© Copyright 2025 eOption, a division of Regal Securities, Inc., Member
FINRA/
SIPC |
Important Disclosures
950 Milwaukee Ave., Ste. 102 | Glenview, IL 60025
The information on this web site is for discussion and information purposes only. All accounts accepted at the discretion of eOption which accepts customer orders only on an unsolicited basis, and does not make any recommendations regarding any security or securities product with the possible exception of orders executed by our full service bond desk. Nothing contained herein should be considered as an offer to buy or sell any security or securities product. Online trading has inherent risks due to loss of online services or delays from system performance, risk parameters, market conditions, and erroneous or unavailable market data.
FINRA BrokerCheck reports for Regal Securities and its investment professionals are available at www.finra.org/brokercheck.
Options Disclosure: Options involve risk and are not suitable for all investors. Prior to trading options, you must be approved for options trading and read the Characteristics and Risks of Standardized Options. A copy may also be requested via email at support@eoption.com or via mail to eOption, 950 Milwaukee Ave., Ste. 102, Glenview, IL 60025. Online trading has inherent risks due to loss of online services or delays from system performance, risk parameters, market conditions, and erroneous or unavailable market data.
eOption Commissions: Broker-assisted orders are an additional $15. Option strategies involve multiple purchases; therefore your transaction costs may be significant for option strategy trades. A commission rate of $2.00 for equities and $3.99 + $.10/contract for options, per execution, applies to orders entered and filled by eOption's Auto Trade Desk and does not apply to customers who enter their trades directly into the eOption platform and are not utilizing the Auto Trade desk.
Broker Comparison: The competitor rates from published websites were verified on 05/25/2023 and are believed to be accurate, but not guaranteed. Commissions are subject to change without notice. At some firms, commissions may not reflect broker-assisted fees, orders over 1,000 shares, penny stock trades, OTCBB, pink sheet stocks or foreign stock orders. Firms may offer reduced commissions if additional criteria are met.
Blog & Commentary: eOption is neither affiliated with, sponsored by, nor endorses commentary and the opinions expressed are solely their own. Content is provided for educational and informational purposes only and eOption cannot attest to its accuracy or completeness. No information provided has been endorsed by eOption.com and does not constitute a recommendation by eOption to buy or sell a particular investment. You are solely responsible for your own investment decisions, and eOption makes no investment recommendations and does not provide financial, tax or legal advice.
First Look At Mega Cap Tech Earnings
www.oneoption.com
After the close Google, IBM and Tesla reported earnings.
PRE-OPEN MARKET COMMENTS THURSDAY – This was the first major round of tech earnings and the results were mixed. Google is up after earnings and Tesla and IBM are down. We also heard from TXN on Wednesday and that reaction was negative. In general, the reactions have been weak so far even though the companies “beat”. Remember, all of the earnings estimates have been lowered so the beats won’t mean as much.
AI chip makers are up overnight as analysts raised price targets. That is taking some of the sting out of the earnings reactions and the S&P 500 is up 3 points before the open. Overseas markets were up marginally so there is a slight tailwind.
Initial jobless claims came in at 227K and that is a good number. It bodes well for next Friday’s jobs report since the 4 week average has been declining.
There’s nothing to stand in the way of this rally. New trade deals are possible in the next week as the deadline approaches. A trade deal with Indonesia was signed yesterday.
I like buying dips. If the market gaps higher… I wait. If the market gaps down I can be more aggressive earlier in the day knowing that buyers are in control.
Next week we will get a much better feel for the earnings reactions as more tech giants report. So far the reactions have not been that good.
Support is at the low from Wednesday and resistance is at $640.
Content is provided by OneOption, LLC, which has no affiliation with Regal Securities, Inc. (“Regal”) This commentary is provided for information purposes only, and is not a recommendation, offer or solicitation by Regal to buy or sell securities or to adopt any investment strategy. Regal has not participated in the creation of the OneOption content and does not directly or indirectly endorse the content. Any reliance on this material is at the sole discretion of the reader.