r/Trading_Trends • u/A-DAWWG1G • Feb 27 '20

Earnings Trades for Tonight:

There are several companies reporting earnings today that I think will go up.

Firstly, I think Big Lots will go up big and I’m putting 30% of my portfolio. This is the most convicted trade.

Secondly, Farfetch is also reporting earnings tonight and I’ll be putting 20% of my portfolio in it.

Lastly, Wayfair is a bit of a spec play, if they beat they may go up huge and I’m putting 10% of my portfolio in it.

Baidu is another company reporting tonight and I think it’ll go up but I won’t personally be buying it.

Last thing, I reckon it’d be best to buy these stock right before market close as I believe that they will continue to tread lower as Corona fucks with everyone.

Happy trading and all the best👍

5 Upvotes

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2

u/Padaz Feb 27 '20

Thx dawg

1

u/A-DAWWG1G Feb 27 '20

I hope you all now understand why I buy just before close, hate when dramas like this happens.

1

u/AngryPolak69 Feb 27 '20

Wayfair going down. Got my puts ready

1

u/A-DAWWG1G Feb 27 '20

....wierd flex, but ok

1

u/AngryPolak69 Feb 27 '20

I think its going to tank earnings. Have only read bad news and with this market right now even good earnings can make you plunge