Learn How Trade Actual Earning Reports On July 13-15, 2020 Citigroup, JPM, Pepsi and Wells Fargo
Mon - July 13, 2020
I am providing you with timing to trade 5 stocks publishing their earnings either today, July 13 or tomorrow July 14, 2020.
These stocks are mainly #largebanks, including Wells Fargo & Company #WFC, #Citigroup, and #JPMorgan Chase & Co.
The other stocks include PepsiCo, Inc. and Fastenal Company (#FAST). The markets are declining, making it quite difficult to find efficient trades. However, I am providing H1 (hourly) timing which is challenging for most traders as it relies on #intradaypatterns.
I put my ranking on all 5 stocks as I would trade it if I were I in your shoes. Follow the recommendations and you will be on the safe side. Use it as a primary means or additional trade time management if you like.
Below are hourly strategies for swing or intraday traders. The trades are for all 5 stocks based on time axis as follows.
PepsiCo, Inc. 1. Buy at 3 p.m July 13, and sell it 2 p.m. the next day. The stock opens higher on Tuesday, July 14, 2020. 2. Short opportunity as it opens much lower on Wednesday.
Wells Fargo 1. First buy is at 12 a.m. on Monday and additional possible buy spans the first 2.5 hours after the open on Tuesday and do sell the stock same day Tuesday at 2 p.m. The stock will gap down on Wednesday. Don't try your fortune.
Citigroup 1. Very good to trade, my ranking is #1 Buy 2 p.m. on Monday and sell it 1 p.m. on Tuesday. It gaps up on Tuesday. Opens same level on Wednesday.
FAST Less recommended and low potential. Buy 1 p.m. Monday and sell it 1 p.m. on Tuesday.
JPM Very bad and very quick trade. As all the stocks mentioned are declining on Monday buy JPM 3 p.m. on Monday and sell 10 a.m. Tuesday after it forms a roof pattern. Do not over trade or overestimate the stocks. Wednesday it opens much lower.