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  • Swing Trade Idea – April 26, 2023

    • Amazon.com (AMZN) – The company will report quarterly results on Thursday after market close.
    • Advanced Micro Devices (AMD) – A peer play ahead of the first earnings report out of the big three chip names; Intel (INTC) will report quarterly results Thursday afternoon. Shares of AMD, Intel, and NVIDIA (NVDA) trade closely together following a major news catalyst like earnings.
    • C3.ai (AI) – Shares were up 3% in pre-market action following news of a government designation for the company’s services. The US Air Force labeled C3.ai’s software as a system of record for its Condition Based Maintenance Plus initiative.
    • ExxonMobil (XOM) – One of the first of the big integrated oil companies to report last-quarter results. Exxon will report quarterly results Friday morning, along with Chevron (CVX).
    • SAI.TECH Global (SAI) – One of Wednesday morning’s biggest gainers. Shares were up almost 40%. Our newsdesk team did not see news to justify the move higher in shares. SAI.TECH is both a penny stock and low-float name, meaning it will be more susceptible to volatility and momentum.
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