If you thought the news about Elon Musk buying Twitter, Inc. (NYSE: TWTR) was dramatic, check out these unbelievable stories from the other day…
Typically we see this kind of BS with penny stocks. But now it’s happening to blue-chip mega-caps…
And some of the stocks’ reactions to the news show just how news-sensitive traders and this market are.
It can also show you how unpredictable these large-cap names can be when it comes to news.
Are there opportunities in these big names? Read on to find out…
And if you want your hands on the number #1 news source Tim Sykes swears by — you can get it here!
Breaking News Stories
The Breaking News Chat covered Meta Platforms, Inc.’s (NASDAQ: FB) leaked earnings mid-day on Wednesday.
What do I mean by mid-day earnings? They weren’t released until after hours, right?
That’s correct…
But somebody at Bloomberg published an article reporting earnings at 1 p.m. Eastern. And the news quickly spread on Twitter…
Our Breaking News Chat team picked up the story and alerted it…
The stock dropped 3.6%, or $10 per share, within minutes of the news headline. Look at that midday dip…
FB chart: April 27, 2022, 1-minute candle — courtesy of StocksToTrade.com
A few minutes later the Breaking News Chat team announced the headline correction…
The stock quickly recovered but continued to fade in the afternoon before soaring after hours on the actual news release.
But that’s not the only crazy news story to hit the wires yesterday…
Next up are Beyond Meat, Inc. (NASDAQ: BYND) and McDonald’s Corporation (NYSE: MCD).
On Wednesday the companies announced the McPlant burger would become a permanent menu item. Again, the Breaking News Chat team alerted the news…
There was a great trading opportunity. The stock soared over $10 per share in a few minutes. Look at this beautiful chart…
But that’s not the end of the story…
McDonald’s said, not so fast…
And the previous news headline was quickly changed to, “McDonald’s and Beyond Meat say the McPlant burger is “an opportunity.” (Read the article to the end to see the correction notice.)
The stock halted to the downside after the news. It opened $4 per share lower and quickly tanked another $2 per share. What a ride! Check out the chart…
BYND chart: April 27, 2022, 1-minute candle — courtesy of StocksToTrade.com
What can we learn from these crazy news headlines and roller coaster moves?
First, trading is risky whether you trade large-cap or small-cap names…
Second, news changes fast in the market. So you better be prepared…
The best way I’ve found to do that is to use the Breaking News Chat. It’s the best newsfeed I’ve found in all my years of trading.
Of course, I might be a little biased … But I think everyone can agree that having breaking news spoon-fed to you sure beats the heck out of searching multiple sites to find news stories…
And if you don’t know the news, you either miss out on opportunities or you could be stuck holding a bag wondering what just happened.
In this news-sensitive market, there’s no better time to try out the Breaking News Chat.
Get your limited-time trial here.
Let’s see what breaking news will rock the markets today…
Tim Bohen
Lead Trainer, StocksToTrade
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