So what are the top five stocks that are set to report earnings this week? What's going on guys, It's Ricky with Tate Solutions here with a super quick market update and our Sunday stock talk. The reason that today or at least this week is really important is because we have Big Tech reporting earnings this week meaning that we should see the market shift to some degree. Um, what big tech stocks am I talking about? Well let's go ahead and start sharing my screen so you guys can see exactly L what it is that I'm looking at. First off, I Really hope that you learned something new in this video.

I host these live streams every single Sunday and I would love to have you tune on in. so if you see value in them, please make sure you drop a thumbs up and subscribe as of course again. uh, it lets me know that you see value in this. Let me go ahead and start sharing my screen and let me share with you the list.

So um, I mean there's there's obviously a handful of companies that are set a report earnings this week, but big Tech We have AMD Microsoft and Alphabet which is the mother company of Google this is Tuesday after the market closes I'm thinking of live streaming it. You guys let me know I don't want to host the live stream if you guys don't see value in it. so just drop a thumbs up. And if this video gets over a th000 likes I'll host that live stream on Tuesday But AMD Microsoft and Alphabet all reporting earnings after the market closes.

That's huge because Alphabet and Microsoft are both trillion doll companies. Uh, then on Wednesday we have Boeing A lot of you guys know that Boeing uh, recently pulled on back pretty aggressive because of the incident that happened with their 737. If I'm not mistaken, Boeing is very oversold and is this going to cause Boeing to finally recover or is it going to send it to New lows right? Are we going to get closer to that 176 price point? So this is really important because again, it's at least for me. I've been watching Boeing because I like to buy when there's a lot of fear in either the market or for that given stock.

so it's a stock that I'm personally watching. You don't have to, but again, just something that I wanted to make sure that you were aware of that is getting reported on. Wednesday before the Market opens. Wednesday After the market closes, we have Qualcomm I Also want to remind you on Wednesday if I'm not mistaken which is the 31st of January at 2 p.m.

eastern time I will be hosting this live stream and that's going to be for the Fomc meeting. For those that are a little bit newer to the market, Fomc meeting is the Uh meeting where the Federal Reserve announces if they're going to be raising interest rates, pausing interest rates, or cutting interest rates. You might be saying Ricky Why the heck do I care about what the Fomc meeting or the Federal Reserve does? Let me make it very simple: if the Federal Reserve raises interest rates, it makes it more expensive for people like you and I and for businesses to borrow money. So if it's more expensive to borrow money, do you think people are going to borrow and spend more money, or do you think they're going to spend less money? So again, when talking about growth for the economy or Contracting the economy, If they raise interest rates, making it more expensive.

It contracts the economy right because therefore people are less willing or less likely to spend money. So based off of what is announced on Wednesday will determine if the market maret goes up or if the market stays the same if they pause or if the market goes down right? Um, just wanted to make sure that you were aware of that. Tuesday It's a really big week, right? And then now talking about the big, at least big two Amazon And Apple Apple is one of the most valuable companies that's publicly traded. Uh, it goes back and forth with Microsoft Uh, a $3 trillion market cap is I Believe what it has as of right now, let me double check: 2.9 8 trillion.

So a little shy of three trillion, it continues to teeter totter. Uh, we're going to break these down very quickly. I'm not going to go into the specifics of what the market expectation is I'm going to do that one day before they each report earnings. So um, just look out for those videos and again, just another reason to subscribe.

Um, just because again, that would be a much longer video. But then we have Amazon reporting earnings after the market closes on Thursday Apple after the market closes on Thursday and Meta previously known as Facebook after the market closes on Thursday So as you can see AMD Microsoft alphabet and then we have Boeing And then we have Amazon Apple, and Meta and then on Wednesday. We also have the Fomc meeting. A very, very very big week.

Um, if you guys haven't signed up for our newsletter, you don't have to. especially if you're you know, not sure if you want to jump into this. Market Uh, but at Techbits Solutions.com we have a free newsletter and we just send out markets expectation for either earning reports and or Fomc meetings. Uh, we send out an email maybe once a week or once every other week.

You don't have to sign up for it again. I'm just making you aware that if you would like those kind of emails or reminders, uh, you just go to Techbits Solutions.com And then we have a little newsletter that you can subscribe to. And of course, it's free. So um, other than that, let's go ahead and just talk about the main five.

The main five. that I really wanted to talk about was AMD Microsoft alphabet and then Amazon and Apple. Uh, based off of where they stand right now, it's going to be very simple. So AMD and if you have any stocks that you would like me to break down, all I ask you to do is share it in the live chat.

Uh, you can see that on the right hand side if you're on desktop. Uh, you can see the live chat. You could only partake in the live chat if you are subscribed to the YouTube channel, just making sure that you are aware of that. So AMD One of the things that we do have to recognize is AMD has been indicating strong signs of an uptrend.

