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  • Swing Trade Idea – November 01, 2022

    • Twitter (TWTR) – Elon Musk is officially Twitter’s lone director. Musk fired the entire Board following the completion of the deal for Twitter. Reports out Monday suggested Musk will cut Twitter’s current workforce by about 25%.
    • Advanced Micro Devices (AMD) – The company will report quarterly results Tuesday after market close. Analysts expect earnings of $0.74 per share on sales of $5.8 billion.
    • Block (SQ) – Will publish quarterly earnings on Thursday after market close. As a major provider of payment devices, Block can be used as a gauge of the strength or weakness of consumers.
    • Yum China (YUMC) – A play on the Chinese economy. Yum China’s KFC is extremely popular in China. The company will report quarterly results on Tuesday after market close.
    • Arista Networks (ANET) – One of the most-discussed companies and stocks by analysts on the sell side Tuesday morning. Shares traded up about 1% following better-than-expected quarterly results and strong guidance released Monday evening.
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