Today in Focus: Ready and Waiting

Trading Services I Use in my Trading:

StockAnalysis.com - I’ve been using Stock Analysis as an affordable but reliable method of looking at New and Upcoming IPOs, Earnings Calendars and most notably KPIs (Key Performance Indicators). Stock Analysis allows you to view the KPIs for many companies with up to date metrics and segments that you can cross reference against Earnings Results. This is incredibly important when understanding what metrics move a stock. At $65 per year it’s a no brainer. They’ve given me a discount code if you use IRISHBORNINVESTOR they will give you another 10% Off.

Market Condition: Bullish Indicators Flashing for Medium term.

Commentary: Bullish indicators are flashing green for me in the medium term. The short term is showing rest is needed after such a bounce. For me this means I’ll take any strong catalyst trade at regular size but I’m still not seeing those opportunities yet. I am confident we are going to see some fantastic catalysts in earnings season kicking off next week and that is my focus.

Today however I don’t see anything but am watching some delayed reaction setups and will do a lot of chart work this weekend to prepare for the coming earnings season and try to find the charts that I think have big potential along with themes.

Have a great weekend!

Current Positions: FSLY, DELL, SWBI, TH

Delayed Reaction Watchlist (TradingView Link)

ARM/NVDA - Semiconductors look bullish

_{Note: This is my methodology for identifying stocks in play. There are many valid approaches to trading catalysts—find the setups, timeframes, and risk parameters that align with your strategy.}