|Sunday, February 24, 2019|
The week started out rather feeble as volumes were light and price action was almost non-existent. Then some very good earnings came out on Thursday night which ignited a sharp rally on Friday with most leading stocks up anywhere from $3 to as much as $47 each.
Letís start off with the S&P-500 which is trending higher.
First up tonight is The Trade Desk (TTD) which posted super earnings on Thursday night and the stock gapped up nicely. Earnings were up 102% to $1.09 per share with revenues up 56% to $160 million. These are some of the best earnings Iíve seen this quarter and the reason this stock soared on earnings news.
I hope to see you in my chat room Monday and then back here Monday night.
Daniel J. Zanger