First published at 10:26 UTC on October 16th, 2019.
Hey traders another big earnings day today, I hope you did well yesterday! I sold wells Fargo yesterday and made just over 15% on my trade so that was a good day! Hopefully, today will be just as profitable.
We have quite a few to look at today. I …
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Hey traders another big earnings day today, I hope you did well yesterday! I sold wells Fargo yesterday and made just over 15% on my trade so that was a good day! Hopefully, today will be just as profitable.
We have quite a few to look at today. I am going to just look at one which will be my star trade. Even though I was looking at Black Rock yesterday and that trade wasn’t as attractive as the Well Fargo trade I still like to try and pick the winner before the reports come out.
Today’s pick is Abbott Laboratories the overall trend is up and the expected earnings report is also a positive report. Add to the fact that the market was up yesterday and expected to be up today then this will be my pick of the day for a buy trade.
That is it for today guys, Rather a short video as I am not feeling great. This is the earnings Trader and I am out.
I am not feeling that great today so I probably won't be writing a blog just a video.
$BAC $ABT $PGR $USB $PNC $BK $CMA $ALLY $ASML $CBSH $FHN #TheEarningsTrader #trading #stocks
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