Apple (AAPL) will report its first quarter earnings after the bell on Thursday, as investors seek more insight into the company’s iPhone sales performance, particularly in China. Barclays, Piper Sandler, and Redburn Atlantic downgraded Apple’s stock in early January on fears that the iPhone 15 is underperforming in China.
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All righty. So we have Apple Amazon and Meta reporting earnings today after the market closes and we're going to catch the Market's reaction. So let's go ahead and start sharing my screen so you guys can see exactly what it is that is going on. I'm going to do a quick little Instagram post inviting some of the people to tune on in.
If you guys want to say what's up to Instagram feel free to do it in the live chat. If you want to partake in the live chat, you do have to be subscribed to the YouTube channel. so just make sure that you click that subscribe button. you smash that like button.
Um, and let's go ahead and do it. So uh, we did already talk about markets expectation for uh, these quarterly earning reports. we have less than uh, around 1 minute and 10 seconds before Apple Amazon and Meta report earnings so quickly. Uh, let's talk about Market's expectations.
So Amazon has an expectation of 79 cents for their earnings per share. With Revenue at 165.540 we have revenue for Apple going to be at 20 uh, $2.1 per share and overall Revenue expectations at1 1806 I Want to remind you it's not even so important about the actual what they report for their earnings, but it's kind of like I would say more of the the line items of what makes up that overall revenue and what their guidance is. Then there's a guidance call and in my opinion that is often more valuable that will tell us if markets are going to go up or markets are going to go down. Apple is one of the most valuable companies that publicly traded.
Sitting at a $2.89 trillion market cap, it is nearly at all-time highs with previous highs of nearly at $200 a share we have. Oh, here it goes 159 Any any moment. Now let's see what we end up doing. Looks like it's having a bullish you know finish to the end? Will it be expectation? Will it come in a little bit lower? We shall see so again, give it a couple of minutes.
Sometimes it takes a few minutes before it actually kicks on. In all right, here we go. Let's see if we see a nice push in the green or a nice pullback. I Want to remind you Google and Microsoft both beat expectations yet Google Still sold off because of their ad Revenue being off.
The big concern for Apple right now is their overall phone sales for the iPhone 15 in China is demand picking up? Is it slowing down? This is why it was downgraded um early. January So nothing going on just yet. Here we go. All right, All right, just want a big swing.
Either way, that's exactly what I want I Don't care if the market jumps up I Don't care if the market pulls on back I Just want a big reaction and here it goes. It looks like we are jumping into the green. We got Apple slightly in the green. Watch for the fake out.
Let's see if it's a fake out or if it actually there it goes. it looks strong. Here it goes all in favor. We got app uh Amazon 2 point uh 2% in the green let's see if it holds.
Yep Amazon looking really really strong Meta: not so much. What do we got going on here? Look at this, look at the volatility. but I want to remind you the difference in market cap 2.89 trillion versus Amazon Amazon with a huge gap up 1.65 trillion, Very very different. 4.5% in the green for Amazon Wow Wow Wow Let's go ahead and check this out. What did it report? Is it in yet? Uh, nothing there for Amazon nothing yet for at least not on my side. 5% in the GD for Amazon Wow, here it goes all in favor. all in the green. 4.2% We have earnings per share for Amazon coming in at $1 versus the expectation of 80 and overall Revenue coming in at 170 billion much higher than the 165.540 selling off.
Understand Amazon might be beating expectation, but if Apple begins to sell off, it will drag the rest of the market down with it. And Apple has been the big concern because of the potential slowdown because of the iPhone 14 iPhone 15 sales. So I'm just going to have fun with it. Short it on the way down there it goes got filled at 16521 again just because I decide to Short does not mean that you need to shorting comes at a greater form of Risk Please do Not copy Apple Oh ooh, this one's going to be funny Bezos is doing cartwheels.
This one's going to be fun. Look at that. Um, are we going red or are we going green? Let's see. let's see what's the market deciding? It's 20:5 which means 5 minutes after the market closed Apple Earnings should be out.
Are we out? Are we out? No. Nothing on my side. Meta is running. Yeah, Meta is up 4.85% That's great.
But Meta has. Oh there it goes. A$1 trillion market cap? Nice. Hit the one t Today The big concern is Apple is Apple going to ruin it for everybody? is Apple Just here it goes.
