Good day, MarketClub Members! So, what do I mean when I say 3 for 3?
1: Let's start with Apple, Inc. (NASDAQ:AAPL) - The Trade Triangle technology indicated that the trend was heading lower and Apple was most likely to report disappointing earnings. That is exactly what happened when Apple reported its earnings after the close on 1/26/16. Apple opened lower the next day giving members another winner and profits up to 92% on options trades.
2: Next I recommended that a sidelines position was warranted in Amazon.com, Inc. (NASDAQ:AMZN) as the Trade Triangles were mixed indicating that there was no strong reason to take a position. The trading hours before the close showed Amazon up over 9%. Reality kicked in after the earnings announcement as Amazon gave back all of its earlier gains justifying the sidelines position.
3: Alphabet, Inc. (NASDAQ:GOOG) - Yesterday a weekly Trade Triangle turned green aligning with the monthly Trade Triangle indicating a long position was warranted. Members were rewarded as Google jumped $40 in after-hours trading giving members another winner.
3 stocks to watch today after they release their earnings after the close are: [Read more...]