 see what the market looks like today a lot of mixed move things are all over the place some stuff up a lot some stuff like down a lot Moderna was up and down today all over the place Netflix up and down under armor ccl crazy move today check out the earnings so MU reported it started to blast up what's up man what's going on Harris Jimbo heavies how you doing mass appeal this is one of the first times MU is moving up so MU's earnings per share is $2.16 beat estimate of 211 sales is 7.69 billion as opposed to 7.67 bill this is 176.9% increase compared to the same period last year and 33% increase in sales compared to last year's so margins was really really good sales didn't even increase that much that's crazy hang in there man hang in there it's certainly a beautiful rocket because the first time I buy costs of $5 well what cost did you buy for $5.95 so when we talked a little bit about this last week how a lot of the semiconductor companies they all have been really really great earnings despite this whole chip shortage they all have been like out of the world earnings and they all have been like some of the best quarters ever and they were just making really really good margin so obviously the same thing is happening here with with MU they're you know they're getting all these great things check out that guidance that just came out so MU sees Q2 2022 revenue 7.5 billion dollars give or take 2 million as opposed to 7.28 earnings per share is $1.95 give or take 10 cents as opposed to $1.86 so those are pretty good numbers though that was top and top and bottom beat um and top and bottom guidance on the upside we'll see um closely was market and closing balances 2.7 billion to the buy side so you might get a dead cat bounce tomorrow um and myself off a little bit throughout the week as well what's up good afternoon let's see if we can get to $90 on MU man I would love to see us get back to $90 that would be nice you can do it MU you can do it come back to 90 so the the thing we're using to get information for earnings is from Bazinga pro you can um you can sign up for a free trial using their using their system and you can get like two weeks of free trial as well to to see this too we got to set up the tabs if you need help just show me a show me a message on discord and I'll help you out here's a link you can get it my $90 lotto call would like that too I know same here we um we lotto some some MU for earnings as well and and hopefully we we need that big move for it to play out so it was expecting for MU to move to $90 uh if we open at around we opened around 88 we'll probably be up somewhere around this range if we open up around 90 um and we stay around 90 we could potentially you know um see a very strong move very strong move but we got to hold this position till like Thursday so MU needs to hold that $90 area till Thursday for us to make like three four hundred percent but MU is tricky though man they're like one of the hardest stocks to hold earnings gains let me show you what I mean by that so like the last time MU had a good earnings it had a nice pop after hours came back down same thing this other time had nice pop came back down as well so I don't know if we can hold the game I hope it does hopefully it does one of these days where it marks they held the game really well um and started to stay in that range because that would be very juicy but knowing MU man I'm not too excited we'll see what things look like tomorrow stock to its MU exposure right now MU always like generates a lot of love and hurt hate relationship let's check out this other earnings video running very nice very nice what's up red air very nice though boy you can always just look at the next contract see what the IV is for the next contract versus this contract um and you can kind of try to figure out the difference there so let's see CVGW earnings per share is negative a cents as opposed to negative 11 cents sales is 273 as opposed to 263 this is a 123 decrease compared to earnings from the same period last year uh the company reported quarterly sales of 273 mil which beat the estimate by 3.8 percent this is a 16 increase compared to last year so it looks like avocado prices have gone up but margins have gone down for them probably supply chain costs just wrecking them slapping them across the face I think this is the avocado company yeah this is uh this is the avocado industry and expanding provider value added fresh food it sells avocado to a group of supermarket change so a year ago the company was trading around 70 dollars right now it's trading around 39 after hours it's 36 oh two years ago two years ago this company was trading around 94 dollars man avocado is not doing good hey what's up man so i'm moving hard i had a ghost ask me about today's clothes oh wow let's check out this arc restaurants what did they do what is arc restaurants didn't like you report yet um I haven't seen it we're still waiting for the Nike they have a restaurant called yolo's oyster house so eps of dollar 89 up from 54 cents then the negative side sales is 42 mil up from 21.77 96 percent increase compared to the same period last year so obviously russia industry last year got beat up so it's easy to beat last year's numbers um pre-covid was around 22 right now it's trading at 16 came back to 24 at one point and lost all that gains interesting let me see how their forecast is nothing useful let's look at nikes oh nikes moving up nicely after hours we play for nikes oh shoot we play 170 for 90s pretty far away crappy soup what's up man this must be three days no poop did we go through emu uh yes we just went through emu they had a pretty decent earnings like all the semiconductors they're moving up guidance was good um eps guidance was good both good kathy dines at arc yeah she better right emu scan us again i'm glad blacklisted oh no did it really did it scan us ghost candle back down to 82 that was funny hopefully we'll see we'll see where it stays hope for you haven't you filled this for your monitor workplace um just a little bit just the sources here and stuff single and wire earnings and guidance if you need help setting that up just give me a message on this point and I'll help you set up oh here we go here we go nike