Should You Buy Square (SQ) Ahead of Earnings?
As Q3 earnings season starts to wrap up, investors are already starting to reflect on what has been a remarkable stretch of strong reports, especially in the tech sector. However, there are still a few market-moving tech companies left to announce their latest results, including mobile payments giant Square, Inc. (SQ) .
Square, led by Twitter (TWTR) CEO Jack Dorsey, is set to release its third-quarter 2017 earnings report after the closing bell on Wednesday. Over the years, the company has pioneered mobile payment solutions and revolutionized operations for countless small and medium-sized businesses. And now, the stock is finally starting to take off.
How Much Higher Can Square Inc Stock Go?
About a month ago, hyper-growth payment processing company Square Inc (NYSE:SQ) was riding secular growth trends in digital and mobile commerce to all-time highs. SQ stock had crossed $30 for the first time and showed no signs of giving up any momentum. I said investors should buy into that rally.
Blink once, and just like that, SQ stock is up 20% since then. The stock now trades around $36. It’s safe to call this a break-out. In fact, SQ stock has been in break-out mode for a while. A year ago, this was a $12 stock. It has essentially tripled since then.
Square (SQ) Q3 Earnings to Reflect Strong Seller Growth
Payment and point-of-sale (POS) services provider Square, Inc. SQ will report its third-quarter 2017 results on Nov 8 after the bell.
Today's Trading Lesson
Jeff Bezos Just Revealed the 1 Surprising Mind Trick That Helped Him Become a Multi-Billionaire
It’s no accident that Jeff Bezos built one of today’s most successful online businesses, and that made him the richest
person in the world.
As Jeff considered whether to stick with his safe and relatively lucrative career on Wall Street, he stepped back from
his day-to-day activities at work for a few days to imagine what it would be like to start his own company.
But he didn’t just imagine what it would be like a month or a year into the future. That would not have given Jeff the
answer he was looking for.
Today Is the Youngest You Will Ever Be — Learn to Live With Zero Regrets
I wanted to share the top four regrets of the oldest generation in the hope that life experience helps you to gain some perspective.
Today's Trade of the Day | 11-8-17
COST-Costco continue to flirt with the $167 breakout ahead of the holiday season. Game planning a conservative $168 buy stop for a new long. Short-term resistance @ $170 but plan to be patient and hold the position a little longer to the $182 target. NOT entering early, too much resistance here.
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S&P 500 Heatmap
Stocks to Trade | Wednesday Edition 11-8-17
Bullish Momentum: SLCA, QCOM
Bearish Momentum: mnk, trip, htz, car, w, kss, evhc, momo, lulu, jwn, bby, aal, nflx, nclh
Bullish Order Flow: LRCX, NVDA, CAT, BA, SRPT, MCD, BABA, AAPL, DE, CRM, UNH, DLTR, AMZN, FB, ADBE, CCI, MA, Q, LYB, EOG, FSLR, JUNO, MAR, AVGO
Bearish Order Flow: mnk, trip, w, evhc, expe, aap, agn, cah, aaoi, celg, tsla, cvs
Double Normal Volume: MNK, TRIP, QCOM, HTZ, DVN, CAR, TMUS, SLCA, K, EXPE, WB, MAR, CC
Inside Days: qcom, cvs, pfe, nwl, gild, tsla, adm, exel, adm, jnpr, stx, ibm, fslr, aa, ntap, unp
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