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  • Swing Trade Idea – November 08, 2022

    • AMC Entertainment (AMC) – The company will report quarterly results after market close Tuesday. AMC has reported between 4:08 p.m. and 4:18 p.m. ET over the last two quarters.
    • Roblox (RBLX) – A play on the metaverse. Roblox will publish its quarterly results Wednesday before market open. Analysts expect a loss of $0.33 per share on sales just under $690 million.
    • e.l.f. Beauty (ELF) – A play on the cosmetics space. Shares marked a new all-time high last week following the company’s strong quarterly results. The stock has continued higher since last week. A Morgan Stanley analyst commented favorably on e.l.f. Tuesday morning and noted the company’s guidance will likely prove conservative.
    • First Solar (FSLR) – A play on an American solar manufacturer. In the space Tuesday morning, First Solar peer, SunPower (SPWR), reported better-than-expected quarterly results. SunPower shares traded up about 11% on the news.
    • IceCure Medical (ICCM) – One of Tuesday’s top momentum plays. Shares were up nearly 50% following news the company’s cryoablation device achieved a milestone related to Medicare coverage for breast cancer procedures. The issue is in low-float territory with about 16 million shares in its float.
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