Apple Reports Earnings Monday After the Closing Bell. It is one of the most anticipated earnings reports of the quarter.
Here is the earnings playbook:
Amazon capped a record week with an almost 15% on the day. In Wednesdays Earnings Playbook I highlighted the $415 Calls at $6.00. Those options traded for over $30 today.
$AMZN WEEKLY CALL CHAIN TODAY
$MSFT pulled off a big earnings move as well soaring over the expected $1.50 move and seeing it another $3.00 for a $4.50 total move. The $44.50 calls at $.25 I highlighted in the Earnings Playbook proved their worth soaring over 1,000%.
$MSFT $44.50 Call Chart
There will be a time to be excessively bearish about the stock market. That time has yet to surface. The trend remains up. The dips bought. The corrections small and 'transitory'. The euphoric stock bubble, despite all the commentary to the contrary, has still yet to reveal itself. Stocks are soaring around the globe, but the stocks that are soaring aren't revenue-less unknowns. They aren't flash in a pan start-ups.
It's the Home Depots, The Disneys, The Boeings. Share buybacks, dividends, and steady growth are keeping the bid under these stocks. There will be a time to get bearish, to trade for continuous downside.