Twitter and Apple Tragedy – Sharply Lower After Hours

Twitter Inc. ($TWTR)has reported 310M Monthly Users vs the forecasted 308M, missing on revenu. they have cut thier gudiance sharply sending the stock down over 12.5%.

Twitter sees Q2 revs $590-610 mln vs $677.39 mln Capital IQ Consensus Estimate; EBITDA $145-155 mln

Again thanks $TWTR for providing us another dissapointing Quarter, it makes us think this stock is not worth holding, it has been nothing but painful ride.

Apple Inc. has reported a miss on Profit and Revenue and they are planning to rise Dividend to 50B. Stock Plunges over 8%.

Analysts on average expect a decline in revenue to $52 billion from $58 billion a year earlier, according to Thomson Reuters. Earnings per share likely slumped to $1.99 from $2.33.

May be the IPAD Pro was the genuis behind this week report.

stop_whining_and_complaining_by_kevinbolk-d3bplew

30min Charts on $ES_F

Here is what have been discussed earlier in the room.

@IKE: $ES_F 30m revised count, as this is the wave 4 bullish count (elliote waves), but with the weekly momos is being bullish this certainly could go lower. The important thing is both counts Bull and Bear have ES moving lower. 

@IKE: ES Momos : Weekly Bear, Daily 8 Lookback OS (Bullish), Daily 13 Lookback Bear, 240m Bear. ES 30m 4 26 2016 SeekingOptions

“Anything between 2090 vs 2080 is an INSIDE day basically”

Pre Earning $AAPL, $TWTR Idea

The above two tickers have been dogs for the last couple of earnings, we think the best way to play them this earning, is by setting up an Iron Condor ( posted in the chat room  )

Good Luck trading them..

 

Dislclaimer am long $TWTR Calls and Stocks

A company was hiring a financial analyst. There were three candidates:
The first was a mathematician. The interviewer asked, “What is 2 + 2?”. The candidate looked extremely puzzled, but answered “Four”. The interviewer asked, “Is that it?” The candidate, again looking puzzled, replied, “What else could it be?”. The interviewer thanked the candidate and showed him out.
Next was a finance grad. The interviewer asked, “What is 2 + 2?”. The candidate explained, “The mean is four, but you can get a variation around the mean.” The interviewer thanked the candidate and showed him out.
The last was an economist. The interviewer asked, “What is 2 + 2?”. The candidate gets up from the chair, walks behind the interviewer’s desk to close the blinds, slides his chair around the desk, sits close to the interviewer, leans over and asks, “What do you want it to be?”

The True Economist

The True Economist

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