A quick earnings update & tip if you’re trading today

Airlines reported today

Airlines reported earnings today & dropped A tip for why this could be: The pace of earnings announcements picked up pace this week and by next week will be at full sprint.   So far the numbers have mostly met estimates and have helped the major indices push back towards record highs.    The quarter kicked off last week with the major banks such as JPM, GS, BAC and WFC all posting solid reports which help boost those individual stocks  some 4%-5% following their reports.    Here's what happened today:   We saw major airlines like  UAL,  ALK and  AAL report this week   And despite strong numbers the stocks have pulled back.    Why does a stock pull back when numbers look good vs. go up?    This may simply be due to profit taking as the sector as measured by the Global Jets (JETS) ETF has enjoyed a nearly 50% straight-line run since last August's lows. This is why when trading earnings you must always consider what a stock has done leading into the report, not just the estimates or expectations.   A focus for me today will be Texas Instrument (TXN) which reported after the bell today.  The chipmaker should give a glimpse of what to expect from the critical semiconductor sector.    So, are we in a bull market or a pullback right now?    All these banks and airline earnings are simply the appetizer main course coming up.     Next week when 4 of the Magnificent 7 report; Apple, Amazon, Meta and Microsoft.    The reports will not only move the individual stocks but could determine whether this bull market has another leg higher.    I'll give you more of an update next week on Thursday. Stay tuned.    Steve Smith Earnings360 More from Adam Mesh LIVE How to spot big moves in 2025 A replay from Christian Tharp Yesterday, Christian hosted his first webinar of 2025 and he cooked for over an hour.   First, he discussed the macro picture of the market… before drilling down into specific trades to capitalize on the macro.   He discussed:    Is there a recession looming? The 10-0 indicator that is blaring red Why lowering rates isn't going to help your trading How we traded AMZN for $0.80 and made a 200% from the big move A case study on how to use options to buy a dip (example from 170% win on ISRG)   The most profitable time to make 'big move' options trades are when there's a recession or correction.    You're setting up to take advantage of crazy volatility happening now and to come.   Christian breaks down how to spot these big moves.    If you've followed his big moves in the space, you would've been a member of his service Options Gambit.    This is the equity curve for Options Gambit since inception with 3-5 options trades per month. Check out the replay on finding big moves in 2025 Adam Mesh Live LLC, Disclosures UNSUBSCRIBE PREFERENCES If you'd prefer never to hear from us again, you can Unsubscribe completely. We'll be sad to see you go, so please be aware that clicking that link will make it impossible for us to email you about anything, so you won't receive product updates, event notifications, paid services, news or future announcements. Adam Mesh Live ( A Division of T3 Live LLC) | 88 Pine St, 23rd Floor | New York |, New York 10005 United States (646) 896-3063