As earnings season winds down and the market shifts attention to the President’s “situation” today, a number of investors continue to look to the remaining companies left to report this week. This morning we already saw Target (TGT) and Urban Outfitters (URBN) beat earnings while others like Lowes (LOW) came in under expectations, which pushed the stock lower during early market hours.
If there’s one thing that’s certain it’s this: the earnings season we’ve seen so far has been one of the most fickle. Companies are coming in with record earnings this quarter but still end up getting smashed. The reason? Street expectations; and they have been high as of late. The announcements of record revenues and “highest EPS ever” pale in comparison to what the Street wants to see and many times that has hurt the would-be bull runs of countless companies.
Today we look toward the post market to see who will report and what may be some of the most active earnings trades to make on Thursday. In addition, we will track unusual options volume to try and determine where the street is placing their bets for future cash out:
Toward the end of the day, investors should also be paying close attention to who will be reporting earnings on Thursday morning before the opening bell:
These could be giving opportunities to score big with options strategies. But what stocks will be watched after earnings season is over and what are the best options to trade?