Goldman Sachs blew Wall Street profit forecasts away on Tuesday. Yet, the stock reacted negatively — continuing a theme of negative reactions to strong earnings reports this season.
Bottom line: Action Alerts PLUS holding Goldman crushed it. The stock deserves more love off the results.
Netflix earnings were a colossal letdown across the board. For many traders of red-hot FANG (Facebook FB , Amazon AMZN , Netflix NFLX , Alphabet GOOGL ) stocks, results from Netflix should lead to one questioning exposure to the space. Amazon looks to have had a solid Prime Day, even with the site being down for a bit. That’s bad news for retailers this holiday season.
Here’s what Jim Cramer is telling Action Alerts PLUS club members now.
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