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.
Tesla has pulled back but has not crashed like other overvalued stocks due to the Elon effect. Fundamentally, Tesla is not trading at the level it's valued at fundamentally, with premiums factored in for Optimus robot and robo-taxi already baked into the price.
SPCX was called out to the LPP team after it started selling off. A few LPP members were shorting SpaceX, viewed as a higher risk short because it was already technically oversold but had significant momentum in selling pressure. Direction was totally in favor, making it a missed opportunity.
Google came out 3% and went all the way back to red. Tesla tested previous lows around 370, approaching a major support range and technically oversold. Alphabet beat expectations significantly, while Tesla missed EPS expectations of 59 cents by 32% with no revenue growth for three years.
50 shares of Google were bought at approximately 16,000 dollars as a light position, followed by another 50 shares. ServiceNow was down 1% and consolidating between lows of 80 and highs of 120 with no progress in higher highs.
Tesla as a trillion-dollar company missed EPS expectations by 32% with no revenue growth for three years. The speaker owns two Teslas and has a third on pre-order, having taken 50% depreciation hits, and states they would never buy a new Tesla again despite loving the vehicles more than their Lamborghini or Ferrari.
Google has 160 billion in net income while Tesla doesn't come close. Google trades at 420 billion with a 360 P/E ratio and less than 4 billion in net income as a Mag 7 company. The speaker has shorted Tesla multiple times successfully but respects market sentiment beyond fundamentals.
The Google position was trimmed from 100 shares, selling at a profit of 1,600 dollars. The approach emphasizes cashing out when in doubt rather than becoming bag holders. A small short of 25 shares was opened on MU at 977, with willingness to carry overnight.
ServiceNow reported better than expected earnings and was up 4.8%, technically oversold before the report. IBM was up 3.48% despite missing both EPS and revenue guidance, trading at a low P/E ratio with 20% upside. The speaker is confused about how IBM gapped up after poor earnings.
50 more shares were added to the MU short position, totaling 76 shares at approximately 48,000 dollars. ServiceNow reached up 5-6% while Tesla should be down 10% according to the speaker's assessment.
The speaker emphasizes paying attention to valuations and fundamental company performance, voicing disagreement when price action doesn't reflect growth. They prefer being straight up rather than sugarcoating opinions and acknowledge having a petty personality that can be worked on.
If Tesla opens at 360 tomorrow, it won't be over for Tesla bulls as long as Elon remains in charge. Tesla has historically had huge rallies and significant drawdowns but always recovers. The speaker disagrees with current Tesla valuation growth despite lack of company growth, but respects others betting on Optimus robot and robo-taxi potential.
ServiceNow showed great indication up nearly 6%. Google is viewed as a long-term play but wouldn't be bought just because of existing investment. Overall market conditions significantly impact tech company success, with Google potentially selling off more before recovering if markets decline.
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I spend every morning with our team anywhere from 30 minutes to an hour. I try to be as proactive as I can. We have good days, we have bad days. I have good trades, I have bad trades.
Do not join because you want to copy me. Join because you want to understand the thought process behind these trades. You get to see it all, right? All the good, all of the bad.
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I opened an additional 76 shares here. Average price right around 973, almost 974. Right now it's trading right around 976, 977. So testing a resistance. If it begins to break out, I'll trim it down. If we get confirmation, I'll add more to it. I'll do my part in keeping you guys up to date.
The only other trade that we took was Google, which I made $1,500 on.
If I offended you because of something that I said in this video, then maybe I'm just not for you. I am pretty straightforward. Some people get offended by the way that I speak. I try not to be vulgar. I try not to be aggressively disrespectful. But I am very straightforward and very blunt.
If I don't agree with a company, I call it out as just that. But it's just my opinion and I'm just an individual. Don't allow my opinion to define what you think. We're all entitled to ours.
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