Another stock that was covered in my The Week Ahead article for the second week of October was YUM Stock. YUM Brands reports its latest quarterly earnings on Tuesday. Investors are nervous ahead of these earnings as Asia and in particular China plays a huge role in their revenue. With their North American restaurants sitting with “softer” earnings expectations all eyes are on the numbers out of China.
While many of the economic numbers the Chinese authorities release are questionable, it is financial numbers from companies like YUM Brands that assists in uncovering just how slow the Chinese economy is becoming. Tuesday is important then, not just for YUM Brands but for a better understanding of the Asian markets, with China being front and center.
Here is my trade this morning along with a second trade that I am attempting to enter today ahead of earnings…….This Yum Stock trade alert is for FullyInformed USA Members.
YUM Stock Trade Alert for Oct 5 2015
FullyInformed USA Members can read the rest of this YUM Stock trade alert directly through this link. Members can sign in here. Non-members can join here.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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