nikes earnings per share is 83 cents the estimate of 63 sales is 11.36 billion um as opposed to 11.25 they said that this is a 6.41 increase compared to earnings of last year that was a year ago a year ago the company was trading 147 this is a one person increase in sales compared to last year's so the numbers are pretty flat compared to last year's and you know last year's company was trading around 143 to 147 range not much movement there got away for that guidance to see where they're gonna lead us possibly semiconductors have been carrying the market pretty well it was bearish on the new I feel you man I think a lot of us was has has always been bearish on the new for the last few quarters but you know you know the semiconductor industry man they've been doing really really good literally every semiconductor stock that we reported the last the last month or so has had phenomenal numbers and they've just been going up it's like it's almost like you can't go against the semiconductors right now let's see for a bit in hey what's up spend oh yeah the MU calendars are looking good right now um as long as we were in upside we get somewhere close 90 dollars and we stay there for the next two three days oh we're gonna be good really really good so Nike's starting to move up let's see what do we need Nike to move um we need Nike to get close to 170 for us to really be doing well I mean our orchestra like near 160 right here but if it goes to 170 where's Nike at so we play Nike on the earnings challenge that's why we're looking at it um if you guys haven't seen it there is thread there's a thread in there account challenge section um or we're taking a lot of these throttle plays on the earnings and stuff so right now and like he's at 162 after hours at 162 we're making chum change um if that shift it stays in this range we won't make money until until Friday um if it stays that range if it starts grinding up it moves forward on Friday essentially make a lot of money the thing about the thing I was looking forward to on Nike is that I'm looking forward to them talk a lot about the what do you call it the the Nike land so I want to see I want to hear about what the potential on that is hopefully they say more about that in the earnings call the Nike direct sales were 4.7 billion up 9 percent Nike brand digital sales increased 12 percent gross margin continues to increase somehow I'm not sure how pretty magical there like he says that their strong result this quarter provided proof that our strategy is working as we execute through a dynamic environment um we're now in much stronger competitive position today than we were 18 months ago I want to thank our roughly 75,000 global teammates for all their work to provide consumers with a compelling new product innovation and experience that only Nike can deliver thank you very much chow labor like he says thank you did they say anything about buybacks um not sure yet we'll see second quarter revenue was flat as we continue to manage I'm going to pack a supply chain challenge across marketplace revenue in greater China and APRA decline largely due to lower level of viable inventory coming from COVID-19 related factory closures work while closure had an impact across our portfolio North America and EMEA delivered growth due to higher level of in transit inventory entering the second quarter despite inventory constraint and supply chain challenges like he grew 8% that by North America direct growth of 30% including record black Friday results wow like your brand digital deliver growth 11% in North America um while partially being offset in greater China apparently converse is getting popular again revenue for converse was 557 million up 16% inventories are up so that means inventories if inventories are up that means they have a lot of stuff and supply which means like they've been anticipating the supply chain issue well and they've been storing things so like each dividend has increased 14% from the previous year where we purchased a 958 million per quarter $15 billion program approved by the board of director in 2018 um so they still have about more than half of that buying power left so to answer um to answer your question if they said anything about buyback they didn't announce a new buyback program but they do have existing one um that's from 2018 where they still have more than half the buying power left so that's pretty much if the nikes earnings report for us we didn't see anything about you know nike land anything so i hope that's something they'll talk about in the earnings calls and that could possibly get people pretty excited what's rt fkt oh this is like nft thinking so nike recently looks like nike recently um acquired this company last week on monday so that's something that could be pretty interesting nike doing nfts and things like that like it is a very solid company man parts are short parts are short supply chain issue cannot affect them it's like it's like it's like like they just can't beat the feeding man like just get just get wrecked by supply chain issue already nike please we're actually coming down a little bit after hours here so we might have an opportunity to sell the put position um if we come back to if we come back to like 155 we might have an opportunity to close out that put position and then just ride the call side but we'll see where things take us it's gonna be interesting tomorrow this week is gonna be very very interesting for the earnings challenge because we're having a short a week and a lot of the stuff we play is on monday and i don't think we really have anything for like let me see let me see what we have later this week so yeah so we have nike mu tomorrow we have right eight we have blackberry and then on monday we have car max and paycheck and sent us um thursday we have mogu i think that's the crypto company or is that mogu so i'm not even sure what mogu is and then friday the stock market is closed so i might set up a plan car max that's gonna be interesting one and maybe a plan sent us so those are both interesting well let me look up sent us see see where they're at today sent us actually had a gap down or 40s gap down to 429 um would actually been a good time to to start a bullish position on it because