Trading Services I Use:

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 STOCKSINPLAY they will give you another 10% Off.

Situational Awareness:

Market Condition: More Chop in Tech

Commentary:

Tech continues to chop around and churn everyone out. Memory names seem to be ready to truly fall off a cliff. SPY and DIA are holding up much better but tech remains in a difficult moment.

Less is more. Today’s pick is a trucking company. Remains to be seen whether it will be liquid enough to trade. I will continue to watch AEHR for the next few days for a delayed reaction move. Otherwise I will be spending most of my time updating my records and deep dive review.

Patience again.

In Play:

JBHT: Strong Earnings Beat & Management Commentary
Key Metrics JBHT:

Industry Group: Integrated Freight & Logistics, Market Cap: 27.64B, Float: 73.68, Short Interest: 4.19%, Days to Cover: 3.10,

Catalyst:

Broad beat on earnings, Strong Op leverage. Op Income + 58% on +22% Revs. Sustainable deleveraging and volume gains. Management commentary on levering pricing in next Q. Beat on Revs, EPS and Op Margins. Trucking Company. Nice chart. Potentially wide spread*. Low volume pre market. Slower Mover.

Upcoming Earnings:

After Hours: NFLX

Trade Updates:

Current Positions: PENG, ABVX, DFTX, BB, WRAP, ELVA

Stocks in Play Watchlist:

AEHR - Delayed Reaction

Have a Great Week!

Sean Sharpe