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Green light for Buybacks

(the majority by market cap has reported)
 
   
     
JEFFRY TURNMIRE’S MORNING MONSTER
Go Go Go!
 
 
 

Now that the majority of S&P companies by market cap have reported earnings we are set for stock buybacks to resume… Light economic news this week, so let’s see how markets react…

As always, stocks are popping and dropping… So tune in to come find out what today’s high-conviction trade ideas are!
 
 
Watch today’s Morning Monster Now!

P.S. Click here to subscribe to Jeffry’s YouTube channel completely FREE — and you’ll never miss another episode of Morning Monster again.

 
 
 
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TURNMIRE TRADING NEWS MINUTE
Apple’s Back?
 

It’s no secret, Apple stock has been having a bit of a tough time as of late.

After nearly tagging the 200 level twice last year — once in July, shortly after becoming the world’s first $3 Trillion company — and again in December, the stock has been on a bit of a slide.

It actually handed the title of world’s largest company by market cap to longtime rival, Microsoft.

But Apple could be making a comeback. After reporting stronger-than-expected earnings after market close on Thursday, the stock jumped over 7% before settling slightly lower by Friday’s close.

And Jeffry tells us that Apple has something else up their sleeve.

It looks like they held back some news to report this coming week.

Preliminary reports indicate the news is a new product announcement. They’re calling it the “Let Loose” event and it’s set to go live on Tuesday at 9am Eastern.

So by the time Morning Monster goes live, we should have some idea of what Apple’s got up it’s sleeve.

For the time being, though, Jeffry tells us that Apple clearly held the news back because they’re expecting the news could move markets again.

As a further sign that Apple could be back, Jeffry told us it might not be a bad idea to build a position in Apple, as this next leg up could see the stock hit 210, 224 or even as high as 260.

Tune in to Friday’s Morning Monster at the 7 minute mark for Jeffry’s full commentary.

— The Jeffry Turnmire Trading Team

 
 
TURNMIRE’S TOP TRADERS
“Things You Never Hear Anywhere Else…”
 

Laura dropped in to say something we hear often:

Jeffry is always ahead of the curve, talking about things you won’t hear anywhere else — for weeks or months… if ever.

Like when he was beating the drum about rate hikes late last year, while all the talking heads on TV were predicting rate cuts as early as March and April….

Or, just a few days ago, as Laura points out… Jeffry pointed to QCOM’s earnings pop — and their position as one of Apple’s top suppliers — as a sign that AAPL might have an earnings surprise of their own.

Anyone who took that advice and traded it made out nicely, as AAPL popped >7% overnight after announcing earnings.

Thanks for the kind words, Laura!
 
 

— The Jeffry Turnmire Trading Team
 

 
 
 
 
   
 
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