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Showing posts from July, 2023

Alphabet's Stellar Q2 Earnings Beat Expectations, Stock Surges 6%

Google Parent Company's Robust Performance Fueled by Ad Revenue Growth, Cloud Profits, and AI Initiatives Google's parent company, Alphabet, exceeded expectations in its second-quarter earnings report, sending the stock up 6% in after-hours trading.  The company reported a revenue of $74.6 billion, surpassing the estimated $72.75 billion, and earnings per share of $1.44, beating analysts' expectations of $1.32. Google's advertising revenues for both its main platform and YouTube were higher than predicted, with $58.14 billion and $7.66 billion, respectively. The Google Cloud business also turned a profit, generating $8 billion in revenue with an income of $395 million. Check Out Video --> GOOG Price Analysis Alphabet's total operating income for the quarter was $21.8 billion. In light of these strong financial results, Ruth Porat, the CFO, will assume the newly created role of president and chief investment officer while retaining her CFO responsibilities. The re

Kal's Option Trade of the Week - GOOGL Earnings Trade

The market appears to be a little stagnant right now and that could be because we are in earnings season. Everyone is waiting around to see how all the companies are actually doing. Whatever the reason, it seems like a good time to learn how to trade earnings and stay in the game while the opportunities are limited everywhere else.  We will start with GOOGL earnings Tuesday afternoon.  Watch  the video  to get the details. Kal Trading Risk Disclaimer   All the information shared in this video is provided for educational purposes only. Any trades placed upon reliance of SharperTrades.com are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, commodities, options and forex, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. This is not an offe

Netflix's Q2 Earnings Report: Business Is Strong as Subscriber Base Surges

Netflix's second-quarter earnings report revealed a thriving business with impressive results. The company added a substantial 5.9 million subscribers during the quarter, and it expects a similar gain in the next quarter. This growth can be attributed to successful initiatives, such as cracking down on password sharing and introducing a cheaper $6.99 per month advertising tier, which attracted new subscribers, particularly in the United States and Canada. In contrast to its media industry counterparts like Disney and Warner Bros. Discovery, which have been cutting content and laying off employees to improve cash flow, Netflix boosted its free cash flow estimate to $5 billion for the year, a significant increase from its previous estimate of $3.5 billion. The impact of actors' and writers' strikes on content spend was milder than expected, contributing to the company's stronger cash position. Check Out Video --> NFLX Price Analysis Looking ahead, Netflix predicts furt

Amazon's Prime Day Sets New Records and Solidifies E-commerce Dominance

Amazon's highly anticipated Prime Day event has once again proven to be a tremendous success, showcasing the continued growth of online spending and the undeniable influence of the e-commerce giant.  According to Adobe Analytics, online spending in the United States surged by an impressive 6.1% to reach a staggering $12.7 billion during Amazon's two-day promotional extravaganza. This surge in sales highlights the insatiable appetite of deal-seeking consumers who eagerly took advantage of the event to snag home goods and household essentials at discounted prices. Check Out Video --> AMZN Price Analysis Record-breaking Prime Day Amazon proudly proclaimed this year's Prime Day as its "biggest ever," with over 375 million items sold worldwide, a significant increase from the 300 million items sold in the previous year. The sales event, spanning 48 hours from Tuesday to Wednesday, was a magnet for millions of shoppers seeking incredible deals. Although Amazon did no

Kal's Option Trade of the Week - NKE Vertical

The market has been range bound for the last few weeks with volatility on the decline, and earnings all over the place.  So where to go to look for a trade? Nike has already had Earnings and is near a low of the year, so seems like a good option.  As a contrarian that can mean only one thing to me: I have to make a trade with the assumption it will go up from here over the next 45ish days. We will do that by making a Long Call Vertical trade to bet that it starts to head up over the next couple months. For more on my trading and how to join me in real time, see below. Watch  the video  to get the details. Kal Trading Risk Disclaimer   All the information shared in this video is provided for educational purposes only. Any trades placed upon reliance of SharperTrades.com are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, commodities, options and forex, there is also substantial risk of loss. All tr

Mastering Flag Breakouts for Profitable Trading!

    "Flags" are one of the most common chart patterns. Also known as "consolidation" after the stock has moved up, Trading flag breakouts often provide favorable risk-reward ratios.  By defining specific entry and exit points, you can assess the potential profit relative to the risk taken. This risk-reward advantage enhances your overall profitability when trading flag breakouts, or flag break below. ⚐ Flag breakouts offer a well-defined pattern on the price chart. The consolidation phase forms a distinct flag shape, providing a visual cue  to anticipate a potential breakout. This clarity helps you to feel confident enough when to take the trade.  ⚐ Flag breakouts offer high probability setups: They occur within the context of an existing trend . The consolidation phase represents a temporary pause. Once the breakout occurs, it signifies a resumption of the original trend, leading to strong price movements.  By aligning  trades with the prevailing trend, you can

Building Wealth Brick by Brick: The Power of Long-Term Investing!

  The Power of Long-Term Investing  (Ideally, between 5 & 20 years) Key Principles to keep in mind when deciding what companies you should "Buy and Hold": 📈 Invest in What You Know : Invest in companies and industries that you understand.  By focusing on areas you have knowledge about, you can better analyze the company's prospects and make informed investment decisions.  📈 Invest in What You Believe : Invest in companies that align with your values and beliefs. This approach helps you to stay committed to your investments even during periods of market volatility! 📈 You Must Do Your Own Research :  Conducting thorough research on companies before investing- This includes studying their financial statements, industry trends, and competitive advantages. As an Individual investor, you have an advantage over institutional investors because you have more time and flexibility to uncover undervalued opportunities!  📈 Seek Out GROWTH Companies: Look at companies wit

Is Bitcoin Ready to Make Another Move? It Looks Like It. Watch Video

Bitcoin is back above $30,000. Ethereum is trailing behind ($1,960). Today we take a look at the technicals for Bitcoin (BTC) Ethereum (ETH), as well as two crypto miners: MARA and RIOT. Watch this video  to get the technicals. Good trading!  Trading Risk Disclaimer All the information shared in this video is provided for educational purposes only. Any trades placed upon reliance of SharperTrades.com are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, commodities, options and forex, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. This is not an offer to buy or sell stocks, forex, futures, options, commodity interests or any other trading security.