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  • Swing Trade Idea – October 14, 2022

    • Netflix (NFLX) – The company will report quarterly results on Tuesday of next week. Netflix has historically reported right after the closing bell, around 4:01 or 4:02 p.m. EDT.
    • Blink Charging (BLNK) – A play on electric vehicle infrastructure. The company is a provider of electric vehicle charging services. The electric vehicle space will be in focus early next week as Tesla (TSLA) will report quarterly results on Wednesday.
    • Dolby Laboratories (DLB) – A play on the metaverse. The company is a developer of audio and surround-sound systems for a range of applications. On Friday morning, an analyst at research shop Tigress Financial said the “creation of increasingly immersive entertainment experiences for the Metaverse will be a major upside catalyst” for Dolby.
    • Rocket Lab USA (RKLB) – Shares were modestly higher Friday morning following news the company was selected for a contract to build solar panels for a NASA mobile rocket program. The terms of the contract were not disclosed.
    • Taoping (TAOP) – One of Friday morning’s momentum names. Shares were up about 10% in pre-market action despite no news. The issue is a low-float name with about 10 million shares in its float. Traders clump this stock into the group of non-fungible token (NFT) plays.
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