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
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 … Read more
Historical Gains in Semiconductor Companies in 2023 Last week, I wrote about the many companies appearing right now on my Run into Earnings scans as high probability, pre-earnings longs. Broadcom (AVGO) and Nvidia (NVDA) are two of those companies. These two companies have been some of the most talked about stocks this year due to … Read more
We are in the midst of mega-cap tech earnings, and it may seem like we are close to wrapping up earnings season, but we still have at least another month to go! While there are many earnings trading opportunities overnight, there are also opportunities for the Run into Earnings right now. What is the Run … Read more
Preparing My Earnings Watchlist So much of successful trading is about preparation. Preparation comes in the form of education, practice, watchlists, research, and more. Preparation is all the behind-the-scenes work you do before you ever hit ‘confirm and send.’ Regarding earnings season, one of the most essential preparation tasks I do is creating an earnings … Read more
Well, it finally happened – the infamous Bear Market rally decided to grace us with its presence. It usually occurs when sentiment gets so bleak, the put/call ratio gets so high, and it seems nothing can save that market that it will quickly shift higher, catching bears in its trap. In the stock market, especially … Read more
After an incredibly strong, bull run — the longest in history, that lasted 11 years, the S&P and Dow hit bear market territory. This fall from the sky was the quickest the market has ever gone from an all-time high to bear market territory. It has investors and traders everywhere asking, “What happened?!” I discussed … Read more
Hey Five Star! I’m coming to you from New York City. Last night, I was on “Fast Money”, on the Options Action segment talking about what could potentially happen on Costco earnings today after the close. This is pretty time-sensitive, so here’s my full analysis with video… The unique part about Costco is that it’s … Read more
Last Wednesday, Fed Chairman Powell noted that the Federal Reserve is going to work to expand their balance sheet, in an effort to quell the repo market and keep interest rates under their control. While the stock market initially reacted positively on this news, it was short lived, and it sold off into the … Read more
The stock market traded higher after positive reports of the US and China coming to the table in ongoing trade talks. Now what? Click the link above for my take. The sensitivity of the stock market to the trade war with China has been on the extreme end of the spectrum, with the slightest flicker … Read more