Big Names Reporting Thursday/Friday Thursday brings in another big day of earnings, with a slew of companies reporting after the bell including: Apple (AAPL) Coinbase (COIN) Draftkings (DKNG) Fortinet (FTNT) Cloudflare (NET) Block (SQ) Expedia (EXPE) and more! Hershey’s (HSY) also reports before the bell on Friday. Earnings Strategy Many of these big names have … Read more
Earnings Week Welcome to another critical earnings week. That will likely provide a lot of opportunity in the market between earnings trades and movement in the indexes. This week, we will see reports from: Amazon (AMZN) Super Micro Computer Inc (SMCI) Advanced Micro Devices (AMD) Etsy (ETSY) Qualcomm Inc (QCOM) Coinbase (COIN) Cloudflare (NET) Apple … Read more
Tesla Earnings Tesla reported earnings on Tuesday, April 23rd, after making a new low after a new low on the year. This created a situation where everyone (me included) has been bearish on the stock. Last week, I posted a YouTube video about how I shorted Tesla using a bearish butterfly for the move heading … Read more
Volatility is back, and it will only continue to pick up due to the number of earnings reports on the calendar. The indexes are bouncing well today, and the VIX has come back below 17, but that doesn’t mean big movement is done. This is especially true today and tomorrow because we have a critical … Read more
Market Volatility Market volatility has picked up, meaning there are more downside opportunities than before. When the market starts pulling back, I always try to quantify if it’s a normal “buy the dip” opportunity or if it’s a little bit deeper of a move that means it’s time to short some stocks. Identifying Bearish Alignment … Read more
With earnings season just beginning, we are entering the most risky time frame for the stock market. Netflix earnings week is already kicking off with a bang. The Nasdaq sold off yesterday, ending the day down -1.67%, with critical stocks like Tesla down -5.59%, Microsoft down -1.97%, and Meta down -2.28%. This occurred after escalating … Read more
Hey traders! In this week’s trade review video, I discuss the conservative signals I had that caused me to take a cautious profit on Amazon. Sometimes I’ll take conservative profits, especially in a case like before CPI data when a news-related event is upcoming. Now, of course, if you take conservative profits, you cannot capitalize … Read more
Identifying Stocks on the Move This week marks the kick-off to Q1 earnings season, as the banks will begin to report on Friday. This means that we are in the prime time for pre-earnings movers when stocks will move either up or down as investors make moves before earnings. To look for patterns and tickers, … Read more
Hey traders! We got a quick pullback this week, but the market is already back on fire to the upside. I think the Nasdaq futures are headed into 19,000 as tech rallies going into earnings season. We are in prime time for the run going into earnings, and after the pullback to the 50 SMA … Read more
Hey traders, Want to learn more about my Top Five Picks right now? In this video, I discuss squeezes setting up in the Nasdaq (QQQ), Super Micro Computer (SMCI), Arm Holdings (ARM), Crowdstrike (CRWD), and Eli Lilly & Co (LLY). Check out the video below! Happy Monday!