Good morning, traders…

We’re in the thick of it now.

Earnings Season is entering its most crucial window…

Not the forecasts. Not the Reddit speculation. The real numbers. 

Some of the biggest names in the market just showed their hands. 

The five largest banks just pulled in a record-breaking figure from trading. A chipmaker posted a 60% profit surge. A top airline raised full-year guidance after beating expectations on revenue, profit, and margin. Healthcare firms are lowering tariff cost estimates. Consumer names are growing sales without cutting prices. Industrials are guiding higher.

These are not one-off prints. This is peak performance across a wide variety of sectors … finance, tech, aerospace, staples, travel. 

That’s why this window is different. These numbers are fresh. The reactions are still unfolding. We can see where the Smart Money is flowing. 

Most of the charts haven’t even broken out yet. But they will … very soon. 

It’s perfect timing for our new trading challenge: the $5k Summer Blitz.

Our goal? To make a 400% return on a small account. 

$1000 → $5,000 by October 14.

We already 3x’d a small account TWICE using my Earnings Edge system…*

And if we DON’T turn $1,000 into $5,000 by October 14th…

We’re giving everyone who joins our “$5K Blitz Challenge” an exclusive $5,000 value gift…

Completely FREE of charge.

5x or bust.

That’s how confident we are.

Join Danny Phee TONIGHT, July 18 at 7:00 p.m EST to see exactly how we’ll conquer the challenge. 

But if you’re not aware of how these companies are reporting … you’re missing out on huge setups, major themes, and crucial context. 

Let Me Show You The Most Important Earnings Reports So Far (And The Setups That Follow)…

Summer Earnings: What We’ve Learned So Far

Here are the most crucial reports so far this Earnings Season:

JPMorgan Chase & Co. (NYSE: JPM) reported a net profit of $14.2 billion for the quarter. The bank also cut its loan-loss reserves, signaling confidence in consumer credit quality.

The Goldman Sachs Group, Inc. (NYSE: GS) posted $4.3 billion in trading revenue and a net profit of approximately $3.7 billion.

Combined, the five largest U.S. banks — JPMorgan Chase, Goldman Sachs, Morgan Stanley, Citigroup, and Bank of America — generated $34 billion in trading revenue, a 17% increase from the prior year.

Johnson & Johnson (NYSE: JNJ) reduced its projected tariff impact for 2025 from $400 million to $200 million. The company raised its full-year guidance, and the stock gained approximately 7% following the report.

PepsiCo, Inc. (NASDAQ: PEP) reported $22.73 billion in revenue for the quarter, a 1% year-over-year increase, exceeding expectations. Adjusted earnings per share came in at $2.12, beating estimates of $2.03. Net income was $1.3 billion, a 59% decrease year over year due to impairment charges.

GE Aerospace (NYSE: GE) reported second-quarter revenue of $11.02 billion, up 21% from a year ago. Adjusted earnings per share were $1.66, compared to expectations of around $1.43. Net income came in at $2.03 billion, an increase of 60% year over year. Revenue from commercial engines totaled $7.99 billion, up 30%. GE Aerospace also raised its full-year 2025 EPS guidance to a range of $5.60 to $5.80.

Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) reported net profit of NT$398.3 billion, equivalent to approximately $13.53 billion USD, a 60.7% year-over-year increase. Second-quarter revenue was NT$933.8 billion, or approximately $31.9 billion USD, up 38.6% from the previous year.

United Airlines Holdings, Inc. (NASDAQ: UAL) reported $15.2 billion in revenue for the quarter, a 1.7% increase year over year. Adjusted earnings per share were $3.87, beating estimates of $3.81. Net income was $973 million, compared to $1.3 billion a year earlier. Pre-tax earnings totaled $1.2 billion, with a margin of 8.2%. The company raised its 2025 EPS guidance to $9 to $11, up from its previous forecast of $7 to $9.

The trend is clear: earnings are beating estimates, tariff impact is less than feared, and the consumer is strong. 

EVs and Crypto Go Parabolic

Lucid Inc. (NASDAQ: LCID) jumped more than 40% on news of a partnership with Uber Technologies Inc. (NYSE: UBER) to develop autonomous ride-sharing technology. 

Upexi Inc. (NASDAQ: UPXI) followed a similar path. We mentioned yesterday in yesterday’s webinars. It gapped up again yesterday.

Now to one of the major themes I’m tracking right now: crypto. 

The iShares Ethereum Trust ETF (NASDAQ: ETHA) is blasting off, up 35% in two weeks. I’ve been calling this name out for over a month now, holding December $21.50 Calls. 

These three names have serious momentum. If you’re still riding them, manage your risk and consider scaling out into strength.

2 Thematic Setups

Apple Inc. (NASDAQ: AAPL) is forming a clean wedge. It broke out, and now it’s flagging above that level. 

Ethan spotted the same setup using the exact same lines. That’s always a good sign. If it clears $215, it’s likely heading to $220.

LAC’s breaking out of a long downtrend. It gapped up in premarket yesterday, holding above the 200-day moving average. Multiple large orders hit my scanners with expirations in August, November, and January. 

This name has high short interest. But the Smart Money is betting on the opposite side. 

That’s a juicy combination if it plays out. I’m targeting that $350+ level.

7 More Ideas to Watch

Amerant Bancorp Inc. (NASDAQ: AMTB) has a continuous flow of Smart Money into January $9 calls. 

Tesla Inc. (NASDAQ: TSLA) is creeping higher again. Advanced Micro Devices Inc. (NASDAQ: AMD) has been rolling since yesterday’s close. Intel Corporation (NASDAQ: INTC) also saw significant flow. 

Opendoor Technologies Inc. (NASDAQ: OPEN) is in a short squeeze, seemingly without a clear catalyst. But it’s worth watching as it’s likely being fueled by WallStreetBets chatter. We know how crazy those trades can get in the right environment. 

UBER’s still sliding off its recent highs and needs time to establish a new base. PepsiCo Inc. (NASDAQ: PEP) gapped up significantly on earnings and filled a major price gap.

We’re seeing raised guidance, margin strength, and breakout levels forming all over the place. 

Not in one pocket of the market. Across the board. 

That tells us Smart Money is rotating. Real momentum is building off these prints.

And this Earnings Season is just getting started. 

Happy trading,

Ben Sturgill

*Past performance does not indicate future results