Hi friends,
Looks like last week ended on a high note for most major indices!
This is where they ended up this past Friday (7/31/20):
Dow Jones Industrial Average: 26,428.32 +114.67 (+.44%)
S&P 500: 3,271.12 +24.90 (+.77%)
Nasdaq: 10,745.27 +157.46 (+1.49%)
Russell 2000: 1,480.43 -14.67 (-.98%)
Earnings season is fizzling; here's just a few to keep an eye on (8/3/20-8/7/20): 8/3/2020:
CLX
CMS
GPN
SBAC
TSN
8/4/2020:
ALL
ATVI
DIS
EMR
EXC
PRU
8/5/2020:
AWK
CVS
MET
PSA
It pretty much goes without saying that Apple (AAPL) kicked serious butt last week. Let's take a look at some core analytics:
Last 4 earnings report:
2019Q3: Beat
2019Q4: Beat
2020Q1: Beat
2020Q2: Beat
3-year EBITDA
2017: Improved from 2016
2018: Improved from 2017
2019: Decreased from 2018
Technicals:
3-month: ~ +47.84%
1-year: ~ +99.87%
5-year: ~ +247.32%
If you own stock in Apple, you're going to experience a 4:1 stock split. If this is your first time experiencing a stock split, man oh man, this can be quite the treat. Shares being accessible in pricing is important to being able to sell covered calls. Why? Find out in our Level 1 Courses! Until next time! - Call to Leap Team
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