The market jumped Thursday morning as entertainment conglomerate Disney popped 6% following its quarterly earnings report and news of a company reorganization — and more in Wednesday’s stock market recap.

The Walt Disney Co. (NYSE: DIS) posted a smaller-than-expected subscriber loss and beat both earnings and revenue estimates. Shortly after reporting, the company announced plans to reorganize into three segments, cut 7,000 jobs and slash costs by $5.5 billion.

Food and beverage company PepsiCo Inc. (Nasdaq: PEP) also reported better-than-expected results, causing shares to rise 2%.

PayPal Holdings Inc. (Nasdaq: PYPL), Lyft Inc. (Nasdaq: LYFT) and Expedia Group Inc. (Nasdaq: EXPE) all report after the market close on Thursday.

In this morning’s stock market recap video, I’ll discuss if earnings data is coming out better or worse than expected… what the Federal Reserve believes will happen with rates in the near term… which sector I’m bullish on and which one I believe will decline… sectors I’m avoiding right now… which index is showing the most vulnerability and why… plus my top ETF and options pick for Thursday!

Don’t forget to like, subscribe and leave your comments and questions on our YouTube videos — we will respond!

P.S. Bargains DO Exist in the Market 

I love a good bargain, don’t you?

And little do people know… hefty bargains do exist in the stock market! You just have to know where to look.

The “pricing mismatch” I just discovered requires traders to disregard the share price and focus on the options…

And thanks to this mismatch, even a tiny 1% move in a stock could lead to gains as high as 31%… 41%… even 46% or more in a matter of days.

I’m holding a special presentation at 1 p.m. ET today, Feb. 9, to show this “pricing mismatch” in action and how to apply it to options trades. So if you love a good bargain…

Watch the Event Here

P.P.S. When it comes to trading, every second counts. And in choppy markets like these, often driven by headlines, stocks can make big moves in a flash.

That’s why I want you to get my latest trading ideas and market updates as fast as possible. So I’m rolling out an all-new option for my students to receive trade alerts with Telegram!

Telegram allows me to get trade ideas, videos and watchlists to you in a matter of seconds.

Check out this short article we put together with instructions on how to download telegram and access my private channel. Go here to get the details. 

Each Thursday, I’ll combine two of my favorite things into a big-money opportunity: options plays and ETFs. Using options, we can turn momentum analysis of a specific sector — or even an entire country’s stock market — into an actionable trade with double- or triple-digit upside potential. I’ll give you all the details you need to execute this plan.

Need help understanding some basics that we discuss frequently? Check out some of our educational pieces to help get yourself up to speed! Have a question or a topic you’d like us to explain in a future article? Send your thoughts to [email protected]!

Check back each morning for the Roger Scott newsletter and the most important news and numbers in the WealthPress stock market recap.