 So we got some great earnings that came out last night. We played some gambles Worked out really well. So let's see if we Get the same thing today. We have some huge earnings today as well blackberry a or cow amp Um, and then we also play car max before market close That is going crazy kmx. That's tomorrow morning Looks like a lot of people are extremely extremely extremely bullish on it To honestly go eat the direction Let's check it out. See what the market outlooks looking like today Wow So market outlook is actually pretty bullish for today. It's just messing with a few things So market outlook Overall was pretty bullish. We had a lot of big movers live nation was up a lot today likey Had a big move to the upside after earnings. Um, it's kind of choking a little bit there Booking that calm. Oh my gosh blast it off, right? And then some of the consumer staples company got hurt beat up Clorox Kroger's they're kind of down a little bit png Kind of down walmart not doing so well target Uh might be finding opportunity here on target studying up that reversal Monster energy is actually um up a lot From that bottom 82 In early december announced a 92 10 dollar move there Very nice What's up, what's up trawster going on? What's going on mickey trick? It's not it doesn't work for you Um, try the youtube site where we have this on youtube as well So if it doesn't work Um after the twitch just check the youtube site see if that works for you Even though most of the chat is on the on the twitch side though We dip in tomorrow for some more loads kip ass Possibly what's going on kip? It's uh, it's been a pretty crazy move. MU was also a big move today up 10 percent Have you guys ever seen MU move 10 percent before? Super rare, man So close around 90 68 AMD is also up Um MU single handedly saving Nvidia man from the from the death FedEx is also moving up today UPS as well Um, so this is like the industrial sector Industrial sector seems some good recovery Healthcare sector still pretty strong Um with the exception of visor and red earner Not sure why they're selling off pretty hard. It's a little bit weird It's only been coming out really good news Um, but I guess I guess the whole sector has ran a lot in the last week or so Um, the healthcare sector so I could see maybe that's why they're just cooling down a little bit taking a breather This was a good day today indeed indeed Today was overall very nice day Um, things almost playing out exactly to market plan as well looking at the S&P 500 futures You know, we had a really good bounce off that trend line that we're looking at yesterday around that 450 area Um, huge bounce it hit there and then huge bounce off there Now we're coming back to the MOB line for a little bit resistance So I could see some chop going on for tomorrow, especially like You know being the last two days before the holiday tomorrow could definitely be a choppy day I have seen MU move big whenever I entered it and moved away from me like a road from the light Dang except for the calendars I'm glad you got into that play bro. Um, you know, one of the one of the reasons we set up the earnings account challenge was because You know, I've seen a lot of people That's been in the market for a while and they're trying to succeed in it and it's just like And as far, you know, um, a lot of people have a hard time swinging options A lot of people have hard time learning strategies and stuff And I just wanted to set up, you know an account challenge where it's like full full You know full disclosure full transparency by the same time like help people make money safely Right, so that's been the goal of our account challenge And I'm glad I've been working out for people, you know, just seeing people slowly come to their account I had a few people mess with message me that said, you know, there were negative like 60 percent for the year And and now they're like Seeing really good recovery. Some people we cover like 40 percent of their account already And and you know, some people are seeing like 15 20 recovery just by playing the challenge and nothing else So that's been good. I'm happy to hear that man. I I like to see everybody succeed Let's just check out some of the earnings for today So today we got Right 8 in the morning in general mill those are the two big ones. So I'll check those out first and then got blackberry after hours Sir, Nike was also a huge banger as well I'm very excited about that The other thing is I also have to make time to to do the tutorial videos on the earning challenge Because I feel like a lot of people are still struggling to set up the plays and a little bit confused on it as well So I want to be able to make it a lot easier for everyone crazy move Yesterday yesterday Costco gave up all the games found support 536 and now we're seeing some recovery again Oh, geez man scam us So we got in general mills this morning Um earnings for sure was 99 cents Miss estimate of a dollar and five cents Sales is 5.02 billion as opposed to 4.84 billion This is a 6.6 percent decrease In earnings per share compared to the same period last year company reported quarterly sales of 5.02 A billion which is a 6 percent increase in sales compared to last year So they definitely make they're making more money than last year's but earnings per share is still going down Which means that you know, they could be struggling with some supply chain issues cost issues that's You know causing the