It's extremely bullish. It's not a stock that I would personally short myself. It's very overbought, but it's so incredibly bullish because of what's happening with AI and AMD just like Nvidia is producing these chips. For all of this development that's happening with AI Uh, based off of demand levels what we've seen with Nvidia, it wouldn't surprise me if it continues and continues to go up.

Uh, AMD itself has about a$ 286 billion market cap, so it's much smaller in comparison to its, uh, bigger company NVIDIA or its competitor. but it does very well. It's it's been performing exceptionally well. A really strong uptrend as you can see: I I mean I Personally think it's too overbought for my taste.

I Wouldn't see this to be either as a trade or even as an investment. These levels are just too overb, too overextended that I would prefer to buy when it begins to pull on back again. Just because I prefer to invest or trade during those times does not mean that you need to. I'm just sharing my thought process with you right before a company reports earnings because yes, it can go even higher.

Let's say it hits highs of 190 or 200. That's great, but just like a slingshot and just like anything, the more that something becomes overbought just like in its history, it corrects itself and Market markets always end up correcting themselves. So I don't like to over complicate my trading or my investing and it's much easier said than done. But when I see something like this I try to remind myself that Fomo, which is the fear of missing out and jumping in at these overbought levels more often than not, will get me in more trouble than yield me a good return.

but again, that's just based off of my opinion. So uh, let's go ahead and move on to Google right? So Google also known as as Alphabet is one of the companies that's going to be reporting earnings. The the reason that I'm really excited about this is that Tesla reported earnings last week. but this is going to be the first time that big Tech is actually reporting earnings and it's going to be Google and Microsoft that report earnings on the same day and as you can see, both of them are at all-time highs.

We have Microsoft trading at 407 and we have Google trading at 153. Can they go higher 100% But just like AMD just because they're bullish and just because they're you know they continue to make new highs. You have to kind of ask yourself what is your intention. It's overbought enough that if earnings does not go exactly according to plan, we could see a nice pullback.

Now, if it does exceed expectation, can it run up? Yes, the only thing that would make sense to me is that if it does run up, I wouldn't be against the idea of trading it, meaning buying and selling it within a short period of time. but buying and holding at these very overbought levels when we know we've been rejected here before. To me, it just doesn't make sense. But again, if you see otherwise, then I wish you nothing but the best.

I'm just reminding you and showing you that based off of previous patterns, we are at a previous resistance range where it tends to pull back, patterns tend to repeat themselves. They don't always have to, so just make sure that you're aware of that when it comes down to risk to reward ratios. which is something something that I really like to pay attention to I Do not see my upset potential outweigh my downside risk I Don't care if it's in for an investment or a trade, this just doesn't make sense to me. And yes, it could run up.

but all I have to do is wait for it to pull on back because we all know that when something rallies eventually, it corrects itself. And that's when I like to buy when there's fear in the market and when things become oversold, it's harder to tolerate. But again to me this time time is where money is made when it actually recovers, not buying when everyone else is buying at extremely overbought levels when it's do for a pullback. so just something to take into into consideration.

Uh, so let me know what you think. Uh, let me go ahead and move on to the next one. Boing Uh Boen is kind of like the curveball throwing in this video and I don't expect a lot of you guys to agree with me. I I I 100% respect your guys's opinion.

uh I Know that a lot of us might see value in different ways I Personally just love investing during unfortunate times for a company because this is a a an event that was that caused a lot of selling pressure due to a negative Catalyst we saw Boing retrace it's testing lows of 200 and it could go even lower if we begin to see that after it reports earnings on Wednesday before the Market opens and it begins to indicate signs of an uptrend I Want to remind you from where we're at right now if Boeing were to recover which it doesn't have to based off of previous highs that it was at just the month ago it offers. Look at my little trend line tool. here. it offers about a 30% return.

To me, that's huge I don't need to capture that in full 30% even if I capture just 10% of that I leave some margin of error. It's realistic if we get that confirmation and I don't have to obsess about getting in at the lowest price point I can get in when it begins to indicate signs of an uptrend. knowing that again, based off previous highs, I have some margin to work with I just want to wait for proper confirmation and if earnings gets reported and this thing sells off, then great I'm not invested in this I don't have an open trade I can allow it to pull back knowing that the cheap can always get cheaper. So again, it's a saying that I always like to share with my Lpp team.

instead of predicting or hoping for a rally, you prepare ha and you wait for the opportunity to present itself. so you can either be early to a sell off or late to a rally. You get to choose right? You can see that my alerts are set for higher highs or for lower lows. Definitely interested in following up with it and that's going to be on Wednesday Which then again, we have that Fomc meeting on Wednesday 2 p.m.

eastern time. Now the last three that I quickly want to talk about Meta: Extremely overbought. It's going to be very similar. Extremely overbought, Extremely bullish.

