My Weekly Watchlist

The Week Ahead

This week, we have a slew of incoming news, between economic reports, retail earnings, Nvidia earnings, and Jackson Hole.

The 10-year treasury yield also breached above resistance and topped highs made last October. This generally hurts not just tech stocks but also housing stocks and causes upward pressure on mortgage rates. And I don’t think the move is done just yet, either. I can see the 10-year hitting 4.5-5%, sending mortgage rates well above 8%. We will have to see what the Federal Reserve says on Friday, but I’m not anticipating any Nasdaq-saving commentary.

So, what does this mean? Be on the lookout for some news-related volatility!

Big Movers Watchlist

After selling off last week, the Nasdaq started to rip on Monday after the put/call ratio got far too extended to the short side. As such, high-volatility names are ripping to the upside, providing short-term trading opportunities. But whether or not that move continues remains to be seen, as most mega-cap tickers, including the indexes, have quite a bit of overhead resistance. The market will need a more significant catalyst than a simple short-covering rally to break through those overhead ceilings.

But, for now, this rip can be traded — until the momentum dies.

Yesterday, I stopped by TraderTV LIVE to discuss some of the biggest movers already this week, including:

  • Adobe (ADBE)
  • Nvidia (NVDA)
  • Tesla (TSLA)
  • Peloton (PTON)
  • Microsoft (MSFT)
  • and more!

Learn more in the video segment below:

Retail + NVDA Earnings

On top of regular directional setups, we also have a slew of earnings reports this week, providing a very full list of earnings opportunities as well.

Some of the top-watched companies include:

  • Zoom Video Communications (ZM)
  • Baidu Inc (BIDU)
  • Lowe’s Companies (LOW)
  • Dick’s Sporting Goods (DKS)
  • Toll Brothers (TOL)
  • NVidia (NVDA)
  • Dollar Tree Inc (DLTR)
  • Marvell Technology (MRVL)
  • Affirm (AFRM)
  • Ulta Beauty Inc (ULTA)
  • Intuit Inc (INTU)
  • Workday (WDAY)

Check out my complete earnings watchlist below:

Which tickers are you most interested in trading? Let me know on Twitter! I may even make a video for the most requested ticker.

Up Next...

SPX 0 DTE: Part II

Hey traders! I posted a video on a neutral SPX 0 DTE strategy on Monday, and I had many questions, so I decided to do a follow-up video with a second example. In this video, I cover several questions, including the width of my iron condors, the length of time, the risk-to-reward, and more. Check … Read more

Read More

Trade Review: Using a Neutral 0 DTE SPX Strategy

  In today’s Trade Review episode, I cover a quick SPX 0 DTE trade from last Friday at market close. In this video review, I cover: Why I decided to make a bet that the market would trade sideways into the close How I analyzed the options chain and technical chart patterns Why I decided … Read more

Read More

Butterflies + Put Credit Spreads Combined

A Bullish Earnings Call Last week, in the trading room, one of our members requested that I analyze the ticker AAP. This ticker belongs to Applovin, a company I’ve never traded before. This find is a prime example of the collaborative aspect of the trading room, and it’s why I appreciate our dedicated traders so … Read more

Read More

Subscribe Today!

Want my up-to-date analysis, setups, top trading tips, and more? Be a Five Star trader, and join my free newsletter today!

Sign Up Now
all-as-seen-on-logos