zone,” where the last round of earnings may have been a little bit overhyped… but the stock market has already sold off quite a bit since then, taking a major dive last week. I expect much more of a mixed bag of earnings this time around — with some more misses by big tech and chip stocks… But only time will tell as ANYTHING can happen with these earnings events. Either way, it’s nice to see a slight rebound this morning. Let’s see if it can hold. That said, let’s talk about my weekly projections… 🚨Monday Morning Predictions🚨 I took the last couple of weeks off as my data was pointing to a WEAK April, and I wanted to limit overall exposure to the stock market as a whole... Which was smart after last week’s massive sell-off. All in all, I do expect a bounce back for the short term, so let's talk picks. 🛒 I expect Amazon (AMZN) finish positive on the week: This stock has been the strongest in the tech space. Even if we have mixed ea rnings from other tech stocks this week, I think AMZN will bounce back. ₿ iShares Bitcoin Trust (IBIT) will finish positive on the week: I love the strength we saw in Bitcoin over the weekend, and I expect that to carry through the week. 🏦 Wells Fargo (WFC) will continue breaking out: This is a classic breakout pattern on this stock, which is in a seasonally bullish trend. 📉 The ProShares Ultra VIX Short-Term Futures ETF (BATS: UVXY) will get crushed down to the sub-$35 level: If we get lowered volatility this week, I expect this leveraged ticker to fall pretty good. That’s all for today! See How to ‘Hijack’ the Market With This Simple Method My good friend Nate Tucci has a unique way to “hijack” the stock market. And it’s not a matter of picking the next big Amazon-like stock… Or guessing on the next AI moonshot like NVDA… This is not as nearly hard as nailing amazing projections like those. As long as you deploy a certain type of trade before the end of the week…* Click to subscribe to updates from Automated Options and Nathan Tucci (privacy policy). Stay informed about the latest news and insights! Anyone could have a shot to target four figures depending on the size of the starting stake. But that’s not even the best part… Unlike most methods, you don’t even need to know WHEN to exit this trade… You don’t need to stare at stock charts… And you really don’t need to click ANY extra buttons. Once the trade is activated, you can sit back and let it work...AUTOMATICALLY. Although we can’t guarantee results or against losses — this is the stock market, after all… You can see more details of Nate’s unique “hijack” method… Disclaimer: The profits and performance shown are not typical, we make no future earnings claims, and you may lose money. The trades expressed are from historical data in order to demonstrate the potential of the system. Based on the backtested data between 1/3/20 and 4/22/24 the average winner has been 49.07% with the average return of winners and losers at 14.67% and an incredible 76.9% accuracy rate on a 10 day average hold time. Graham Lindman Graham Lindman Trading Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit thetradingpub.com/terms-of-service/ for our full Terms and Conditions. |
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