How to Play 3M Going Into Earnings

The video discusses the current market dynamics, focusing on FANG stocks and their influence on the market. It explores the potential impact of Alphabet's earnings and the broader implications for the sector. The discussion then shifts to 3M, analyzing its bearish outlook and trade strategy involving a put spread. The video also addresses trade concerns affecting industrials and the overall market, highlighting the breakout of financials due to rising interest rates. The market is seen as reacting to daily news rather than being driven by a single sector.

What is the market's main curiosity regarding the FANG stocks?

• Their potential to outperform the industrial sector

• If they will merge into a single company

• Whether they will influence each other or trade independently

• Their ability to increase dividends

What is the expected move for 3M's stock price by next week?

• $10.00

• $8.00

• $12.00

• $5.00

What is the primary reason for 3M's bearish outlook?

• Strong competition from tech companies

• Trade concerns and potential guidance reduction

• Lack of innovation

• High production costs

Which sector has recently broken out due to rising interest rates?

• Financials

• Healthcare

• Technology

• Consumer Goods

What is the current market trend during the earnings season?

• Trading based on daily news

• Investing heavily in industrials

• Focusing on long-term sector performance

• Ignoring financial reports