margins to go up a lot refresh this So where was the company trading at last year last year the company was trading around 59 dollars Right now it was a 65 with six percent increase from last year The price is within reasonable. It's been chopping around this range the whole year moving within the $10 range Two years ago the company was trading around 53 dollars right now 65 sales had about 12 12 dollar increase which is which is pretty good over 10 increase Almost 20 percent They said they're seeing net organic sales increase about five six percent higher cost impact much going on in um general mills Just your regular increase Let's check out right eight from this morning What's up arby nickle? Are you done? Then uh i've been having pretty good pretty good week Month so far let's say right a opened down pretty hard today at 11 dollars and then huge recovery to 15. What did they say? What did they say? so right a um Earnings per share is 15 cents may not compare to negative 14 cents. They said Uh sales was 6.23 billion Miss estimate of 6.32 This is a 65 decrease compared to earnings from the same period last year Uh 1.8 increase in sales compared to the same period last year. So Not crazy. What was the company trading at last year? Oh last year the company was trading around 19 dollars So I could see why it had a nice little move there off the double bottom It's not like they're doing much worse than last year Except for EPS They raised their four-year guidance as well They also raised their sales as well, but still looking to to be below estimate for the year Um, they're expecting to have another wild EPS For four year 22. What's up with that? Company announced store closure plans to reduce cost and improve profitability So looks like they're following, uh, CVS In terms of like cutting down some stores and and like the bad stores and stuff Well, they're about to close 63 stores That could save them 25 million I guess that's good in a way and bad in a way It's gonna make their revenue lower um year over year But if those stores were burning money anyways Could help out the EPS Good afternoon mario. How you doing? meh This is okay earnings pretty meh So that was the earnings with today In this morning. Let's check the after hours So after hours we have camp c amp. Why is this communication company? EPS was negative 8 percent. I mean negative 8 cents and down from positive 10 cents Sales is 69 mil miss estimate of 79 mil It looks pretty ugly 180 decrease compared to the same period last year and 21 decrease in sales Down 12.7 percent after hours ouch ouch So coming to this pre-covid levels AAR also reported as well. They're like a aviation and defense company Earnings per share is 53 cents miss estimate of 54 sales is 437 miss estimate of 449 70 increase compared to same period last year 8 percent increase in sales compared to the same period last year Where's the company trading at last year? Let's see The company was trading around 37 35 to 37 dollars Um right now is down 5 after hours to 35 dollars So it's pretty in line with last year's numbers In terms of stock price But the performance looks like it was doing much better in the last years Compared to two years ago company was trading around 45 dollars So I think I think one of the other things is that they probably lost some money last year because the whole aerospace sector the whole aviation aerospace Sector has been down pretty bad And and they said like when I really expect him to go to war in the next four years or anything So that could be one of the other reasons that a lot of these defense contracting companies are not doing so well um But let's check out the earnings. See what's good here. What's up young bow? Second quarter cash flow 16 mil 150 mil share we purchase Market cap is 1.25 12 percent That's a 12 percent buyback hella bullish Hold up a i are Sell it to me I dare you sell it to me Oh Pick some position up. We'll see what that takes us Um, it was down pretty hard before I wish I picked it up at 35 Um, let me go through the rest of this Sales to commercial customers are 59 Sales to government was a 15 decrease Whoa, so this is actually pretty bullish. They said that throughout the pandemic We demonstrated our ability to drive consistent cash flows This has resulted in exceptionally strong balance sheet Which allows to continue to invest in our business while we turn the capital to shareholders In addition to deploying capital to fund our continued growth We will also return capital to shareholders through our 150 mil share we purchase program Which we announced which we announced today and we'll commence this quarter um, so that's actually uh really quick We purchase program whereas other companies like Could say oh, we'll do it for a year You know, we could like buy anytime from now or a year from now But these guys are like now we're gonna buy it this quarter So that's actually low key pretty bullish It's a good buying opportunity 35 20 I'm pretty sure if this moves tomorrow, it's gonna probably move pretty quick so I wouldn't play a spread on it. I mean could play vertical, but not something that would be too excited about playing it um It's done m u rose and it rose significantly today by our plays Not kind of that much. Is this because iv crush? Well, so the way we're playing it a lot of times, so it's actually it's up 139 percent Um, compared to the play we should be up, you know over a hundred dollars And the