they're a uniform facility company advise uniform rental stuff actually i'm not even sure i'm not even sure how they react to the whole covid thingy one way you can say it's good and the other way you can say it's really bad for them you guys have any charts you guys want to check out so i feel like for sent us we could potentially move back to animal b-line at 412 it's actually it's actually like had a pretty good run for what it for what it does all right let's check out oxy oxy came down to the major support today actually $26 that was a major area of support purple poc bar so that's a point of control that's gonna be interesting area as well let's look at crude oil so it looks like last time i look at crude um i said that there's a possibility that crude oil could come back to the $65 area or maybe even $64 range i think that's a good range if we want to load up on oil um assuming inflation can move but at the same time oil is also a a like economic factor as well so it's also effective for economic activities if we're getting shut down across the board that could also be fairly bearish for oil too so we have the bullish and thing for oil which is um you know which is inflation but the bearish thing for oil is the economic activities but i do know we have this really nice trend line here that we applied three times already four times actually and we can see a fifth move here and that could be a good area of risk reward to buy the dip on oil so watch out the oil futures on crude oil for $65 level we hit a little bit of that today we hit 66 for a second i don't think that i don't think the drop is done there though so far let's take a look it was looking good last week i remember but probably a little bit a little bit ugly today let's see actually not that bad not that bad um we said there was opportunity with a double bottom set up it was coming back up against the trend line here uh came back down setting up that second bottom and we haven't actually lost a lot of the mood today so that's good it was actually relatively flat today if market continue to run then you can see so far come back to 1758 so that's going to be a pretty good move car max might take away at the we have the money call hope we get avis hmm that's possible i'm not sure how well car max is going to get that avis kind of move because um avis move was also more like a hedge fund move they also had a lot of money on hand so they were able to do things a little bit different let me see avis is actually car so avis had a lot of cash on hand last time they used it to do share buy back something like that let me see where how much car max had yeah they don't have enough cash on hand to do a buy back or anything the only thing they can do is just report great quarter that's it they can do a buy back so i would not um expect them to do something crazy move like like avis did could be wrong who knows still great like still they're still gonna have good earnings though but i think some of that's gonna be priced in on them having like phenomenal earnings compared to 2020 year 2020 prices because they also moved up a lot coming to trader 100 when as high as 150 it is coming closer to trend lines here so this is a good trend line move so if it's gonna bounce you can see a good move on the trend line bounce um maybe a possible move to 140s if it does bounce there maybe even have maybe or even haven't before earnings man shoot yeah that's gonna be interesting move very interesting move there asana car max posted the chart and and um in discussion channel should be able to see that there so fine that you man let's check out asan asana oh that's a nice double bottom set up there too seeing that nice double bottom move if we can break above this level we easily see the move to 98 asan thoughts on tesla um let's see the calm before the storm so last time when tesla was over here on the half day chart um it was either setting up a possible double bottom you know to move up back to the trend line here it was coming back down to the 867 area looks like we got pretty close to that today um i still think we can hit that area i still think we're gonna hit that 867 870 range there um i think that would be a possible area of a good bounce so if it hits there i could see us possibly doing a move for a good bounce to like 980s 990s um but who knows man who knows tesla is tricky like that but i think the risk reward for the bounce there is reasonable it could happen would i play straight calls on it no i would not i wouldn't touch straight calls because it's very expensive i'll probably do a calendar or a bow call spread um if i were to play it so that's going to be a pretty interesting move if that happens looks like big quinn's having a nice run spy hit that area perfectly almost today let's go over um market outlook chart that we talked about this morning so usually every week we post out the market outlooks what things would look like what could possibly happen um so last monday we looked at spy we said that you know last week it was a good time to take profit and that you know that aged pretty well we had a good opportunity to profit last week as the market moved up a lot um and came back down so this week as the market reacts to bad news of omokron i would say we could sit on hands and wait for opportunity near 449 area on spy um our es so we kind of hit that 449 450 range and which is this this trendline mob line there and we had a nice bounce text sector was very choppy last week as expected as well we had potential double bottom setup the w pattern but the selling pressure was strong on friday so that could invalidate the w setup and indicate more selling we're looking i was personally looking for support round 373 i think we could still go there we haven't really tested that range yet so we'll see how things play out financial sector looks like friday's close signal the downtrend last week we're either going up and down um looking for a move to 37 60s on xlf um to provide an opportunity and dollar index the dollar index has just been strong above 96 i don't see um i don't see like easy recovery to the market so let me see let's see how things play out be quiet best buy so we hit that 37 60 we even went as low as 37 22 when the intro sector