by Ian Harvey
September 22, 2018
A Quick Review of Last
The Dow ended the week at an all-time high, and so far
stocks look set to close out the month of September with a gain.
For the week, the Dow finished up 2.3% at 26,743.50.
The S&P 500 was also up 0.8 percent at 2,929.67.
But, the Nasdaq Composite went in the opposite direction; finishing the week down 3.2% to settle at 7,986.96.
The Fed is expected to
announce a quarter point rate hike Wednesday, but is unlikely to cause too much
tension for the market; as well expect a signal that another hike is coming
later in the year.
The main area of concern
will be the focus on trade, and as the next round of U.S. tariffs on $200
billion in Chinese goods and China's retaliatory tariffs both go into effect
Also, the renegotiation of
the North American Free Trade Agreement, with a deadline of October 1, will be
watched by investors for any developments.
Expect the stock market to continue its upward trajectory for the next few months…..read the article “The Stock Market Is Expected To Continue Higher!”
Options Trades to Consider Based on Expected Earnings Reports:
Tuesday, September 25
The electronic products solutions company, Jabil
Inc. (NYSE:JBL), providing engineering, manufacturing and intelligent
supply chain solutions to companies in a variety of industries - automotive,
packaging, healthcare, retail and more, will report earnings before the market
opens. The market expects Jabil to deliver a
year-over-year increase in earnings on higher revenues when it reports results
for the quarter ended August 2018.
This electronics manufacturer is expected to post
quarterly earnings of $0.68 per share in its upcoming report, which represents
a year-over-year change of +6.3%.
Revenues are expected to be $5.40 billion, up 7.6%
from the year-ago quarter.
This electronics manufacturer has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 4.34%.
……..Read the rest of the report to see what options trades we are considering......
DON'T MISS OUT - MORE TO COME!
Don’t miss out – check out further options trades recommended for the week ahead by becoming a member of Stock Options Made Easy “Earnings Predictions”.
An Important Note: That these suggestions for options trade considerations require investors/traders to use their own discretion as to when to enter or exit! As well, it is advisable to do further research and due diligence before executing your trade.
It is sometimes best to exit a trade, if there is already sufficient profit accrued, before an earnings report is presented.
OUT WHILST THE GOING IS GOOD!
GREED CAN BE THE UNDOING OF A GOOD PROFIT!
If you wish to receive more options trading recommendations similar to this, which will help boost your portfolio strategy, check out the other memberships available at Stock Options Made Easy.
When To Exit A Trade Based On Earnings?.....
It is also worth considering, when options trading earnings reports – “Do we exit on already existing profits or leave the companies to report their earnings and hope for bigger profit?”
traders realize, there is a 50/50 chance that the company stock price could go
either way after reporting earnings – even if the report is good, the stock
price could reverse – and if you hold a call option, means depletion of an
already good profit if it exists. A similar situation can be found if you hold
a put option, and a report is not that sound (and you expect a profit from
this) but the stock price can, at times move upwards due to traders bias or
other external conditions......READ MORE.....
The Decision Is Yours!
Before You Trade Consider This Strategy……
"Trading Capital Management" is a key component of your trading strategy. The strategy, on which we base our trades to achieve maximum profit, and to minimize loss, is contingent on using an equal amount of money for each trade.……continue reading this article……
”Success is simple. Do what's right, the right way, at the right time.”
Option Tip for your Success!
Options traders are not successful because they win.
Options traders win because they are successful.