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: Rallying in Pre Market, Bullish
Commentary:
Lot’s of bullish earnings last night. So much so I’ve spent more time reviewing than normal. On days like this when there is plenty of things gapping up you generally have to pick 1 to 3 names out of them and just go with it. If you’re wrong and miss something else then just live with it.
With that in mind my focuses this morning are NVDA, OKTA and DG.
I bought NVDL last night while listening to the earnings call. Report was very bullish but the 2028 Guide of 70% Growth (even with Memory Bottleneck) vs. the markets predicted 45% is a huge jump. I think NVDA can go on a sustained run here. I will look to add on the open if we get a setup.
OKTA strong earnings and acceleration of RPOs. I felt this has the strongest chart and earnings of the Cyber Sec names.
DG strong results and acceleration in Comps and Store Traffic. The stock is neglected and I think can make a sustained move from here.
Other names like CRWD, CRM etc. obviously had good results which is a positive for the market but I felt they were much more incremental and with very little surprise. They may still work but as mentioned above just have to narrow it down as best you can on days like today.
Bullish leaning overall and would love to see the QQQ advance from here after some normal consolidation.
Trade Updates:
Current Positions: TEAM, NIQ, PLTR, ABCL, QMCO, HTFL, RZLV, NVDL
Stocks in Play Watchlist:
Stocks in Play Watchlist (TradingView Link)
Have a Great Week!
Sean Sharpe