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META Earnings FAIL

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The stock market saw HUGE SWINGS today as the third positive day of trading quickly turned red after hours following the earnings from META stock. Although it seems META is in its own industry, almost every tech stock sold off following the report as investors got spooked on more weaker guidance and talks of more spending. This was a stark contrast to what we saw yesterday following TSLA, but now the stage is set for MSFT & GOOGL stock tomorrow, plus big data in the morning. It will be interesting to see where futures open up and the effect overseas, but for now it looks like we futures are trading back to the Monday open. After this brief market recap and META stock analysis, I go over my portfolio and 3 stocks for tomorrow. I go over AMZN stock & GOOGL stock and explain how I am trading those for earnings. Then I go over TDOC stock and the news today surrounding UNH stock. Finally, I go over INTC stock and explain how pivotal their earnings are for the chip stocks tomorrow.

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posted by enformada4k