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  • Swing Trade Idea – January 25, 2023

    • Tesla (TSLA) – The company will report quarterly earnings after market close Wednesday. Ahead of the report, Morgan Stanley named Tesla its top pick in the US automobile space. The firm said it likes Tesla’s “profitability, free cash flow generation, strong balance sheet and an ability to use its scale and cost leadership to drive competitive advantage.”
    • McDonald’s (MCD) – Will report quarterly results on Tuesday before market open.
    • Snap (SNAP)  – To publish Q4 earnings on Tuesday after market close.
    • Shopify (SHOP) – Shares rebounded from below a notable technical level at $42 to push over resistance around $44. The stock was up 6% Wednesday morning.  
    • TC BioPharm (TCBP) – The stock saw some interesting price action around certain prices this week.
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