Let's see or is Apple going to follow through at the alleyoop. Remember: $3 trillion market cap 2.89 9 trillion I Want to remind you that I don't not normally like to uh, take a heavy position uh during earning reports? Uh, just because of there being a lot of volatility. So you saw the short position that I took on Amazon I'm having fun with it. It's 100 shares.
It's nothing very significant. It's about $112,000 I trade with over half a million. I'm putting that into perspective just so you understand that you know I don't mind taking the trade because of how overbought it is. and if Apple sells off, then Amazon will pull back.
But I'm not over complicating my trading right? I I Respect what Amazon just did I respect that it it gapped up. But my concern is is that if Apple misses earnings and it drags down the market with it, you know Amazon's most likely going to pull back as well. Um, if Apple begins to shoot up and it carries Amazon with it, then I'll just cut losses on the 100 shares that I took. and I respect that, right? I can tolerate that.
So just making sure that you're aware. 7.3% Oh, a lot of people are liking the lizard today. Mr Mark Zuckerberg just made a few billions. Here we go, looks like Apple is reacting in a positive way. Are we going to get it? Look at that: 4.4% aftermarket hours 7.65% after market hours Meta declar dividends Nice. It's great for their long-term investors for let's see it. going to see the open short. Let's see what we get.
Okay D brown with the Sass you're wearing your little short shorts today. Dbrown Meta fly into 430 Insane push for Meta. Wow. 8.8% Talk about being overextended, but obviously so much momentum with this is Apple going to ruin it for them, we'll see.
Ooh so selling pressure? look at that. There it goes. got filled 200 Shar Short: Meta has a lot of momentum so shorting I mean like the reason I I was okay with shorting Amazon Nothing too significant was announced. Uh, and it was already showing signs of a resistance, right? It was lacking progress.
Beyond A specific point? Now, can it still break above? Of course, But Meta is a different monster right now. Meta is nonstop 9% 10% so you just want to be careful with that, right? If it's an active uptrend, shorting or or choosing to trade against it, normally, in my experience, isn't very favorable. I Do see what you're talking about that obviously it's very attractive to potentially want to short. dude.
People are making a killing off of this. Holy Smokes metal was already overbought. This is just the cherry on top. Wow, wow Wow.
Wow. Do stocks always pull back after reporting earnings? Not always do. Do stocks always end up correcting, correcting themselves eventually? Sure. But this doesn't mean that this has to stop Meta, right? Meta can continue to.
Rally What are we going to do? How many more minutes do we have until Apple reports earnings? Is it eight more minutes? Or is it three? 18? Is it at? It's at 2:30 p.m. mountain standard time or 4:30 p.m. and Apple makes us wait? Apple's like uh-uh yeah, 4:30 Are you guys okay with waiting? Or do you guys want me to just close it out? I'll leave it up to you guys. Whatever you guys tell me in the live chat.
you guys tell me right now if you guys want me to close it out. I'll close it out. if you want me to stay I'll stay I'll leave it up to you. so drop a thumbs up.
Subscribe to the channel. Let's see. let's see what you guys want me to do. Wait, All right, let's do it There we go.
at least you guys. look. you guys can use the live chat look at that has making it look like the Matrix all the people commenting. Again, if you guys want to partake in that live chat, you do have to be subscribed to the YouTube channel.
And do me a favor, make sure you drop a thumbs up. We obviously really appreciate it. Um, but yeah, let's do it. I Love the energy.
drop it like is hot. Oh someone told me to leave I'll leave I'll close out the stream. Where are we at? Okay, who's going to be tuning on in to tomorrow's live trading session? Let me see a show of hand of who's part of Lpp in the live chat. That's why we can't have nice things like it. Lpp team I Like it. What's up? What's up? Waiting very carefully Ricky is like dang it. I'm hungry I Can definitely go for a snack. um get some food and then we're going to be shooting.
We're going to go to Phoenix to take some photos of the new car we're going to be giving away in the month of February So excited about that! We have some exciting things coming up. Um, but yeah. um I'll keep you guys up to date especially if you guys follow me on. Instagram Okay, thank you for doing these.
They are super helpful I appreciate that. Well thank you for tuning on in. Really glad that you're at least enjoying it. So again, we do host live sessions every morning right at Market open.
Uh, they are normally private with uh for our Lpp team especially if you're a beginner. You could see a lot of people talking about being a part of Lpp. Um, it's my Learn Plan Profit group and they are the team that get to watch me trade live every day. So they get to see my good trades, They get to see my bad trades to get to see it all.
