Microsoft earnings are today at 4:15pm. My range is: low $217, mid $226, high $235. I actually think on a totally speculative hunch + technicals are out in front of their skiis, that MSFT will go down after it's earnings call, but I'm bullish long term as far as holding shares.
2nd Quarter December 2020
Consensus = EPS: $1.64 Revenue: $40.12 Billion
Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends...
Thanks for all this. I executed my plan to sell as soon earning are out. Sold for $247 and now I can relax.
Options360
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@reisejoker24, brilliant. Sell into strength. Although we'll see wassup tomorrow during market hours. I was surprised they had such an amazing quarter. Everything positive in MSFT earnings call, Even their cloud business is growing strong
reisejoker24
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@growerik, yea, looking forward to tomorrow, should be good day for daytrading :-) Indeed, MSFT will probably hold up strong tomorrow, will see.
Options360
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@reisejoker24, I'm surprised but now I know earnings it prolly hits $250 before calming down tomorrow. Goodluck
K-alonzi
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AMD may have big up today however the options are crazy expensive ! i'm testing a strategy on big gap earning's day . Let's how it goes .
Options360
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@K-alonzi, AMD earnings movement range is $85, $95, $105. lol. One never knows for sure what the market is going to do price action wise from earnings. Sometimes good report stock price goes down and bad report stock price goes up. ha. It's usually safest to sell at 3:59pm before earnings. tee hee. Be careful, good luck!
K-alonzi
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@growerik, You nailed it ! beats get hammered and below estimates get bought up that's why i studied the price action " price and volume " to what sort of patterns they have in similar . I'm paper drafting since six months i won't touch it live yet . Thanks you too trade safe .