Traders,

Ford released stellar second-quarter earnings last night, beating on both the top and bottom line. Here are the key metrics.

• Earnings Per Share: 68 cents versus 12 cents in the year-ago quarter. Analysts expected 45 cents.
• Revenue: $37.91 billion versus $24.13 billion in the second quarter of 2021. Analysts expected 434.32 billion.

The company also announced a 50% boost to its quarterly dividend from 10 cents to 15 cents. This returns the payout to where it stood before the pandemic.

Ford stock rallied over 6% in after-hours trading last night and likely would have been up more had it not already jumped over 5% during Wednesday’s session. Most importantly, the beaten-down automaker now boasts a daily uptrend after being stuck in a downward spiral for the past six months.

With earnings on track and the trend pointing in the right direction, bullish trades now have the wind at their back.

Video Of The Day: How to Load a Custom Coded Indicator Into Thinkorswim (TOS)

✅How to load a Custom Coded Indicator into Thinkorswim

1️⃣Copy the link
2️⃣Open Think or Swim
3️⃣Set Up
4️⃣Open shared item
5️⃣Paste – Preview – Open
6️⃣Rename it
7️⃣Head to your chart – Click the beaker
8️⃣Find your Custom Indicator
9️⃣Apply it

(If you would like to try the code used by Coach Tim in the video, click here: http://ow.ly/HYoI50uLRih)

Chart of the Day: Ford ($F)

Ford shares topped $14 in after hours trading.

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