Verified Investing on $GLW (Oct 27, 2026)
Corning barely moved on its earnings report, and the speaker passes for now because without volatility there is nothing to trade. The only level he eyes is 96, where a future pullback would be a huge opportunity to go long as a swing trade.
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SoFi, Coca-Cola, UPS, Corning, FC, FF, uh, FCM, uh, and Boeing all reporting earnings.
Corning uh which is GLW reported earnings. That stock is basically unchanged here from yesterday's close right in here. Um, you can see it initially rallied, then it fell, then it popped, then it kind of dropped again.
Now it's creeping back up. But essentially, you guys know if you followed me or watched any of these, do I look and get excited about a stock that on reported earnings that isn't really moving?
Not really, right? Because as a trader, I need volatility. Without volatility, there's nothing for me to do. It's as if earnings didn't get reported, right? So, we need that volatility to trigger some sort of move, and we're not getting it on GLW.
If we flip over to the daily chart, you can see that the only level I have that I'm really eyeing is if we at some point in the future come down here to 96. That would be a huge opportunity at a swing trade long.
It's obviously not doing anything. So, we'll pass.