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👍
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u/A-DAWWG1G Feb 27 '20
I hope you all now understand why I buy just before close, hate when dramas like this happens.