reason that you know the reason that we're not up even more percentage Is strictly because there's still a lot of premium to be burned So we sold on december 23 90 dollar calls and we bought the december 31st 90 dollar calls So the one that we bought Right the position that we bought Is next week's And the position that we're selling is this week's So this week's position Still has a lot of juice left You know look at the juice on it the stock is at 90 dollars and 69 cents And we still have A dollar and 80 juice on it. So that means the break even on this is 91 84 minimum So that still has a 91 84 minimum juice on it whereas Whereas if it gets burned it should be close to 69 instead of 184 So that's a whole dollar of premium left on this Left on this leg to be burned whereas this leg You know, even if we burn some premium, we should still be up a lot So that's that's why That's why you know, the play is not up as much as it should be because we still got time left As i've said this multiple times the best is to wait till closer to friday Um, as long as it's floating near our price point We should be making dumb money So as long as it doesn't go too far away Um, tomorrow we would tomorrow's wednesday we'll be making a dollar and 30 And then on thursday we could potentially make a dollar and 80 So a lot of um, a lot of opportunity left Um, emu is also very bullish today as opposed to nike So people more people sold off nike than emu because you know, they saw that How much pretender emu has? Oh, yeah, um, young bow if you're here should cut this So for some of the people that are in our algo group chat um We looked at these two plays earlier this week Um that we set up over the weekend. So one of them was sky and the other one was adi Um, a sky was set up by young bow. Um, and adi was set up by me and both of them had really really nice move So sky we were looking for a move to 75 dollars that's 73 28 right now Up 4 percent today. I've had a whole three dollar move So that play is up over 80 percent. Um, something we're looking at in the algo Good chat for all the people that purchased the Double seven algo swing algo Um, then the other one we're looking at was adi which is like a semiconductor company We still got a lot of time on this But as long as it remains like above 170s, we're going to be profitable If it gets close to 175 tomorrow or thursday Could potentially make a hundred percent So something we're looking at as well And that's something we're going to release like every weekend We're gonna, you know, review the trays and and post them up Oh, wow AIR is going as low as 34. That's pretty crazy. They're really trying to sell it off Looks like that's gonna be a swing What else is going on today Do you guys have any other stocks that you guys want us to check out a chart? Wow next week not much earnings Oh, yeah, blackberry has earnings day. When when is that coming out? That's gonna be a 5 5 8 5 p.m. Thing. I feel like at this point Let me check out the stock list Oh snap. Omar etsy had another move today Actually starting to look really bullish on the daily to 88 I think I actually ended up closing my etsy today though. Let's check out or gm Org and origin materials. What does this company do? Oh, wow, the weekly chart on this looks kind of ugly Um, it looks like it fell off earlier this year And just been kind of on this downtrend Maybe we'll draw the support line here If they're gonna reverse, this is it. This is the range here. If they're gonna reverse and go up This is the range here finding some good support Um, has some support here and then we're seeing some support here, right? So I would say probably good area resistance right here Um, a little bit of small resistance here as well But can potentially see a 750 target Try some twist chat. All right, so I'm gonna post some charts on On the um on the discussion channel in x-rays ORGN Could potentially see a move to What's this range here? 740s Momo continues Which is momentum A cup of magic So let's check out amazon Goddamn it, man. You love amazon Are you trading naked calls on amazon or mostly butterfly still? So amazon got another buy signal today Um, so we got the triangle pointing upward here, which is the mmsmart buy signal And had a nice move Nice move from 3300 to 3400 a hundred dollar move today So 3300 has been a good area of support magnet and overall in general That range been pretty solid in that area And we'll be finding support. However, we're also getting lower highs So watch that over here and see a little bit lower highs here, right? So watch out for that could be a good area to You know take profit at the top of the range Um, it can also squeeze through it too and really go either direction as well So that's something else to be mindful of Stole puts for april Very nice So it's in that short term little squeeze AMZN Let's check out google Google is the same setup as um, as um as amazon, so Probably the same thing You know could see some profit taking opportunity tomorrow Um, the other thing is you also got to check the algo to see what what the algo thinks of the market tomorrow So right now the algo is saying possible short opportunity. We could possibly chop tomorrow um, and and reasonably so because We had um, we had a huge run today, right? Um, so after a huge run is not as you know, not surprising to see us Going back down a little bit at least at 460s from 463s Um, I think that's a reasonable area. I mean