Sunday Summaries is a series by BeginnerTrading where we give you information on the week to come, as well as some potential day/swing trade plays on Monday.
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Become A MemberSunday Summaries is a series by BeginnerTrading where we give you information on the week to come, as well as some potential day/swing trade plays on Monday.
Trade with us LIVE Everyday at 7:30 AM EST!
JOIN US
Join our community to be the first to receive notices about news, streams, and more. We promise to only send relevant and useful emails, no spam, no paid promotional nonsense.
Summary Of Before-Open Earnings (Monday)
- XPENG Inc (XPEV) – Electric Vehicle Company
- Earnings, w/ reports of higher car prices due to materials
- Revenue is vaulting, up 180%, also giving XPEV their first billion dollar quarter
- Sold 41,751 vehicles, up 222% year-over-year
- Due to recent oil prices and talk from world leaders the oil market is soaring, causing people to look elsewhere for transportation needs. The EV market has been riding off this sympathy last week, and this could be additional catalyst to the XPEV earnings.
- Jefferies Financial Group Inc. (JEF)
- Good stock range, good float, and good average daily volume.
News & Updates?
NIO recently had decently positive earnings. However, they did mention an increase in their car prices due to the costs of raw materials. With that, they still are planning to release a wave of ET7 cars to China on Monday. News and sensationalism could be a catalyst, and make NIO something to watch.
Big Companies With Earnings After Close (Potential Swings)
- Dave & Busters (PLAY)
- Ginkgo Bioworks (DNA)
- Aveanna Healthcare Holdings Inc (AVAH)
Personally Avoiding
(Reasons -> Low Float, Low Volume, Is a Penny Stock)
- CASI
- VIOMI
- ITERUM
- MindMed
Market Overview
According to the S&P500 and the Dow Jones Indicators, the market has been in an uptrend this weekend, and as a result we can be expecting bullish activity this Monday (3/28/2022).
