IS TWTR A BUY RIGHT NOW (20% ROI) | Summary and Q&A

TL;DR

Twitter's Q3 earnings showed a smaller increase in daily active users than expected, causing its stock to drop, but there is potential for a recovery.

Key Insights

• 🥺 Twitter's Q3 earnings showed a smaller increase in daily active users than expected, leading to a drop in its stock value.
• 🧑‍💻 The performance of tech companies, like Twitter, has affected the overall market's performance negatively.
• 😘 The video suggests that Twitter may be a good deal due to its overall uptrend, historical patterns, and consistent high and low points.
• 🧘 Traders can manage risk by watching their position size and waiting for confirmation of an uptrend before adding more to their position.
• 🧑‍💼 Creating an effective watchlist is important to prepare for potential market sell-offs and investment opportunities.
• 🫥 Each individual has their own criteria for identifying value in stocks, such as quality companies in sectors like airlines, cruise lines, cannabis, or tech.

Transcript

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Questions & Answers

Q: Why did Twitter's stock drop after reporting positive earnings?

Twitter's stock dropped because its Q3 earnings revealed a smaller increase in daily active users than expected, causing investors to doubt its growth potential.

Q: How have tech companies' earnings affected the overall market?

Tech companies' positive earnings reports, coupled with lower guidance or expectations, have led to a drop in their stock prices, which has had a significant impact on the overall market's performance.

Q: What criteria does the speaker consider when evaluating stocks like Twitter?

The speaker looks for an overall uptrend, consistent growth patterns, and historically bullish behavior in stocks like Twitter. They also consider buying at a good deal and managing position size to minimize risk.

Q: How can traders take advantage of Twitter's potential recovery?

Traders can buy Twitter at a discounted price during the pullback and monitor for indications of an uptrend, such as breaking above the EMA line and showing higher highs and higher lows. They can add to their position size when the direction confirms.

Summary & Key Takeaways

• Twitter announced Q3 earnings with only a 1 million increase in daily active users compared to an expected 10 million, resulting in a decrease in stock value.

• The performance of tech companies this week, including Twitter, has affected the overall market, leading to a 3% decrease.

• The video highlights why the speaker believes Twitter is a good deal and potential recovery opportunity based on its overall uptrend, historical patterns, and consistent high and low points.