LIVE NOW: APPLE & SANDISK EARNING REPORT 2026
In a Nutshell
Trader made $5,900 on SanDisk inverse ETF position by reducing size early and closing after an 18% push. Apple beat earnings modestly but showed minimal movement, while Reddit missed expectations and dropped 5.47%. Key warnings emphasized proper position sizing for beginners, avoiding earnings trades, and not over-leveraging at extended market highs.
These notes were generated by AI and may contain inaccuracies.
Apple and SanDisk are reporting earnings after markets close, with volatility already presenting. Apple experienced a significant drop but then pushed up to highs of 275.94, with all-time highs recorded at 288.35. All other companies reporting earnings exceeded market expectations, though Meta and Microsoft saw downturns despite meeting expectations. SanDisk is finding support around the 1,100 range at 1,098. SanDisk has been one of the best-performing stocks for 2026, with a 3,000% return in one year driven by hype rather than fundamental strength.
Apple giving back gains serves as a reminder that beginners get upset when pumps and rallies reverse. Those who bought Apple on this particular day face unfortunate timing. Long-term investors who already hold Apple positions have an advantage, provided they considered position size and exposure. Apple has both upside potential and downside risk if it fails to meet Wall Street expectations.
The Nasdaq market is holding strong and pushing to new all-time highs. The observation is made that celebrating 3-year high inflation by pushing to all-time highs seems contradictory. The dip appears to be getting bought up. Volatility remains high, and the reminder is given that trading stocks right before earnings is not ideal for beginners due to the extreme risk exposure.
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