Why Nike’s earnings are critical for growth investors

Wall Street Unplugged - What's Really Moving These Markets

Frank Curzio

Business, News, Commodities, Debt, Investing, Macroeconomics, Gold, Personal, Uranium, Oil, Economics, Business News, Geopolitics, Industry, Crypto, Stocks, Curzio, Trading, Finance, Research, Investments, Tokens, Talk, Crisis

4.5 • 1.1K Ratings

🗓️ 20 December 2022

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

Apparel giant Nike (NKE) will report its latest earnings this afternoon. I explain why these results will give us a critical look at how consumers are holding up heading into 2023… and provide an updated glimpse at the company’s biggest growth drivers: China and the metaverse. I also highlight how Nike’s results could set up a solid trading opportunity. Banking titan Wells Fargo just agreed to pay $3.7 billion in fines for screwing over 16 million customers. This is a prime example of why everyone hates Wall Street. I break down the charges… and why I’m no longer bullish on the banking sector. I’ve been pounding the table about how investors need to prepare for major volatility as the economy heads into a recession… And Genia Turanova’s MoneyFlow Trader is the perfect way to take advantage of a bear market. We’ve discounted this service to make sure everyone can afford to follow Genia’s put-buying strategy, which is designed to make you a fortune as stock prices tumble. In this episode How to play Nike’s latest earnings results [1:35] Why China is Nike’s most important growth driver [7:18] Nike is going all in on the metaverse [10:10] How to make a fortune as the bear market continues in 2023 [20:33] Why Main Street hates Wall Street [23:08] Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox every Wednesday: https://www.curzioresearch.com/wall-street-unplugged/ Wall Street Unplugged podcast is available at: --: https://itunes.apple.com/us/podcast/wall-street-unplugged-frank/ -- : https://www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 -- : https://www.curzioresearch.com/category/podcast/wall-street-unplugged/ : https://twitter.com/frankcurzio :. https://www.facebook.com/CurzioResearch/ : https://www.linkedin.com/in/frank-curzio-690561a7/ :

Transcript

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0:00.0	Wall Street Unplug looks beyond the regular headlines, heard on mainstream financial media
0:06.9	to bring you unscripted interviews and breaking commentary direct from Wall Street, right
0:11.6	to you on Mainstrum.
0:12.6	How's it going up there, it's December 20th?
0:18.7	I'm Frank Kursh, just a Wall Street Unplug podcast, we're back to the headlines and
0:28.9	tell you what's really moving these markets.
0:33.2	Getting close to the holidays, hopefully all of you have done your shopping because I can
0:37.8	idiot.
0:39.8	with my kids, to buy my wife a couple things from them, and I've never ever seen one of
0:45.9	the malls that we go to in Jacksonville more packed than it was.
0:48.1	We couldn't even get off the highway to get to the mall, which is like a mile and they
0:51.1	have entrances, like certain entrances, like four or five of them, like as you go down
0:54.8	the street, you couldn't even get to any of them.
0:56.4	So crowded it was insane, insane, anyway, going to have some fun this week with the podcast.
1:03.1	This next week we're going to be off, giving my whole team off a servant, worked the rest
1:06.7	of this year in a tough year with the markets and during this week, I want to have a little
1:11.3	bit of fun, a little bit of education, share how I analyze things a little bit.
1:17.0	I always get questions on this because it's not a ton going on right now, other than
1:21.7	a couple of things.
1:22.7	There's a big announcement by Wells Fargo of Massive Fund that I'm going to pay, which
1:25.3	I'll cover in a second, which I couldn't believe it when I read it.
1:29.0	I'm not just the amount, but exactly what they're paying the fines for, holy shit.
	...

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