We’re seeing a bit of a rebound in the markets this morning after they once again got crushed yesterday. Partially due to a better-than-expected economic report on Durable Orders, we’ll look for the highest profile companies with fresh earnings out that appear set to move this morning.
TSLA and MSFT both dropped their reports in after-market hours yesterday, and look to be our most promising potential targets today.
The tech sector as a whole was among the hardest hit in the recent spate of losses for domestic stocks, with many, if not most of its players being beaten back to unsustainably low levels, so the timing is actually quite good for some solid movement off of these earnings reports.
We expect a market recovery to provide us with plenty of chances to take advantage of all of these underpriced stocks as they rebound in the days and weeks ahead.
TSLA Weekly $310-317.50 Calls
MSFT Weekly $104-107 Calls
HSGX, VLRX, NOG, ALT, ENBL, HLT, BILI, NXTD, XLNX