EarningsBeats.com Digest for February 3, 2020
|
Trading Places Live!
Join Tom Bowley for a briefing on market activity on Mondays and Wednesdays from 9-9:30 am EST before the opening bell. Click here to listen live!
Dear EarningsBeats Digest Member,
In case you missed it...
Saturday's Webinar, "Exploring the NEW StockCharts.com ChartList-Sharing Feature and Earnings Encore" was a great success! During the event, EarningsBeats.com's Chief Market Strategist Tom Bowley laid out in detail a new feature that allows us to share our Strong Earnings ChartList instantaneously with members.
In addition, Tom revealed 87 charts scheduled to report earnings this week, starting this morning, that he feels will beat or miss earnings expectations and could present high reward to risk trading opportunities. These 87 stocks are contained in two lists and can be accessed by all EarningsBeats.com members, including those who are on a trial membership. So if you
are currently NOT an EarningsBeats.com member and want to get access to the 87 stocks plus everything we have to offer for 30 days at NO COST, just click below.
Here is a link to the recorded webinar:
Lastly, as promised, here is a link to sample our current Strong Earnings ChartList (SECL). Tom detailed how to view and/or download the list in the webinar above. If you like what you see, consider becoming a member to ensure that you receive updates to the list going forward:
************************************************
A Bad Stock In A Bad Industry Group
************************************************
I don't think it's worth the risk to hold a poorly performing stock, especially when it resides in a very weak industry group. That's what will go down tomorrow morning when one of the recreational services companies ($DJUSRQ) reports its latest quarterly results. It only takes one glance at the following chart to realize that Wall Street is not overly
impressed:
Obviously, there are no guarantees and it could be a case of MSGN having much better-than-expected news and they're simply keeping it to themselves. Personally, however, I wouldn't take that chance. When I look at those lower panels and I see everything moving lower from left to right, it's a clear warning to me. Wall Street doesn't like MSGN and, until I see
something different on the chart, I don't like it either.
Happy trading!
Tom Bowley
Chief Market Strategist
EarningsBeats.com
Better Timing. Better Trades.
|
|
|