Live Now: Tesla & Google Earnings Report 2026
In a Nutshell
Trader shares live market observations from Tesla and Google earnings day, noting risky conditions and lessons from a successful MU short position taken too early. Tesla missed EPS by 32% with flat revenue yet holds premium valuation due to Elon Musk sentiment, while Google beat expectations and saw the trader profit $1,600 on a light long. Core advice: respect market irrationality, avoid heavy positions during earnings volatility, and focus on understanding trade logic rather than copying positions.
These notes were generated by AI and may contain inaccuracies.
Markets pumped at the open but began derisking into the close on the 5-minute timeframe, building a beautiful overbought reversal. QQQ formed higher lows and ran up another leg to 710 per share before consolidating for hours, then broke below EMA and began selling off.
Four main companies are being monitored: Alphabet (Google's parent company), Tesla, ServiceNow, and IBM. The focus is on watching how markets react using Investing Pro software to stay updated with current reports.
Trading during earnings reports is incredibly risky. Light positions are recommended if taking trades, with the reminder that earnings calls can occur an hour or two after the report and may serve as further negative catalysts. The approach is to make beginners aware of risks during speculative times.
Micron was down to lows of 920 during pre-market, creating a beautiful gap down overnight, then recovered within the first hour of market open. A short was taken overnight with profits captured, but another short was opened too early. The stock began gapping down, requiring buy-to-cover actions. The short position was 25 shares, with the last 26 shares covered at 962.
The experience revealed that entering shorts too early is common, with inability to tolerate the time required for stocks to sell off. Markets can stay irrational longer than you can stay solvent. It always makes more sense to go long than to go short, though unique opportunities present themselves when stocks are overvalued.
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