Can Any Low-Priced Stocks Shock the World for Earnings This Week?

by | Nov 28, 2022 | Market Analysis & Education, Trade Ideas

Crush the Open returned after a week off for the holidays, and Lance Ippolito and myself covered a lot of actionable ground, including the top options plays left from the companies yet to report earnings.

Be sure and join us at 9 a.m. ET each Monday, and join our Telegram channel here!

The market has given us no real reasons to be enthusiastic, with no directional trend because of the holiday. But we should finally begin to see volume start to pick up, starting as early as Monday. 

We’ve also had a lot of diverging news bombs… one day good news for the market… bad the next, particularly regarding COVID-19 lockdowns causing major social unrest in China. 

Chinese stocks were on the move higher but could be over because of the lockdowns, which are also bad news for the global economy and markets. 

And like the Chinese government is holding its people hostage over COVID-19, the Federal Reserve still holds the U.S. hostage…

Crush the Open

And like the Chinese government is holding its people hostage over COVID-19, the Federal Reserve still holds the U.S. hostage…

As far as big numbers to watch this week, we have the House Price Purchase Index at 9 a.m. ET on Tuesday… Then we have whatever cooked-up gross domestic product data the federal government releases at 8:30 a.m. ET on Wednesday… followed by the big one this week, the Chicago Purchasing Managers’ Index at 9:45 a.m. ET, which will be the latest bit of inflation news to chew on. 

I’m a bit of a conspiracy theorist on GDP and fully believe the government cooks that number in any way it can. But the PMI is a survey of private sector purchasing managers, and that data comes directly from what they say. 

Taking a broad view of the market, the Nasdaq has been consolidating since the end of September and doesn’t look too bad from a technical perspective…

As far as companies that can still shock the world, we covered a ton of stocks on Crush the Open this morning, so check out the video up top — and don’t forget to join us at 9 a.m. ET every Monday!

Are there any topics you’d like to see me cover or questions you’d like answered? Send me an email at [email protected]. And be sure to stay ahead of the markets by subscribing to our YouTube channel and our Instagram page for all of the latest! Don’t forget to like, subscribe and leave us a comment!
You can also join my free Telegram channel, where I share market insights real time throughout the week, articles, videos and more!

P.S. It’s BACK! Lance’s Free Unusual Options Training Class! 

My guy Lance Ippolito… the No. 1 expert on insider activity at WealthPress… is hosting his famed Unusual Options Training Class at 1 p.m. ET this Wednesday, Nov. 30!

The last time he hosted this particular complimentary training was way back in February…

And still to this day, it’s one of the most popular, most loved, most exciting and most beneficial training sessions we’ve had in all of 2022.

He taught all of our subscribers a repeatable way to track and trade unusual options activity using nothing but a couple of free internet tools everyone has access to.

And at 1 p.m. ET this Wednesday, he’s doing it again…

Sign Up Here! 

WRITTEN BY<br>Jeff Zananiri

WRITTEN BY
Jeff Zananiri

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