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In the history of the stock market, there has never been a better time to trade an earnings season than right now… and I have the tools to do it successfully.
It's a volume-tracking tool that can help you make back three months' worth of cash – in two weeks…
You see, the market is still facing incredible amounts of volatility. While some of the "too big to fail" companies like Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) and JC Penney Co. Inc. (NYSE: JCP) are in jeopardy of closing doors and shutting off their lights for good, other companies are elbowing their way to the forefront.
For example, online medical care provider Teladoc Health Inc. (NYSE: TDOC) and teleconferencing provider Zoom Video Communications Inc. (NASDAQ: ZM) are a couple of the companies that are blowing second-quarter earnings reports out of the water.
In fact, the online work communications site Slack Technologies Inc. (NYSE: WORK) reported that the company was up 49% from the year prior.
In addition, online retailers like Amazon.com Inc. (NASDAQ: AMZN) and Walmart Inc. (NYSE: WMT) are experiencing record sales and have hit all-time highs over the past few weeks. AMZN just reported that it is up 26% from the year prior on Q1 earnings.
The bottom line is that stocks are moving big time… and that means you can profit.
Once the true impact of the coronavirus on companies is revealed, big volume moves are sure to ensue – which means that a large number of stocks get bought or sold at once, creating high-probability, short-term opportunities to profit.
And now is the time to take advantage.
Now, I'm not talking about buying and holding stocks. Nor am I talking about shorting them.
I'm talking about trading options…
The Only Way to Play Earnings for Big Profits
I'm going to start out with an example…
Back at the end of February, right when the coronavirus crisis began spreading across the world, Royal Caribbean Cruises Ltd. (NYSE: RCL) dropped to a 4.5-year low – a move accompanied by a huge volume spike, indicated in the chart below.
Volume is one of the best indicators when it comes to predicting a stock's next move. With heavy volume on RCL's plunge, it was clear this stock was set to fall even lower.
And that's exactly what it did. By selling a bearish credit spread, you could have scored an 87% gain on the in-trouble cruise line after just six days.
Now, this opportunity on RCL has come and gone. But we have even more opportunities to do this with the companies that have yet to report earnings.
There are a ton of companies that still have earnings reports coming up.
I'm talking:
- Walmart Inc. (NYSE: WMT)
- Home Depot Inc. (NYSE: HD)
- Target Corp. (NYSE: TGT)
- Deere & Co. (NYSE: DE)
- Lowe's Cos. Inc. (NYSE: LOW)
- Marriott International Inc. (NASDAQ: MAR)
- Noble Energy Inc. (NASDAQ: NBL)
And that's just to name a few.
The earnings of each of these companies have been greatly impacted by COVID-19 and are expected to move big.
In fact, this could be the most important two weeks the stock market has ever seen.
We could see three or four money-doubling opportunities every single day for the next two weeks of trading.
That would be enough to make back every last cent you've lost over the past three months.
The proof is in the numbers. By playing big volume moves just like these, my V3 Trader readers were given the chance to score…
And that was before earnings were really ramping up. As thousands of companies reveal the true impact of the coronavirus over the next two weeks, volatility could rocket sky high…
Setting up the perfect opportunity to profit. To learn the best way to trade this earnings season, just click here…
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About the Author
Tom Gentile, options trading specialist for Money Map Press, is widely known as America's No. 1 Pattern Trader thanks to his nearly 30 years of experience spotting lucrative patterns in options trading. Tom has taught over 300,000 traders his option trading secrets in a variety of settings, including seminars and workshops. He's also a bestselling author of eight books and training courses.