Your Q3 Earnings Cheat Sheet is here

July 14, 2023

We're excited to unveil LikeFolio's Q3 Earnings Cheat Sheet, your key to unlock the mysteries of the current consumer trends that are shaping the market.

This quarter, our data paints a tale of two economies, each with its own unique story.

Green Trends -- sectors that are thriving, largely buoyed by the affluent consumers:

  1. Electric Vehicles (EV): As sustainability becomes a status symbol, the EV market is booming, driven by the eco-conscious affluent class.
  2. Artificial Intelligence (AI): The wealthy are investing in AI, a technology that promises to revolutionize every aspect of our lives.
  3. Decentralized Finance (DeFi): The rich are betting big on DeFi, seeking to maximize their wealth in this new frontier of finance.
  4. Luxury Goods & Fashion: High-end brands continue to flourish, as the affluent consumers are not shying away from indulging in luxury.
  5. Streaming: While not all platforms are succeeding (hint hint), those catering to the discerning tastes of the affluent are seeing positive trends.

 

Red Trends -- sectors that are struggling, often catering to a less affluent demographic:

  1. Sports Betting: Economic uncertainties have led to a decline in discretionary spending like sports betting.
  2. At-Home Fitness: With gyms reopening, the demand for at-home fitness solutions is dwindling.
  3. Home Renovations: Financial constraints are causing a slowdown in home renovation projects.
  4. Used Cars: The used car market is seeing a slump, as economic hardships deter potential buyers.
  5. Department Stores: Traditional department stores continue to struggle, as they fail to attract the price-sensitive consumers.

But the insights don't stop here!

We're thrilled to kick off another season of our famous Earnings Season Pass product.

With this, you'll receive weekly issues (10 in total) starting this Sunday, each packed with several bold calls on major companies... complete with actionable trade recommendations that strictly limit risk (under $500/trade) and maximize profit potential (up to 400% per trade) in five days or less.

Our first issue will go out Sunday Evening at 7pm ET with a spotlight Netflix (NFLX), and you won't want to miss it! 

Want deeper insights? Get Free Access to The Vault.

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LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.
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