Thoughts on $FB and $BABA earnings?

Both companies are going to report on Wednesday, what do you guys expect from these tech giants?

 

...Could go up, or could go down -- or just stay rather neutral.
.Happy Halloween

If you don't know what you're doing, you should generally stay away from the quarterly earnings game. You're just bound to eventually lose...like betting on red or black on the roulette wheel.

 

Agreed, confident 100% or don't risk it at all. Works for me.

 

These are the companies where I doubt that they can get earnings hiccup.

 

FB keeps coming out with new things trying to squeeze out competition. I would have to say they should be rocking. All that said i have no real clue. Just from my observation in the real world.

 

FB blew out earnings, across the board, last quarter, and popped to $132 AH's but then fell to $124, in the days after. Don't play earnings as no matter what it's 50/50. If it pops you can get in early and ride it but if wrong like an Amazon earnings you'll get smoked as it fell to $740's. Google had good earnings and couldn't bust $840 and today was low $800's. FB and BABA should have good earnings but this market is weak.

 

Option markets are pricing in a +/- 5.4% move for FB and +/- 5.6% move for BABA

 

It's hard to say that they have a real competition at all.

 

Yeah, you are right. Earnings are almost always 50/50 chance.

 

Thank God didn't do anything. Great earnings but the market reacted really un-logically.