ARRY - Array TechnologiesTop notch stock in the best group in the market right now (solar). Holding up well during the recent pullback in the broad market. It won't be able to buck the trend forever, but if the market as a whole begins to bounce or even just stabilize itself, it could allow this (and the other solar stocks) to really take off. The other two solar stocks on my focus list are SHLS & ENPH which arguably have cleaner setups, but the massive growth numbers draw me back to ARRY.
Earnings
LULU: Fade the rally!Lulumelon Athletica
Short Term - We look to Sell at 329.26 (stop at 346.16)
They reported better than expected earnings and the stock jumped up premarket. The medium term bias remains bearish. We are assessed to be in a corrective mode higher. Bespoke resistance is located at 332.00. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower.
Our profit targets will be 284.68 and 272.00
Resistance: 332.00 / 410.00 / 478.00
Support: 283.00 / 246.00 / 129.00
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UPS Post Earnings PullbackNYSE:UPS Triggered a spike alert this morning which is happening at the 50% Retracement of the Post Earnings Rally. (see below for Daily higher timeframe context)
These are the real "earnings plays" that can yield positive returns rather than trying to buy a guess on the day before. Trying to buy or sell the day before earnings is a guess but very often earnings cycles create these setups weeks after a move has occurred with a much higher probability than a 50/50 bet.
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#Bitcoin #DXY #federalreserve #economicOne of the things that has happened in the past recessions in the market is the rotation of the yield difference charts from the negative range. One of the reasons is the beginning of expansionary policies at this time.
To justify that we are not in an economic recession, the Federal Reserve points to short-term maturity spreads that are not in the negative range, in addition to the labor market.
The expected outlook is the beginning of recession from the end of this year, where the short-term reduction of GDP and the economic growth reaching below its average will increase the unemployment rate in the coming years.
Ridiculous Results in Strategy Tester! Can this be right?So here's another strategy I been playing around with and somehow came to this for BTC|USD
Am I just fooling myself or could these results actually be legit? (As legit as backtesting can be.)
The indicator is the "3C QFL v3" indicator. All set options etc you can go through if you're interested.
I've set an alert with {{strategy.order.alert_message}} in the hopes to figure out how to automate this thing using PaperTrade. This way I hope to get a better understanding of the indicator over time as real-time trades happen.
If anyone has any comments or advice or confirmations etc please let me know in the comments.
From what I can see, this is almost good to be true, or am I wrong?
JP Morgan (JPM) Post Earnings PullbackFor certain stocks I have Spike alerts setup on multiple timeframes to find opportunity. Today a Spike Alert triggered on the 2 Hour Swing Timeframe for NYSE:JPM . Where this spike in the opening morning price is occurring is at the 50% Pullback to the post Earnings rally. I was able to put on a position at the 50% proper this afternoon. This sets up a very low risk entry to play a move back to retest to highs of the post-earnings rally and beyond.
$TWOU - Looking For A DoubleLooking for this to retest $14 in the next couple months.
Layoffs (20%) and new corporate focus should help this for Q3 & Q4 reporting - should see better EPS.
GLTA
- C
$NVDA earnings could be a market catalystBears are looking for downside fuel to prove that these last few weeks were a bear mkt rally. And if NVDA misses it is safe to say they will punish those that chased it up. For now it is approaching a long term down trend high but is supported by the anchored vwap from the June swing low. No position but watching closely to see if it sets the tone.
DUOL - Duolingo, Inc (IDEA)Solid setup emerging as this stock has based all year long and has major signs of accumulation since its earnings report in mid-May as it forms the right side of a base. Volatility remains contracted near the breakout level, which is a big plus.
Potential entry trigger - break over last weeks highs.
IMGN - ImmunoGen, Inc.Setup - simple base breakout after a solid 70% move off the lows followed by 5 weeks of consolidation. Earnings during consolidation were below expectation. However, after a slight selloff, shares were gobbled back up and volatility was squeezed out right below the breakout level. Half size because the broad market is running a bit hot and could be due for a pullback relatively soon.
BTCUSDTPERPThis is not sure for 80 % and do your search before you enter in this position and you can do with your money whatever you want to do dont forget to follow me. Go with 0X leverage and the stop loss is less than 2% so if this trade loss we will nit less so much but if this trade going right we will take so much
earnings on deck for $RIVN beaten down growthFundamentally we all know that RIVN was overvalued from day one and was in many ways a poster child for the growth at all costs movement of 2020/21. However, after shedding 80% of its value perhaps it is finding some interest. Like most growth names it has picked up in recent weeks but still faces overhead supply on any large bull run.
All that said I have seen a fair number of their trucks on the roads of Colorado this summer and sales will eventually broaden. As long as they can keep up on both manufacturing and company management this may in the long run prove to be a good buy. I will be waiting for earnings before making a move myself.
Is $META a VALUE TRAP stock??I've been keeping an eye on this stock during the last year. In the beginning, I couldn't understand the punishment by the market that this stock was receiving.
The stock lost around 60% of its price from its all-time highs in September 2021.
A company trading at 8X EV/EBTIDA and in a range from 13X-15X P/E in 2022 may seem like a value investing opportunity.
They haven't lost users on their platforms. However, businesses reduced their ADVERTISEMENT BUDGET.
Surprisingly, with changes in iOS 14.5 (Mid 2021), issues for advertisers who rely on META to sustain their businesses appeared.
The Q2 2022 Earnings proved the deceleration of META's growth. The stock crashed, while the rest of the techs were rising from 5-10%.
Don't take me wrong, META is a fantastic business. No debt, high margins, growth, buybacks, it has everything that the books taught us.
The USA Economy is in a recession, companies are going to cut costs in order to remain profitable (those who can). This means layoffs, caution in undertaking new investment projects, cutting advertisement budgets... and here is where META is going to be hurt.
META has pricing power and MOAT, the problem is that the demand for ads will decrease due to the recession (as we saw in the last earnings release).
META still has a lot to do in order to make Reality Labs a meaningful and robust stream of income in their business model.
For the short-term, I remain short for $META. But this doesn't mean that when things recover over the long-term, and the Reality Labs investment starts to flourish, we can see even higher margins in the company and more growth. This is the only way I see $META making new all-time highs.
From a technical point of view, if the price breaks the $155 support level, we can see it between $120-$140.
If it remains in this lateral channel, we can see it going up to $170-$180, even $195 if there is some kind of momentum.
Overall, I would prefer to stay out of it till it goes out from this bearish channel. I see the stock trading at $120-$140 till the end of the year.
I have some stocks for the moment that I'm planning to sell at breakeven ($180).
If I don't have the opportunity to sell now, I will HOLD them for the long run, probably add if I see it at $120.
Caterpillar - Great Stock for 2022 - Bull RunHey all,
CAT Caterpillar, Inc, why does it look like a good stock to buy right now?
NYSE:CAT
Earnings - Highest ever reported revenue / Second highest ever margin percentage and value
Price - Currently 185.81 / 12 month low = 167.08 / 12 month high = 237.90 / Great prospect to rise to near the 12 month high due to record breaking earnings and margin.
Dividend - 2.44% paid annually
A great prospect for holding for 6 months / Warning: keep an eye on the economy regarding the recession and possible job losses, this could drive the stock down rapidly.
Let me know your thoughts.
Many Thanks
Matt
NYSE:CAT