looked pretty beat up today um i still think it's interesting buying opportunity i think it's just getting beat up because the dividend being on the same day as well so but if there was one sector i would look to buy the dip was probably the financials dollar index was still strong today we're still above 96 50 spy actually hit the bottom of the trend line um i mean the bottom of the bottom of the mo b line at 378 we're doing it 377 47 um so touch the mo b line really nice had a nice bounce there spy also hitting the mo b line as well very nice move i think we might get another opportunity tomorrow i can be around because we're gonna have like the joe biden speech so there's probably going to be a good area to start picking up position um start some small buy the dip opportunities and see where that lead us for the rest of the week i also posted that um something to look out for you um europe is bracing for another co snap so we can see some moves in the natural gas sector so that moved 3.9 percent today china central bank was reviewing the long rates today um so that could be something interesting for the real estate market they've been collapsing pretty hard so those are some things we're looking forward to here bnb so that the market outlook is always posted in the stock elite panel every monday here bnb wow dropped pretty hard big area of support in this range here with the purple bar and mo b line on the half day chart it looks like we had a nice bounce there so that continues tomorrow we got money flow signal smart money buy signal coming in there um the bounce continues we could easily see 166 and there bnb actually but that's a short term move though every bnb has a bunch of competitors man they actually have a lot of competitors coming across the board coming up across the board to compete with them um but naturally they're also a huge competitor against hotels as well and they're they're at a point where they're kind of like uber now where they used to be really really cheap um and and like their prices are unbeatable but i think they're getting to the point where they're not as cheap anymore you know um as opposed to the early days of air bnb just because there's so much fees cleaning fees and all these other miscellaneous things that gets attached to it but technical wise it could be sitting up for that good bounce we're looking at 167 folks to the chart and and our discussion channel check that out over here so i hope that helps man i might get another bounce and go tomorrow lumbar started breaking so lumbar started running like crazy not as high as a may but started moving up starting to break down a little bit today facebook is also pretty beat up that's something i would look to um pick up there uh if we get the opportunity tomorrow apple breaking under the trend line death for apple for the bounce around 165 and that's a whole Netflix was the only one that was pretty great and out of all the thing today possible possible reversal set up here possible double bottom in a way getting a smart money buy signal today as well um they're pretty cheap finding finding that support in this range over here at 590s so if we do reverse we could have a really nice move back to 624 630s easily looking for that possible move this week so we'll see cool go roco's interesting um struggling at that reasons here at 235 had a big move last week um and struggling against this line so it's also a double bottom set up here too we either come back to 270s or get rejected and come back to 200s again 178 i mean i think i think there's some light resistance at 178 i don't really see it uh maybe at 182 for TTWO the gaming sector could be potentially bullish due to um due to covid as well we have a possible inverse head and shoulder set up over here so inverse head and shoulder if we started up there it'd be like this and you can see that potential move finished around 187 189 range on TTWO AMAT let's see we check out the earnings from last time so AMAT had earnings about a month ago november 18th um last year they they were trading around $84 and right now they're trading at 145 147 ish they had a good earnings per share 55% increase in EPS and 30% increase in sales so that you know the fundamental and macro growth story i see they're pretty in line with their current price point right now so they see you know they do see potential growth um but things are iffy things are iffy there man they're they're either gonna make you know give or take 6.1 billion as opposed to 6.5 so supply chain issue is gonna hit them a little bit harder than some of the other semiconductor companies so it's not something i'm too crazy about on a two-year basis the company have appreciated 100 i think the most on the value semiconductor stock right now is probably MU because MU actually hasn't grown much in the last two years i mean look at the chart it's trading around like $54 when as high as 96 at some point yeah they haven't grown much at all and you know their EPS just had 176% increase but the stock has been pretty um pretty pretty flat and sloppy boeing also coming back to double bottom move here that could be interesting as well international's coming back down to the bottom of the trend line oh target oh shoot target broke that support oh microsoft could be interesting as well tomorrow like he started to move back the hours nice looks like they did have that next leg i'm still looking for that 170 move so hopefully gets there did you play the earnings call from nikes in that cat challenge nice so yeah hopefully this move to to arrange but yeah i think that's pretty much it here i'm gonna end the stream here we'll be back here tomorrow to go over some of the other earnings on you know like right a and and blackberry oh i actually didn't go over carnival today but um carnival earnings was actually pretty ugly they lost $2.6 billion this quarter um but they did say that they expect to be fully running by June of 2022 so that's why carnival ran up a lot today they said they're gonna be back to full capacity even and running every single one of their ships by June of 22 next year but i i think that schedule is gonna change real quick so that's gonna be something interesting other than that have a good night guys and take care