Uh, and what better way to learn when you're just getting started is to watch someone else do right. So again, if you guys want to check it out, we are running our biggest sale. It's 50% off 50 and it's the second link in the description down below. so feel free to check it out.
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Which means it's a onetime payment of 250 and you get to watch me trade live every day. You get access to the HZ video Lesson library and it's all inclusive. You get access to our private group chat. all that good stuff.
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So as I continue to update it, you will also get access to all of that. So that's been my commitment from the beginning. Give us more discount if if 50% off isn't enough for you. Then again, I respect that.
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If you have any questions, shoot me a DM via Discord or via Instagram And if not, then again, we can just continue to have you here on YouTube No hard feelings again. Just think about how many trades, how many bad trades you've taken, and how challenging it might be to know what you're doing wrong when you don't know what you're doing. And that's the whole thing about. learning from someone else is right to provide a better understanding of the dos and the don'ts. So obviously you're still going to make mistakes. It's still going to be challenging. It's not going to be easy. So if you're looking for an easy way out, if you're looking to be be handed or being told what to do and what to trade, that's not us.
But if you like to share ideas, if you like to see other people do, then I think that you'll work well with our group. Look at that. What do we think about Meta? All right now I'm interested. Now it's slowing down.
Keep it light. doesn't have to be anything crazy. there it goes. So a $22,000 uh position just so you can see it so it shows negative 22,000 market value.
So what that means is I own 50 shares. That's what it looks like when you short something and then I buy a cover on the way down so it still has its earnings call. So even if 12, that's probably something I should have taken into consideration. Uh, before.
but again, good thing it's only 50 shares. Um, but it could Gap up even more. There's an earnings call if Mark Zuckerberg says something where it just sends it to New highs even further 15. you know, 20% in the green which it would be wild, but anything's possible nowadays, right? All right, we have 11 minutes left until Apple reports earnings.
I Do apologize if I could control what a trillion dollar company does. and of course I would have them report earnings sooner. but it is what it is Ricky Did you see that they're giving dividends now? Yep, that's probably the biggest takeaway from Apple right? Heck yeah! We just had NC in our Lpp team. Uh, lock and profits on Meta $770 on the day.
Love that it's really helping out Overall: Market NASDAQ way in the green. Love to see it. We know that you got Tim Cook's phone number on speed dial. If only let's look it up.
Source 133% beating earning expectations. Yeah, the stock just added $130 billion in market cap in just 15 minutes. Nice! For the first time in history, Meta, let's see if it pulls it up: 1.1 trillion. Officially the seventh largest company in the world, Nothing can stop the Magnificent 7 announcement of quarterly dividends plus 5050 billion stock buyback.
Wow. I mean its push is justifiable to some degree, right to some degree. Nice little pullback. Looks like some people are going to be taking profits pretty soon.
See if I can add 50 to it when it makes sense and just get it ready All right s minutes. Seven minutes until we'll hold off on that. Um, Apple reports earnings. Nice little reversal setup for there it goes. 88 We got six minutes left. You'll smoke yourself. Shorting this monster go long now or or it'll eat you. a what are you talking about? Are you talking about Apple or you talking about Meta? Apple's gearing up.
That's what it looks like all there. It goes up nearly 1% testing the 1% Mark All right guys, we have five minutes left, five minutes and then Apple should be reporting earnings. But have no fear, it's already up 1% during the extended hours and it hasn't even r reported. Is this a fake out? Is this something that's being factored in in advance? People getting an early hand into this Again, The big concern has been the iPhone 15 sales.
We'll see four minutes left, four minutes first sign of Resistance 3 and 1 12 minutes. Here it goes. Meta still moving up and in the green. Why did Shopify pull back so much? We'll have to look into it in just a little bit.
Did Shopify report earnings today I Don't have it on my list Four: 4.1% isn't crazy crazy? Yeah, we're traced back to the moving average testing support here. We'll see where it goes. Looks like Apple's pulling back slightly right before earnings Al Righty guys. two and a half minutes.
So AMD will follow Apple more than Meta, right? it should. Apple has a larger market cap 2.89 trillion versus 1.1 and it makes it more of NASDAQ and the S&P 500. but again, we'll have to wait and see. If you're trying to be it super safe, then maybe hold back, Stay cash and wait for the market to react.
Let's see it. Less than two minutes left. Why can't I get the $250 discount? You should be able to. It's the second link in the description down below so you can click the description of this video second link.