From $88 all the way to highs of $396 I Would have to say it's probably one of the best performing stocks based off of percentage return that I've seen at least in the past year. not including Nvidia Uh, 300% return is what it's offered. We got Amazon also reporting earnings after the market closes with an amazing Roi from $81 now to highs of 160. And then we have Big Apple reporting earnings which again is going back to reach test its previous resistance range that it has not been able to break above.

and that's the $200 price point. You can see that it's tested this. What was that middle of 2023? It got rejected. It tested this late 2023 and got rejected.

and recently we got rejected as the Market's beginning to pull on back. The last thing that I quickly want to show you is where the NASDAQ Market currently stands. NASDAQ Market is extremely overbought. You can see that it's already showing signs of resistance.

We're extremely bullish, holding above em and holding above the moving average. A pullback doesn't mean that it's the end of the world, it just means that again, markets are correcting themselves. So I Want to see what the market sentiment is after Microsoft and Google report earnings. We've seen it many times that they can report better than expected earnings, but if their guidance is off, if they talk anything about slow down, if they talk anything about layoffs, this is something that can instill fear in the market for up and in coming quarters and that will be then factored in not just to those individual stocks, but because Microsoft and Google are so influential based off of their market cap.

Will also carry or move the S&P 500 and the NASDAQ market. so we'll see if we go back to New highs or if we begin to retrace down to the EMA and again we have that F1c meeting which should be pretty pretty. Um, interesting. So so Zuck What stomp space? Caren What? Um, I Believe that the rally is not over um yet because of big Tech results.

I Completely agree with you that I'm I'm not here to try to predict the future, right? It would be naive for me to pretend like I can. All and and please don't even just take my word for it. Listen to the other people based off of their experience in the live chat you can try to. You can try to be aggressive and trade a stock right before earnings.

In my opinion, it's not worth it with what we saw with Tesla in selling off 12 to 133% That singlehandedly is a reason on why I Don't want to jump into a stock right before it reports earnings, hoping for something to happen and then it aggressively sells off. Remember these companies report before the Market opens or after the market closes. So you have to be buying or selling with limit order meaning that you can't have a a quick Market order to get filled right away. Everything's going to have to be with a limit order and it's much more challenging to get filled during those extended hours.

So for me, I'd like to keep my trading simple. If I see that these big tech companies begin to show indication of an uptrend, then I'll respect that that markets are going higher for longer. No reason for me to over complicate it. But if markets begin to to sell off like if Google begins to sell off and Microsoft begin to sell off, then great.

There's no reason for me to freak out. You allow the market to sell off and if you like to short then great. You can take advantage of that that sell off. But if you don't like to short, maybe because you're a beginner or you're just getting into this which I wouldn't recommend for you to short then great, right? Market Selling off means that you can get them at better price points once they're done selling off and that should be very exciting.

You should humanize this right. when you see the market sell off, understand what is going on? figure out the why don't just buy because you can but buy when it makes sense to you and if it can't or doesn't make sense to you, then maybe take a step back until it does right or trying to do things differently in 2024. And that doesn't mean that you have to try to be perfect because you'll never be that. but at least you're putting in more effort in implementing and showing signs of progress as you continue your journey as a Trader.

So other than that, I don't want to over complicate This live stream this week is all focused on for me on big Tech reporting earnings on Tuesday Wednesday and Thursday and the Fomc meeting that's going to happen on Wednesday at 2 pm eastern time I am going to be uploading a lot of videos based off of expectations for these big tech companies and the only reason why is because I know a lot of eyes are going to be on this. A lot of people want to know what Market expectation is. So I hope that I don't overwhelm you with those videos. I'll just make sure that I keep them short and sweet and straight to the point.

So for those that are looking for those answers, they can find them within my videos. And if you have any questions or anything that you would like me to answer in the next series of days, either comment down below or shoot me a direct message via Discord or via Instagram which is linked in the description of this video. I Hope to see you for tomorrow's live trading session Like many of you guys know I Do trade live every single morning right at Market Open with one team and one team only and that's my Lpp team. They get to watch me trade live, they get to see my entries, my exits, but most importantly they get to hear my thought process behind every trade.

I Take imagine that waking up every morning and being able to watch every entry and exit that I take within the 30 minutes to an hour live long stream. That is exactly what I do for my Lpp team every morning Monday through Friday and if you want to tune on in as soon as tomorrow, we're running a sale 50% off. it's not free, but it's a onetime payment lifetime access and it's the second link in the description down below. For the first five people that want 50% off I Appreciate your time I Hope that it earned your thumbs up I Wish you guys nothing but the best this week.

Stay patient, stay calculated, and stay effective like always. Let's make sure that we end the year on a green note.