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Why Nike’s earnings are critical for growth investors

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Synopsis

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