Summary of Big Tech Earnings & 3 Bearish-to-Bullish Reversal Stocks

00:00:00 - 00:45:00

The video discusses the disappointing earnings reports from Microsoft and Google, as well as Texas Instruments. The overall market is also down, but primarily because of concerns over the dollar and interest rates. The author discusses how technical indicators can help investors determine whether or not a trend has been broken, and how yields might indicate future growth or weakness for stocks.

• 00:00:00 In this episode of Market Call, Dan Nathan and Carter Braxton discuss the disappointing earnings reports from Microsoft and Google, as well as Texas Instruments. They speculate that the market is beginning to react to the possibility that the Federal Reserve may start to slow the pace of rate hikes.
• 00:05:00 Microsoft and Google stocks were both downgraded by analysts this week, but still remain relatively bullish overall. The overall market is also down, but primarily because of concerns over the dollar and interest rates.
• 00:10:00 The author discusses recent reports showing that yields on the Yen, dollar, and other currencies have all reached levels where they are likely to pivot reverse, and suggests that investors should be cautious before year-end rallies.
• 00:15:00 The video discusses how technical indicators can help investors determine whether or not a trend has been broken, and how yields might indicate future growth or weakness for stocks. It also discusses how a weak global economy might lead to higher rates, which could eventually lead to a decline in the value of stocks.
• 00:20:00 In this video, three bearish-to-bullish reversal stocks are discussed. It is understood that these stocks may not be indications of a turnaround in the short term, but in the long term, the stocks may not be good investments.
• 00:25:00 Tom talks about how he likes the current trend in stocks and how he thinks there is still potential for a good return for those who are long. He also talks about a friend of his who is a brilliant short seller and how he believes that Alibaba is no longer a short.
• 00:30:00 In this video, the author discusses how he uses Book value, relative strength, and derivatives to invest in stocks. The author also talks about how he thinks the stock market is telling a different story for certain companies. He asks for feedback on his investing strategy.
• 00:35:00 The video discusses how the stock market has been moving in a choppy manner and how this may be due to the poor performance of some of the companies' earnings releases. However, the market has held up well today, despite this.
• 00:40:00 Tom discusses the role of luck in trading, how it is a part of any trade but not the only factor, and how longevity is the key to success in any field. He then goes on to talk about Facebook, discussing how it is down 60% on the year and how it could reach a bottom.
• 00:45:00 Tom Sosnov, from tastytrade, discusses the stock market and what he sees as a potential bearish-to-bullish reversal in stocks. He points out that a stock's all-time high doesn't mean anything, and that levels seen in 2019 or so may be lining up to create a potential disaster. He also previews Apple and Amazon, two of the stocks he covers on Thursdays, and warns that traders should hope for a disaster and see high trading volume on Thursday in order to capitalize.