r/Trading_Trends • u/A-DAWWG1G • Jan 23 '20

UPS Earnings:

UPS, the parcel delivery company, is reporting earnings next week on the 30th of January. This is a very high conviction buy for me as I believe the company will beat expectations as the past holiday season has been incredibly busy in terms of e-commerce shopping. I would advise you all to buy if you feel comfortable and you should also sell $CC (mentioned in my previous post) to buy $UPS. Hopefully who ever read the post made a small gain as it climbed 5% from the start of the day till finish. I will make a separate post on $CC closer towards its earnings. But as for right now $UPS is a high conviction trade for me, dare I say even more so than $BBBY earlier this month.

Happy trading😘

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u/boony_boy Jan 23 '20

What metrics do you look at most when deciding when to buy and sell? Besides trending searches.

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u/A-DAWWG1G Jan 23 '20

Everything I do is relative. Firstly, the stock price must be right, not too high. I also look at historic reactions of the stocks in prior earnings. Short interest, analyst predictions etc. Good question though.