Will earnings be “trick or treat” for Facebook (FB) when it reports Wednesday November 1st after the close?
All of the FANG stocks have done well this earnings season. Netflix (NFLX) beat earnings two weeks ago. Yesterday both Alphabet (GOOGL) and Amazon (AMZN) beat earnings. This is one reason why Facebook was up $7 yesterday!
Facebook has beaten earnings 17 out of the past 18 quarters. We are long November $180 calls.
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