PL is one of my favorite Earnings Hot Zone picks, because it has demonstrated that it consistently rallies both before and after earnings, and it has entered the Hot Zone today with 15% high short float. Check out my price targets and options ideas in the video.
Markets have seen a strong week, adding to gains from the prior four weeks. Everything I look at would imply this is a regime shift and that bulls are solidly in control and will remain that way.
The market just did it again. SPX and NDX printed fresh all-time highs, and what looked like a boring range day turned into a breakout. Here I walk through a hypothetical Friday setup if SPX rejects the weekly H1 pivot at 7250, including an example put debit spread trade idea. There are a few other stocks setting up beautifully, including GOOGL, ROST, and energy names in ideal squeezes.
It’s the Super Bowl of earnings this week, and today had no shortage of action. Here I walk through real examples using Microsoft (MSFT), Meta (META), and Google (GOOGL), and explain why my unbalanced butterfly strategy works when options premiums are inflated and time decay accelerates after earnings.