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  • Swing Trade Idea – July 28, 2022

    • Advanced Micro Devices (AMD) – Will report quarterly results on Tuesday of next week. Analysts expect earnings around $1.03 per share on sales just over $6.5 billion.
    • Alibaba (BABA) – Shares were lower with the broader Chinese stock market Thursday morning following news the Chinese central bank raised their benchmark interest rate by 75 basis points.
    • PayPal (PYPL) – The stock closed up about 12% on Wednesday following a late-Tuesday report notable activist investor Elliott Management has a stake in PayPal.
    • Jakks Pacific (JAKK) – One of Thursday morning’s biggest winners following an earnings report. Shares were up nearly 40% on the heels of better-than-expected results.
    • Better Therapeutics (BTTX) – Shares were up about 50% Thursday morning following positive data out of a trial for the company’s Type 2 diabetes drug candidate.
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