unless we break through again like this over here just go You just just Break us right through that resistance. That's also a possibility too. We'll see time. What's how? What is your thought on plug powers or go down lower? Good question. Let's see Oh, wow. I think this is the bottom for plug powers I could be wrong, but I it's a it's a good area Um on the daily chart. We're looking at it. You see some poc here point of control on the purple bar here That that could be a good, you know, it's holding that area. So it hasn't dropped below it So I think as long as we're above Um, you know, I would say I think as long as it were above that short term support at 27 dollars. We're pretty bullish um We we got the crossover on the daily here Things are looking almost positive for for plug man So this this could be the bottom. This could be the bottom Looking at the recovery side looking at the recovery side, you know, ideally you can see it move back to 28 90s I mean 29 26 31 And 35 This plug Or ocean spell Healthier healthcare cooling off possibly Had a breakout today. Let's check out uber Oh, I think the whole healthcare. I mean not the whole the whole travel related sector is breaking out today Things are going to be a trap. I think it's a it's just going to be a huge trap Yeah, so we had the nice little double bottom Nice move to the upside because see some resistance coming up around like 42 range 42 60s Um, I do expect us to chop from here or go down the volume bar No, doesn't the volume bar doesn't mean bullish or bearish at all the volume bar on the algo It's strictly just to tell you good areas of support and resistance possibly It's just another alternative way of looking at support and resistance It doesn't necessarily mean is um is bearish actually in fact, um Uh, it's just an area of demand and supply So if you google or understand the basics of like supplying demand in terms of uh stock terminology Um, you know supplying demand just equivalent to support and resistance, right? So if there's an area of a supply That would mean resistance if there's an area of support Um Then then that is if an area of demand that is support So being below that a candle just means that that's an area where there's support at and it flips Um, you know it flips depending on whether the candle is above or below it So now this purple bar here is a resistance Uh, but if you purchase the algo I'll explain a little bit more on how how we use this and And and stuff, but that's why we have like that's why that's what I'll go with different from other people's scripts and stuff because There's so much stuff that people need to learn to become a better trader and And that's why like I have the mentoring session in there to to teach more into it See what the market on clothes and balance today was 380 million to the sell side 800 million to the sell side around 330 Sander Claus rally everybody says More like a Grinch rally So they said that in some years the expected rally comes later than others And can run past December 25th into the new year's if Tuesday's bullish price action is recognized The rally could be beginning now Although more conservative traders may want to wait for spy to wait capture key levels What's the key levels? What is this key level they talking about key level 462 They want to see spy at 463 and 75 I Guess I guess I guess is reasonable range. I don't even think we really been ejecting that level much Small caps was actually very very very bullish looking um the other day We did get a nice rally in the half day chart in the small caps They even had a rally the other day too Been an interesting little range for small caps Things are not looking so hot in the daily though I think we still have a lot of indecisiveness Oil did have a nice run though natural gas Might have to set up a play on natural gas because I feel like this could be a potential mover Maybe 16s. Wow. It's so cheap It's not even worth sitting on a calendar just straight up calls This burst all the way back to 16s Oh Clip it Go has been coming down a little bit So weird This this relationship between go and the stock market has been so weird this year Let me show you what I mean by that So freaking weird man Actually driving me nuts how weird it is Oh, I got a goal. I'm gonna put go on the left side. I want to put ES on the right side So last time market rally Right Do do do do do Hit the top and go hit the top as well go rally with the market this time Market came down. Do do do do do do Go came down with the market Right now market is running back up. Do do do do do do Right And go the size to come back down So it's so weird man. The relationship has been so weird all year Um, and then obviously this whole range over here from november 23rd all the way to like december 14 I don't even know about that. That's weird as hell range too so Goal, you know market was up Market came down goal came up, you know as it should usually and then market came down pretty hard and goal came down pretty hard so They're like sometimes they run together Sometime they ran separately. It's like they can't decide what they want to do Dollar index seeing a little bit weakness today But i'm not sure if we're done with the weakness for the dollar index Still barely bullish on the daily chart Lumber came back down a lot. Um finding a small support area here Facebook, uh, we talked about facebook and microsoft yesterday strong movers Um was extremely