Click on it and it should say 50% off. All right one minute. let's do the countdown. I tried and it says say 250 I'll share it with you should be 50% off.
Yeah, all right, we have 44 seconds left. You have to be quick. Um, just in case other people use the link. but there it is.
Correct the the after discount. Yes, 20 seconds left. All right guys. let's do the countdown together.
If you're partaking in that live chat, smash that like button. make sure that you're subscribed in less than 10 seconds. Where's it at? Yep, we got 10 seconds ready. 10 9, 8, 7, 6, 5, 4, 3, 2 One Boom.
Holy smokes, what's going on here? Look at that volatility. Where's this Put Meta: Where's this put Amazon Look at that 2.4% in the green. Really? Wait, What the what's going on here? It's like when you tell your girlfriend what do you want to eat she's like I don't know I don't want this I Want Oh just kidding, don't send this to my girl. Holy smokes down 1% Aftermarket hours? Where are we at? Where are we at? Come on buddy, we're waiting for that reaction testing support.
Looks like we're seeing some selling pressure. This is concerning for Apple What do this put us for? Meta: Watch it break 185. watch for the break below. it's holding above 185 for Apple And there it goes. 28 for their EPs And overall Revenue Coming in at 1.5 billion higher than what was expected. With 119.5 versus the expectation of 1806, we are seeing some selling pressure. Looks like Meta is still trying to push. Look at that.
I Like that, let's have some fun. Boom Wow. Still pushing for Meta Meta At 14% this is an insane move. One of the biggest Gap ups that I've seen in a while.
see 400 Chair short: Where's my? Yep. 67 Beautiful. All right. we'll leave it at that.
Apple's down 1.3% Aftermarket hours It's not very significant and again, they still have their earnings call, but we are seeing a slight pullback. Normally when this thing sells off, we'll see. We'll see if it drags down the rest of the market with it. Meta: Although its market cap is much less, it is helping out the NASDAQ Market because I mean Apple makes up 2% now in the red.
look at that. Wow Meta short: I'm yeah I like it so much. correction. Potential is what I see here, but obviously a lot of hype.
See if we begin to show lack of progress, see if we get it 1.6% nice and then I still have my coin position that I took earlier today on this short I'm sorry on this long. um I Called it out for my Lpp team I made a little bit over $30,000 Um, it was a beautiful call out. Check this out! So I shared this with them again my Lpp team. They get to watch me trade live every day and they're the only team that I update.
But the really cool thing about this is that um, you know big rejection on coin. let it sell off build. you know some nice margin. This was at Uh 9:00 a.m.
Mountain Standard Time a lot of selling pressure. and then at 9:02 is when I announced my entry for coin. Uh, so going long, not short coin testing EMA reversal. Um, and this is where we had a lot of fun because you have to think about it right.
Coin sold off just like the rest of the market did. Uh became very overextended I Love reversals like this. like when you're cash and when you see that something is extremely overbought or oversold kind of like Meta is right now. It excites me.
It's not that it has to go according to plan, but it's that it can and the risk to reward ratios are so favorable. So again, we uh I bought into the dip. It began to indicate signs of an uptrend, added more to it when it broke above EMA and then began reducing position when it tested the moving average. So I sold relatively pretty early and it moved up even higher right.
My job's not to be perfect I'm not a perfect Trader but guess what? not being a perfect Trader I Do trade with a decent amount of money I Still made $30,000 trading. Beautiful, right? There is no time to pretend to think that your your entries and your exits are going to be perfect. It's it's it's all about risk to reward ratios right? and making sure that you follow your playbook. And that's one of the beautiful thing. Um, that I love about trading is that you know kind of just like Monday Monday I Had pretty rough start to the week and if I defined myself based off of one day, I wouldn't be so excited today, right? Monday I lost 15,000 on Tuesday I think I made 21k Wednesday yesterday. um what's it called? How much was it that I made not too sure. You guys can go check out yesterday's video. uh but then today, uh with a whopping 30k it's like I made my weekly goal my goal.
something work towards in a day. Uh, absolutely insane. So when things like this pop up and again, I'm not saying that Meta has to pull on back. Meta can go up to 20% Meta's only up at 14% I Don't want to say only but I Love trades like this I Love when they're super oversold or super overbought and it just presents huge opportunity for those that stay cash.
This is why I Talk about it. Pays to be patient in this market. It's not that it's going to pay every time, but when it does, boy do I love it. And here it goes.
