Posted by traverse on 25th of Jun 2024 at 07:04 pm
Just a general question for anyone who has a thought because it
comes up during earning season sometimes and I go back and forth.
In this case, regarding FDX, loved the chart, great call by you
guys as usual and I played it for a nice gain, but despite
research, didn't feel comfortable holding into earnings. Completely
understand that's a personal choice and related my level of risk
etc. Anyone that did hold, what was your strategy or
what was it in this case?....do you play options, hedge?, did
you expect good numbers and let it rock?...just trying to learn and
maybe, if comfortable, make a different decision next time that
would allow me to realize this puppy's earnings gain....appreciate
any and all responses, Matt and Steve, you guys are awesome!
Yes it's a personal decision and one that I would only partake
with some knowledge backing. On FDX the Skew was very positive and
analysts upbeat prior. No guarantees but that's some supporting
facts.
Agreed, i make a special effort to know when the earnings are
for any trades I am in. Even with "advanced knonwledge" THEY
still seem like a crapshoot. I believe that traders
who are really gamblers, tend not to have long term success
FDX 20+ higher
Posted by steve on 25th of Jun 2024 at 04:07 pm
FDX 20+ higher
Just a general question for
Posted by traverse on 25th of Jun 2024 at 07:04 pm
Just a general question for anyone who has a thought because it comes up during earning season sometimes and I go back and forth. In this case, regarding FDX, loved the chart, great call by you guys as usual and I played it for a nice gain, but despite research, didn't feel comfortable holding into earnings. Completely understand that's a personal choice and related my level of risk etc. Anyone that did hold, what was your strategy or what was it in this case?....do you play options, hedge?, did you expect good numbers and let it rock?...just trying to learn and maybe, if comfortable, make a different decision next time that would allow me to realize this puppy's earnings gain....appreciate any and all responses, Matt and Steve, you guys are awesome!
Yes it's a personal decision
Posted by steve on 25th of Jun 2024 at 10:37 pm
Yes it's a personal decision and one that I would only partake with some knowledge backing. On FDX the Skew was very positive and analysts upbeat prior. No guarantees but that's some supporting facts.
Earnings are a crapshoot. Most
Posted by DigiNomad on 25th of Jun 2024 at 07:34 pm
Earnings are a crapshoot. Most people I know avoid them.
Agreed, i make a special
Posted by steveo on 26th of Jun 2024 at 08:02 am
Agreed, i make a special effort to know when the earnings are for any trades I am in. Even with "advanced knonwledge" THEY still seem like a crapshoot. I believe that traders who are really gamblers, tend not to have long term success
Now 40+ higher
Posted by steve on 25th of Jun 2024 at 04:16 pm
Now 40+ higher
congrats!
Posted by morton7 on 25th of Jun 2024 at 04:52 pm
congrats!
nice one from the watchlist
Posted by matt on 25th of Jun 2024 at 04:22 pm
nice one from the watchlist from the Transports sector that Steve added last week and I added on weeked newsletter