bullish to the 340 level. So we got a huge move on facebook today up eight dollars Um apple found the bottom as well Finding some support there Test that trend line could reject it Netflix strong move 11 dollars setting up that possible double bottom run too Um, if we open that 6 30 tomorrow, we're probably gonna close that position that we have in the earning challenge account Roku is actually one i'm very surprised about i might have to set up I think i'm gonna set up a personal play on roku On like either directions because I think it does have direction to go to 272 Um, I think the opportunity to go to 72 is there as well But also the opportunity to go back to 200 is also there So it's it's like if we're if we're looking at this from a technical standpoint Um, seeing it having a hard time clearing this uh resistance here at 234 That usually would mean that it's going to get smacked And then just come back down to 200s. So that that would be the ideal Move there getting smacked and coming back down Um on the longer trend chart, you can also say, hey, you know what? This could be a possible double bottom move, you know setting up here Um, and you know setting the first double first side of the w and then the second side over here So that's also another possible mode too Um in anticipation. Is there an hip commodity? That's a good question. Kev I feel like that's something that Omar would know She asked him. Oh my god and this company do mdb Mongol database Nuts went nuts today Inverse head and shoulder setup. It's just like You can see 580s. Who the hell knows $42 move in one single day, man Oh Had a lot of good setups on the chart TTD coming back to the MOB line on the half day chart and just Having a strong move off the MOB Some of my favorite stocks there Zendesz Tesla Yo, if market is bullish we could easily see tesla coming back to the 1050 levels Um, some of us discussed that already. So that's a that's a lot of I took to and we'll see where that goes That could be an interesting area Oh, look at bowing setting up that perfect double bottom Look at bowing 100% So bowing I could see a move to at least 203 Um, it's so strong It's half day chart. It's looking so bullish the whole day Probably one of the biggest movers we have ever seen on a single day basis on ba um This this will probably go down for one of the top five top Percentage move on bowing for the year. I guarantee it pretty sure. This is a top five $11 move today Holy smokes Jesus Unreal. Unreal. Wish I had a chance to take that trade, man Yeah, I think we talked about it yesterday too. I I remember Um, I remember us drawing that double bottom pattern on it. Oh, maybe it wasn't yesterday. Maybe it was the day before thing Um, morgan stanley also had a big move today. So financials like I said, I like it when market drops financials are usually good areas to buy Cgc had a 10% move Oh god, man A lot of big moves this day You could literally throw the dart anywhere in the chart today and make money almost Or at least anywhere in my on the my watch list, you probably had a good chance of making money Throw the dart anywhere in the watch list here and you make money They've been buster 11% move coming to the top of the trend line If you guys are itchy looking for something too short watch this for the next few days You view you view and view view maybe even 38 dollars. I just take that super short How could we not short it shake shack lift So you're asking about uber before lift also looks strong lift could potentially see that move to 43 Um, I would say lift is a little bit more bullish than uber in a sense Oh, this is probably This is probably a potential big mover for tomorrow Target tgt It's been dropping pretty hard. It broke the trend line Um It lost the support here. So that's a 223 support. It's trading at 220 right now Um, I think if we see some recovery we're potentially see it recovery to 223 if we can get above 223 Um, that could be a pretty strong move higher I'm surprised target hasn't moved lately because the a lot of the other retail stocks has moved a lot Can't even see a move to 240s, man. Holy smokes. That's a good play tomorrow. All the tree not much going on lately Oh, I has been getting pretty beat up with some sell signal from motley fool But keep in mind a lot of motley fool those guys They so this is how um, this is how motley fool works Their sales signals are based on moving averages, right? They will say this If the stock is above the 200 moving average or the 100 moving average, they'll be like the stock is looking bearish It's time to sell. I mean, that's the same kind of signal that you can even get it from trading view You go to tradingview.com You type in the ticker I'll show you Go to the overview Right and you go to the technicals Um, and all the technicals are going to show you strong sell sell sell sell Because anytime is like i'm not sure why the market has has has decided this Um, I guess some of the theories are the golden cost and golden cross and the depth cross So anytime these stocks under these big moving averages They will always tell you to sell sell sell But if you honestly follow these You probably have a very low chance of making profit Um, so a lot of those are like golden cross and depth cross signals depth cross is when the 50 and 200 crosses over So it could be potentially be like moving average crossing over here by the time you see that cross It's already down here, you