Adobe (ADBE) Strength, Kroger (KR) Weakness After Earnings & How To Trade

Adobe's (ADBE) earnings were released yesterday, June 15th, postmarket. Its adjusted EPS came in at $.391 versus an estimated $3.78 and its revenue came in at $4.82B versus an estimated $4.76B. Sam Burns joins Oliver Renick to discuss this as ADBE's 2Q digital experience revenue came in at $1.22B, which is up 12%. Tom White then joins to demonstrate an example trade using ADBE. The trade type is a call calendar and the direction is neutral to bullish. Sam also talks about Kroger's (KR) earnings which were also released yesterday. Its adjusted EPS came in at $1.51 versus an estimated $1.43 and its revenue came in at $45.16B versus an estimated $45.42B. Tom also demonstrates an example trade using KR. The trade type is a covered call and the direction is neutral to bullish. Tune in to find out more about the stock market today.