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: Cautious/Defensive
Commentary:
The four signals that we watch Yields, Oil, Dollar & VIX continue to not inspire us with confidence for equities.
The Indices are reflecting this. IWM breaking down and the rest not looking so hot. The market is below almost every short term indicator I use and we have not had strong signals from VIX or oversold on other metrics. Just a chop fest.
We had some Tech earnings last night. Mixed reactions. My focus is on DELL today as a play if the market can bounce. I’ve been waiting for this earnings to hit while people got chopped in the name. I took some last night and am willing to add today if the overall market can give it wind at it’s back.
Other name moving is GTLB. Solid results but looks an overreaction to me.
In Play
DELL: Blow Out Earnings & Guidance
Key Metrics DELL:
Industry Group: Computer Hardware, Market Cap: 300.48B, Float: 301.02, Short Interest: 4.66%, Days to Cover: 1.92, Earnings: 9/1/2026 4:30:00 PM, Exchange: NYQ
Catalyst:
Record Q2 across revenue, EPS and AI backlog, with the FY raise ($192.0B / $25.50) clearing Street by double digits on both lines and demand breadth extending past AI servers into traditional servers, storage and commercial clients.
Very strong results overall. Negatives - Market is not conducive to a move however it must be said that a similar environment was there when it moved in February. Solid chart overall but it does need a big move today. Might work better as a delayed reaction we’ll see. I am willing to take this today but I’m not confident we get follow through due to the state of the market. Realistically we want to see it over $480 today.
Q2 Results
🔹 Revenue: $46.971B (Est. $45.05B; range $44.89–$45.34B; +4.3%) 🟢; +58% YoY
🔹 Non-GAAP diluted EPS: $7.04 (Est. $4.93; +42.7%) 🟢;+203%YoY
🔹 GAAP diluted EPS: $6.34; +273% YoY
🔹 Non-GAAP gross margin: 21.1% (GAAP 20.9%); +240 bps YoY nGAAP
🔹 Non-GAAP operating margin: 12.6% (GAAP 11.5%); +490 bps YoY nGAAP
🔹 Non-GAAP operating income: $5.929B; +160% YoY
🔹 Cash from operations: $2.225B; −13% YoY
🔹 Free cash flow: $986M; adjusted FCF $8.149B; +224% YoY
🔹 AI-optimized servers: $16.401B (StreetAccount $16.07B; +2.1%) 🟢; +100% YoY
🔹 AI server orders / backlog: $60.9B / $95.0B
🔹 Storage: $4.850B (Zacks $4.26B; +13.8%) 🟢 ⚡ ACCEL — YoY +8% → +26%
FY Guidance
🔹 Revenue: $192.0B (Est. LSEG $172.67B / FactSet $174.05B; +10.8% vs ~$173.4B mid) 🟢; raised from $167.0B
🔹 Non-GAAP diluted EPS: $25.50 (Est. LSEG $18.92 / FactSet $18.99; +34.5%) 🟢; raised from $17.90
🔹 GAAP diluted EPS: $24.37; raised from $17.31
🔹 AI-optimized servers: $74.0B; raised from $60.0B
Next-Quarter Guidance
🔹 Q3 revenue: $49.0B (LSEG $41.42B; +18.3%) 🟢; +81% YoY
🔹 Q3 non-GAAP diluted EPS: $6.50 (LSEG $4.49 / FactSet $4.46; +44.8%) 🟢
🔹 Q3 GAAP diluted EPS: $6.10
Trade Updates:
Current Positions: TEAM, NIQ, PLTR, ABCL, HTFL, OKTA, CRK, DELL
Stocks in Play Watchlist:
Stocks in Play Watchlist (TradingView Link)
Safe Trading!
Sean Sharpe