5-6 Pod - Earnings this week - $PLTR $DIS $SHOP $UBER $GCT and $QQQ support/resistance levels
I'm back from vacation with a solid look at earnings expectations that may provide some trading opportunities
I think the podcast is worth a listen. I was on vacation last week so I don’t summarize things in the past, but more look forward to this weeks big earnings.
DIS - solid long term hold, but they threw the kitchen sink at the last earnings.
PLTR - I like this and the 4 hour algorithm in Trendspider is outperforming and had you in at $22
SHOP - This is an $80 stock and the gap above should be filled, but the weekly chart shows the 200 day is providing resistance
UBER - this too is an $80 stock and I think they were unfairly taken down from the TSLA news of a robotaxi announcement in August. The robotaxi is far from being realized. LYFT should provide a very good outlook to UBER earnings.
RBLX - buy under $40 and sell after losing confirmation over $40
GCT - an Alpha Pick that’s been a solid performer and I’m looking forward to an earnings pop. This is a long term buy and hold as all Alpha Picks are.
The weekly chart of QQQ still doesn’t show a clear sign of new all time highs, but I expect the market to continue to look towards rate cuts and any pullbacks are opportunities.
Sales
Trendspider - the best chart program continues to get better with the new ability to email yourself scan results. Watch me live on YouTube in the morning (or the replay) to see how I scan stocks using my watch lists and scanners that I provide to you when you sign up and then email me. Use my link here to get the best offer and get 6 MONTHS FREE when you sign up for 1 year.
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Spotify, Apple and YouTube Links
Spotify
Apple
YouTube
Pod Notes
Monday
Trendspider sale gives you 6 months FREE.
Futures face off contest with Trendspider
Biggest movers
1 year vs. YTD - Banks are winning
I thought Buffett’s sale would take down AAPL but it’s holding up better than expected
$NVDA and $SMCI up pre market - the NVDA earnings will be a focus for the market.
Not political here - but it’s a “any reaction is an over reaction” - BUY it to rebound
I love this list
If you’re a Seeking Alpha Premium subscriber, you should be following this analyst so you can have a great look at the week ahead.
Earnings this week
Today - PLTR - I like it
Tuesday before - DIS
Tuesday After - OXY ANET TWLO RIVN TOST LYFT SONO
Wednesday before - SHOP and UBER
Thursday - RBLX and GCT
Plus MARA FROG and SOUN
Elon is clearly trying for headlines posting about Buffett should buy TSLA stock. FYI - they would never - it does not fit their investment thesis and Elon is not the type of CEO that Buffett would work with.
Social requests
New Trendspider feature for my Core Portfolio and Watch list - you can have it email you every morning the scans that show up as bullish
SCANS - all of these stocks have bullish entries on the 4 hour algorithm today.
$CLF
$PANW
WMT
META
SMCI
MS
DELL
GCT
RIG
SLB
FBL - 2X META - I like this one with a gap above
BRK.B - of course after the annual meeting it would be up
NICE
TEAM
TEX
DXCM
LUNR
MGM
ABBV
BBY
NOW
STWD
SE
INTC
IBM
ASML
CMCSA
ROST
WBD
ODFL
SCHW
Bitcoin and Crypto
BTF
IBIT
HODL
ARKB
BRRR
BITX
BTOP
BTCW
MSTR
EZBC
FBTC
AETH
GBTC
BITB
Covered Call ETF
DIVO
QYLE
JEPI
Low Cost ETF
VTV
VYM