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.

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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)

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Chart of the Day: Ford ($F)

Ford shares topped $14 in after hours trading.

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Today’s line up

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