Liquidity is an important factor when considering an earnings trade. MU and NKE both have plenty of activity in this week’s options and will provide some opportunity around tomorrow’s earnings trades.
This video explains what I need to see to consider an entry.
Today’s low in Apple may be exactly what Nasdaq buyers need; I explain how in this video.
I’m typically not a fan of buying moves near extensions but when you have conviction there may still be opportunity. How do we gauge conviction and how can we trail up these ideas to lock in profits? BIDU and BUFF offer good examples of each.