How MKM's Strugger Is Playing Wayfair Ahead of Earnings

The video discusses the impact of social media stocks like Facebook and Twitter on the market, highlighting the concept of idiosyncratic risk. It then analyzes the S&P 500 earnings beat rate, questioning whether companies are managing better or analysts are underperforming. Finally, it presents a trading strategy for Wayfair stock, involving options to hedge against potential market movements.

What factors are mentioned that could affect the stocks of Facebook and Twitter?

How does the speaker interpret the current state of dispersion in the market?

What does the speaker suggest about the performance of analysts in relation to the earnings beat rate?

What is the significance of the 92% beat rate mentioned in the text?

What trading strategy is suggested for Wayfair in the context of its upcoming earnings report?