Starbucks, Phillips 66 And 3 Stocks To Watch Heading Into Wednesday


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


With U.S. stock futures trading lower this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:

  • Wall Street expects Phillips 66 (NYSE:PSX) to post quarterly earnings at $3.54 per share on revenue of $32.13 billion before the opening bell. Phillips 66 shares gained 0.3% to $112.49 in after-hours trading.
  • Starbucks Corporation (NASDAQ:SBUX) reported better-than-expected earnings for its third quarter, while sales missed estimates. Starbucks shares declined 1.3% to $99.95 in the after-hours trading session.
  • Analysts are expecting McKesson Corporation (NYSE:MCK) to have earned $5.88 per share on revenue of $70.25 billion for the latest quarter. The company will release earnings after the markets close. McKesson shares rose 0.1% to $405.10 in after-hours trading.

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  • Pinterest, Inc. (NYSE:PINS) posted upbeat earnings and sales results for its second quarter on Tuesday. Pinterest shares fell 2.8% to $28.15 in the after-hours trading session.
  • Analysts expect QUALCOMM Incorporated (NASDAQ:QCOM) to report quarterly earnings at $1.81 per share on revenue of $8.51 billion after the closing bell. QUALCOMM shares fell 0.2% to $131.80 in after-hours trading.

 

 

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20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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