The Walt Disney Co. (NYSE: DIS) recently reported blowout earnings . . .
With a huge 36% increase in revenues.
Yet Disney shares fell 3.6% . . . despite the impressive results.
Meanwhile, “overnight traders” were able to bank a huge 25.6% profit trading Disney. And the trade was OPENED and CLOSED within 24 hours.
Go here to get my next “Overnight Trade” alert.
Disney has been making lots of headlines recently.
The company’s Disney+ streaming video service launched in November. And for $6.99 per month, you can access 500 movies and 7,500 television episodes.
Disney+ has been well received – with 26.5 million subscribers.
That means the streaming service is on track to generate $2.2 billion in annual sales – even if the number of subscribers remains unchanged.
This new streaming service compliments the company’s existing businesses. Disney owns ESPN+ with 7.6 million subscribers. And the company also owns a majority stake in Hulu, with 30.7 million subscribers.
Most investors were focused on the earnings report. They read the company’s 10Q filing with the SEC. And they listened to CEO Robert Iger explain the company’s financial results.
The bottom line is that MOST investors focused on the fact that Disney sales surged 36% . . .
Yet Disney profits dropped 17% over the last year.
Meanwhile, I ignored everything.
No reading the press release. No digging into the 10Q. And no wasting an hour listening to the CEO and CFO discuss results.
Here’s what I did instead:
At 12:01 p.m. on the day Disney reported earnings . . .
I entered a quick Overnight Trade in DIS with an 85% chance of WINNING (go here to find out how this works).
And I estimated that the trade could hand me a quick 28.8% profit.
Now, after the market closed, Disney reported earnings. And investors who were “LONG” shares saw their position lose value.
Meanwhile, the next morning at 9:32 a.m. I closed out my DIS trade . . .
Earning a 25.6% profit in just 21-hours!
Click here to turn $5,000 into over $196k with Overnight Trading (it’s FREE)
Now, this Disney profits situation wasn’t unusual.
In fact, I make these quick profit trades EVERY earnings season. And it has nothing to do with buying shares of stock or short selling.
Right now, I’m turning a profit on 100% of these trades.
That’s right. Each and every one of my last 12 trades has been a winner. 12-for-12.
Over the last 2+ years, 80% of these Overnight Trades have been profitable. And each trade is OPENED and CLOSED within 24 hours.
If you’re day trading . . . swing trading . . . or buying options . . .
You’re missing out on the most profitable trades.
Go here ASAP to discover the Overnight Trading secret.
Andy Crowder