🚨 LIVE NOW: COIN, OPEN, IREN, CRWV EARNING REPORT 2026
In a Nutshell
Trader live-streamed earnings reactions for speculative stocks like OPEN (missed EPS amid housing woes, holding on meme momentum), CRWV (53% EPS miss, down 4-5%), IREN (overbought but resilient), and COIN (613% EPS miss, biggest loser). Took profits on SNDQ ($7,800), small shorts on CRWV ($500), IREN ($260 open), and OPEN (down $120 open), emphasizing small positions, no leverage, and avoiding fights against momentum in irrational markets. Promotes free live trading tomorrow and tools like Investing Pro for analysis.
These notes were generated by AI and may contain inaccuracies.
Today, May 7th, several speculative companies are reporting earnings with a disconnect between fundamentals, technicals, and what they produce. Markets are trading at elevated levels in irrational times. Took profits on a small position that consolidated all day, sold off slightly, then recovered into the close. Fully closed it out except for one lucky share, resulting in a break-even trade. Big trade today was on SNDQ, fully closed for $7,800 profit, though closed a little early as it retested previous highs and ran up another 5%.
Open Door reporting earnings with market expectation of negative 10 cents per share. Reported fair on adjusted EPS, 27% revenue surprise. Housing market is not doing well. Open Door is like a glorified house flipping fund using AI to lowball homeowners and charge fees. Not profitable in a long time, especially in unfavorable conditions. Reported $1.3 billion loss from selling poor inventory. New CEO, new management, new vision, but same issues. Good at marketing, ran from 50 cents to $10 highs, has meme-like qualities and cult-like following. Could rally to $8-$10 or break $4 support and head to sub-$1 on terrible earnings and guidance.
CoreWeave inflated on larger time frames, nice run-up testing previous highs, volatile: runs up, sells off repeatedly. Overbought but doesn't need to crash in speculative times. IREN also reporting, overbought. No positions yet. INTC testing previous lows. Coinbase at common resistance. Took 1,000 shares short on Coinbase ($5,000) right before close for fun, to have skin in the game.
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