know, and then the next thing it does is going to move back up squeeze you down Even though it's going down further by the time you get back in here again It's probably going to make another move back up just to squeeze you out Yeah, let me catch up on the chat. What about now service now Yeah, it's it's got a little double bottom pattern there Got a little double bottom pattern there Take a pee at Walgreens if you have a chance one of my favorite few profitable stocks in my trade account I might just take profit cut my loss and start fresh Let's check on Walgreens So Walgreens dropped a little bit following the up move with the with the with the positive news from bright eight So it's not trading a little range. It's a long-term hole for me But I would say, you know, if you want to take profit to top the range is a good area Um, then you got bottom of the range here Buy low and sell high I could see another leg up to maybe $50 Think that's possible. It looks like it wants to set up another leg up on the daily to 50s It's there opportunities there What's up terribly happy How is PayPal? Let's check it out. So it's going on cp PayPal has been choppy, man So one good thing is PayPal hasn't broken that super support yet at 176 Um, so that's an area that's been holding Uh, it's been consolidating a little bit just good because it's finding support. It's holding support It hasn't really tapped this 176 level, which I kind of wanted it to tap That would have been a good tap, man. I don't know why they won't do it Because I feel like if they get that tap, that's when you're going to see that big move Um, but other than that, it's looking pretty good It's finding holding that bottom. Um, usually when it finds and holds the bottom it could set up the move up So let's say that I feel like probably the three month outplay maybe um February if you were taking a call gotta take it out at least till February at least take to February or March call Yep, I'm still holding mines been collecting the dividend on it. Do you follow any EV motorcycles? VLCN? Um, not really doesn't uh, doesn't um, Harley-Davidson have an EV motorcycle now Oh, this is a special acquisition stock. It's gotta be. It's gotta be. These are dangerous, man These are very dangerous be careful. They could be selling off the three dollars LCID I haven't touched it since we looked at it last week Um, we had that bullish catalyst that it was getting listed in a NASDAQ, right? Um, so that was something that was very bullish, but that happened Monday. They got listed in a NASDAQ already And it's not something that I would be too crazy about playing Uh, if you are bullish on tesla You could potentially take this to the 44 dollar range Or take some lotto's at the 44 dollar range if you're bullish on tesla Um, you know could be looking for that double bottom move here as well That would that would validate that 44 dollar range move That we're talking about if this double bottom move set up But by p.m. I'm about to go off here. Let's take a look at one last ticker T. W. L. O Twillow Probably on a downhill move lately, I imagine so looked at it last time Been getting good rejection off the blue and the purple line We're at that purple line again It's been a very good downtrend Heading that purple line. I think this is a good area to take profit. Are you in the twillow tray already or Or you're looking to get in Mr D stack You're already in it. If you're already in it. This is a good area to take some profit Um, if you're not taking profit If you're not taking profit here next area to take profit is 300 dollar range So if you've got calls take some profit Um leave some runner for the next range, right? But everything on my thing is saying Take profit Because it's getting to places of greed, you know, um where like Where where where they're gonna be possible selling So I hope that helps man. How long out for a possible bull run I mean if it if it goes to like the 300 right, um Let's say you want to take it to the next level over here That could be another two weeks out. Um, it could either come back down like it did over here Like how it come back down, right? Do this before another run so that could be two weeks to in a month out depending on whether it comes back down or not So if it breaks through this range, it would probably get here in a week or two If it doesn't break through this range at 276 over here Um 277 actually if it doesn't break through that 277 It's gonna come back down and it's gonna take more time to get there So if it breaks through it'll take one to two weeks if it doesn't break through it's gonna take a month But that's it boys. I'm gonna end it here. Have a good night And we'll be back to oh Blackberry came out with the earnings Take a look at this real quick Earnings per share is zero dollars as opposed to Negative seven so that's actually bullish sales is 184 million as opposed to 177 Um compared to last year 17 decreased They're going to have a guidance call a little bit soon They're gonna provide guidance in the call So as usual blackberry is pretty flat during earnings So not much moved there. I don't know if anybody got the super bottom on this stock at 33 Um at 50 but that's probably going to be a good buying range for the week I don't see why not Tomorrow we're going to check out that car max play So for those of you guys that got into the car max lotto with us. Good luck. I hope this prints I hope this prints Take care guys