Beginning to show, show, uh, show science man I'm like fled my words or something I don't know what's going on there. too much excitement. All right, let's see where I'm at. I have 500 shares short, about $225,000 shorting Meta I allowed it to go up I You know I knew that I can't predict the future and I'm well aware of that.
You let it pick its side, you let it overreact. and then when these little Corrections happen out of this 14% even if I capture 2 to 3% of it, right? that's exciting so we'll have to follow up with it. We have Amazon still trying to Gap up. It looks like Apple is not having much influence on the rest of NASDAQ It's slowing it down because I'm sure it would have helped, but it's not dragging it down for sure.
Definitely not. It's down 2.2% So interesting day and again. Apple still has its guidance call so Apple can recover if whatever they say in their guidance call is better than what is expected Apple could begin to recover. Uh, but I can reassure you that probably why it's selling off I'll look it up real quick is because of their iPhone 15 no and they iPhone Revenue came in good iPhone Revenue came in at 69.7 billion versus expectation of 68 according to this and they're going to have their earnings call.
All righty. when is the Apple conference call? Apple's always you know on their own schedule so they're okay with being a little bit late. Um I'll have to look it up I'm not too sure at what exact time. let me see if I can pull it up for you you guys here.
So Apple Financial results q1 Oh looks like they are they streaming right now China sales decline. Okay, so it was that same concern. Well I'm sorry 5:00 p.m. eastern time.
so in about 20 minutes and I'll share the link with you guys because I don't have time to continue um, this live stream. but I want to share it with you guys and if for those that want to I hope that you know you're able to at least get your answers, your questions answered. So um, yep, that's pretty much it. I Really enjoyed this I hope that you guys did too. Um and I would love to follow up to see where we are at after every you know Apple Amazon and Meta begin to settle out and factor in those earnings call and To see how Market opens tomorrow I Think I think we're set up for for a very exciting Friday to say the least. Nonetheless, again Apple Being up uh, this this amount I'm sorry Meta, Quite a surprise right? I Had all of my focus on Meta on Amazon and Apple and look at this. Meta is the one that came out with the curveball. At a 14.5% move, you can say what you want I'm obviously just choosing to short it because of the risk to reward ratios I Have nothing against Meta.
It's just A A A Trade is what a day trade is what I'm choosing to take. Um, but I respect it I'm I'm I Want to congratulate everyone that went long on their Meta position. Uh, congratulations to you if you end up locking in profits. Great Um, this is this is exciting for even ongoing investors because they just announced that, uh, they're going to be paying out dividends every every quarter so that's huge for Apple Congrats to Mark I'm sure he needed this uh $110 billion just like and I but uh nonetheless, hope that I earned your thumbs up.
Don't forget to subscribe and I hope to see you for tomorrow's live trading session. So if you want to tune on in second link in the description down below will get you 50% off. And if you have any questions before signing up, don't hesitate. Shoot me a direct message right now via Discord or via Instagram and that's the first or third link in the description down below.
Like always, let's make sure that we end the year on a green note. Take Care Team!.
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Ricky what is your trading platform?
Where does he get that list pdf from earnings report?
Cool video, please keep them coming! ❤️
Apple is dropping at bell. So is almost EVERYTHING Chinese… When Xi can manipulate the market, it is time to relocate investments.
Watching the market's ups and downs shows how quickly things can change. In trading, strategic, informed trading isn't a choice; it's a must. Remember, caution is as crucial as ambition here. This dedication to continuous learning is inspiring…managed to grow a nest egg of around 127k to a decent 532k… I'm especially grateful to Francine Duguay, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
big concern is meta
googl was such a disappointment
I feel like Ive been in a loop nightmare always thinkin the markets gna crash but NOPE!
I’m so glad Apple didn’t affect my meta and amzn longs. Letting em ride until tomorrow 🙂
everyone is using the old "better than expected" bull to explain away bad earnings. it is getting ridiculous. every company low balls expectations so they can say this. and the herd eats it up.
Im not buying back in untill all these reports are over lol
What do you think Amazon will be when market opens ? I'm new to this I have one Amazon share
Thanks Sir
Is 250 per class?
Interesting perspective on this topic.
The game of shorting this overbought market is not working out for months
This is crazy, I will prohibit the SQQQ button in my computer lol, damn META and AMAZON surprised everyone, SQ got squeezed to the low
Nice haircut. I know because I'm a barber, too