Nike reports earnings today after the market closes. The general consensus is for the company to report a drop of 2 cents for the quarter from 45 cents to 43 cents. Revenue is expected to come in at $8.1 billion up from $7.7 billion for the same quarter in 2015.
Here is my trade done ahead of earnings in Nike Stock. This trade ahead of earnings strategy has been profitable for every trade over the past 2 years in Nike Stock.
Nike Stock (NKE) Handling Of Trade Ahead Of Earnings – Dec 20 2016
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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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