29Jul3:23 pmEST

You Better Lawyer Up Into These Earnings

As per the discussed I had on BTFD.tv last Friday, the setup for FB into earnings tonight is intriguing.

Much like AMZN CMG GOOGL NFLX UA, etc., this earnings season, FB is a liquid marquee issue which has sprinted higher in recent weeks into earnings. 

If history is our guide this earnings season, the Facebook should rocket ship tonight, rewarded those who buy call options and are leaning heavily long or for a big move to occur. 

But the issue then becomes if that is too obvious. This market has been notorious for rewarded bulls time and time again, beyond the scope of most bull markets. So, it will interesting to see if the DATA TWTR YELP VDSI recent shortfalls are ignored tonight in favor of the other names listed above and their respective launches off the trampoline higher.

I will cover the reaction more after the bell in my recap here and for Members.  

Barrels Back in Action Stock Market Recap 07/29/15 ...

 
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