{"id":63110,"date":"2022-07-25T09:39:19","date_gmt":"2022-07-25T13:39:19","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=63110"},"modified":"2022-07-25T09:39:19","modified_gmt":"2022-07-25T13:39:19","slug":"scott-redler-dog-bytes-big-earnings-week","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2022\/07\/25\/scott-redler-dog-bytes-big-earnings-week\/","title":{"rendered":"5 Big Earnings Reports You need to Watch"},"content":{"rendered":"<p><b>SPX<\/b>\u00a0futures are +20 because there's some optimism around China's launch of a $44B real estate fund to help work through the Debt crunch. In Europe, the resumption of the Nord Stream gas flows is a small positive.<\/p>\n<p>After a 10%ish move off the lows, some are asking if SPX 4000 was the high of this bear market bounce? SPX holding the 50 day of 3900ish will keep some active bulls optimistic that we can see 4073 or the 200 day above.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-63111\" src=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/SPX-25_Jul_2022_07_10.png\" alt=\"\" width=\"1719\" height=\"822\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/SPX-25_Jul_2022_07_10.png 1719w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/SPX-25_Jul_2022_07_10-300x143.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/SPX-25_Jul_2022_07_10-1024x490.png 1024w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/SPX-25_Jul_2022_07_10-150x72.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/SPX-25_Jul_2022_07_10-768x367.png 768w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/SPX-25_Jul_2022_07_10-1536x734.png 1536w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/SPX-25_Jul_2022_07_10-80x38.png 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/SPX-25_Jul_2022_07_10-220x105.png 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/SPX-25_Jul_2022_07_10-209x100.png 209w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/SPX-25_Jul_2022_07_10-280x134.png 280w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/SPX-25_Jul_2022_07_10-498x238.png 498w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/SPX-25_Jul_2022_07_10-750x359.png 750w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/SPX-25_Jul_2022_07_10-975x466.png 975w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/SPX-25_Jul_2022_07_10-1190x569.png 1190w\" sizes=\"(max-width: 1719px) 100vw, 1719px\" \/><\/p>\n<p>Now let's dig into this week's big earnings names:<\/p>\n<p><b>GOOGL<\/b>\u00a0reports Tuesday and <strong>SNAP\u2019s<\/strong> Numbers have many concerned here. It's lagged this past month. It usually leads. $101-$106.50 is key support. Tuesday's earnings reaction will be important.<\/p>\n<p><b>MSFT<\/b>\u00a0lagged and underperformed this recent bounce with some erratic action. On Friday it hit $265ish and was sold. I wouldn't chase this up move but I'd watch it. Earnings are Tuesday.<\/p>\n<p><b>META<\/b>\u00a0also got hit on\u00a0SNAP's\u00a0results. This stock has been in a bear trend for most of the year. The question is whether it will bounce like\u00a0NFLX\u00a0or get hit like SNAP. $154-$159 is a key support area. Earnings are Wednesday. It's up 80 cents this morning. See if it holds or fades. $168.41 is Friday's low.<\/p>\n<p><b>AMZN<\/b>\u00a0had a nice weekly move to see a high of $125.50 Friday into some key resistance. Earnings aren't until Thursday. We'll see where it is then. Expectations have been brought down but it's 20% off the recent lows. See if early strength holds or fades. Friday's low is $121.35.<\/p>\n<p><b>AAPL<\/b>\u00a0led this tape and expectations are high heading into earnings Thursday. On Friday, It hit $156+ before pulling back a little. See if early strength holds or fades today.<\/p>\n<p><strong>Scott's Positions Disclosure:<\/strong><\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-63116\" src=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/Screen-Shot-2022-07-25-at-9.39.07-AM.png\" alt=\"\" width=\"350\" height=\"266\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/Screen-Shot-2022-07-25-at-9.39.07-AM.png 350w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/Screen-Shot-2022-07-25-at-9.39.07-AM-300x228.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/Screen-Shot-2022-07-25-at-9.39.07-AM-150x114.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/Screen-Shot-2022-07-25-at-9.39.07-AM-80x61.png 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/Screen-Shot-2022-07-25-at-9.39.07-AM-220x167.png 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/Screen-Shot-2022-07-25-at-9.39.07-AM-132x100.png 132w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/Screen-Shot-2022-07-25-at-9.39.07-AM-197x150.png 197w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2022\/07\/Screen-Shot-2022-07-25-at-9.39.07-AM-313x238.png 313w\" sizes=\"(max-width: 350px) 100vw, 350px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SPX\u00a0futures are +20 because there&#8217;s some optimism around China&#8217;s launch of a $44B real estate fund to help work through the Debt crunch. In Europe, the resumption of the Nord Stream gas flows is a small positive. After a 10%ish move off the lows, some are asking if SPX 4000 was the high of this bear market bounce? SPX holding the 50 day of 3900ish will keep some active bulls optimistic that we can see 4073 or the 200 day above. Now let&#8217;s dig into this week&#8217;s big earnings names: GOOGL\u00a0reports Tuesday and SNAP\u2019s Numbers have many concerned here. It&#8217;s lagged this past month. It usually leads. $101-$106.50 is key support. Tuesday&#8217;s earnings reaction will be important. MSFT\u00a0lagged and underperformed this recent bounce with some erratic action. On Friday it hit $265ish and was sold. I wouldn&#8217;t chase this up move but I&#8217;d watch it. Earnings are Tuesday. META\u00a0also got hit on\u00a0SNAP&#8217;s\u00a0results. This stock has been in a bear trend for most of the year. The question is whether it will bounce like\u00a0NFLX\u00a0or get hit like SNAP. $154-$159 is a key support area. Earnings are Wednesday. It&#8217;s up 80 cents this morning. See if it holds or fades. $168.41 is Friday&#8217;s low. AMZN\u00a0had a nice weekly move to see a high of $125.50 Friday into some key resistance. Earnings aren&#8217;t until Thursday. We&#8217;ll see where it is then. Expectations have been brought down but it&#8217;s 20% off the recent lows. See if early strength holds or fades. Friday&#8217;s low is $121.35. AAPL\u00a0led this tape and expectations are high heading into earnings Thursday. On Friday, It hit $156+ before pulling back a little. See if early strength holds or fades today. Scott&#8217;s Positions Disclosure:<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[736],"tags":[],"class_list":["post-63110","post","type-post","status-publish","format-standard","hentry","category-scott-redler-dog-bytes"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/63110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=63110"}],"version-history":[{"count":2,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/63110\/revisions"}],"predecessor-version":[{"id":63119,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/63110\/revisions\/63119"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=63110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=63110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=63110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}