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: Bullish/Choppy
Commentary:
Relatively quiet finish to the week. Strong Bullish day yesterday. Potential character change here but no need for us all to lose our minds and throw risk away. Looking at a weekly time frame if we close the week like this then it’s a really nice setup for higher.
Negative pre market price action on Jobs report. Crypto getting a hit. Let’s see how we close.
I’ve got some nice exposure. Especially with DELL and NVDA if we advance higher. I have mentioned that I think these stocks are real bellwethers for risk behavior. If they fail to advance then caution should be increased.
I don’t see anything new that I’m overly impressed with this morning. IOT probably the best candidate with a strong earnings report. The stock is traditionally very choppy though. Will be watching it for a push above $45 to get going. Maybe it can finally change character. NYSE stock so beware a wide spread and weird price action around the open if trading it.
Monitoring some delayed reactions. Notably CRWD above $215.
Trade Updates:
Current Positions: TEAM, NIQ, ABCL, HTFL, OKTA, DELL, NVDL, BITX, PURR
Closed: CRK
Stocks in Play Watchlist:
Stocks in Play Watchlist (TradingView Link)
Safe Trading!
Sean Sharpe