 What's up navigation traders welcome to today's update today's Thursday, January 30th Haven't done a tradehacker update in a couple days. We've been a little bit busy Just rolled out our newest strategy class. So if you did not attend we did that on Tuesday live The recording is now available for pro members. It's in the membership area We will be editing that down to more digestible sections like our other strategy courses but at this point the raw recording is available, so if you want to check that out and Just to kind of give you an idea of what that was about. It's really like we call it the portfolio bunker So it's a strategy designed to protect your portfolio from disaster So essentially what will happen is if the market were to rebound and continue higher You're gonna lose little to zero. It's gonna be pretty flat But if the market really tanks you're gonna really make out on this strategy Which which could potentially protect a lot of your other positions So if you haven't checked that out make sure you do got a lot of good feedback from everybody I think everybody enjoyed it. It's a great strategy that we've been trading for some time now And you know, we never know when the next black swan event is going to come We never know when the next market correction is gonna come But now is the time to start getting prepared for that because it will come at some point So check that out if you have not already So what's going on in the markets? And I'm gonna recap going back a couple of days here because we took a little bit of a break But basically, I mean if you look at today, I mean the S&P was down about 30 earlier And it's rallied all the way back up today So now it's basically flat see the NASDAQ is up a little bit oil was down about two and a half percent It brought back some of those gains Gold up a little bit Natty gas down Natty gas just continues to have nice big wide swings mostly to the downside recently And then as far as different stocks go so we had a lot of earnings announcements popping off Starting on the 28th apple, which is fairly muted. We did a earnings iron duck and apple took a little bit of profits there AMD announced we did not make a trade here But it it came down and now it looks like it's rebounding. What else was there eBay? eBay announced on the 28th our favorite auction site And so you can see it had a little bit of a down move after earnings and it also is rebounding today a Starbucks Your favorite coffee place On a little bit of a downward spin there Boeing, which has been in the news a lot for their max Pretty muted pretty muted earnings announcement as far as the overall price movement goes a Mastercard Mastercard fairly muted as well McDonald's Donald's continues to climb even after its earnings announcement Facebook is the one that got hit It's down quite a bit and they announced after the market closed yesterday on the 29th Look at Facebook Facebook's down 6% at this point. It's come back a little bit from its lows We'll see what happens there Microsoft msft It's up after its earnings announcement paypal Well, it started off down and now it's pretty flat on the day after their announcement Tesla is one another one that we took a position on we did a reverse iron duck. It's up about 10% at this point Yeah, 11% and so we're actually pretty close to our break-even point to the upside We did a reverse iron duck So we need price just to hang out right here not go any higher And if we get a little bit of downside into expiration tomorrow that would be perfect for us We'd hit a nice little duck head on Tesla And then after the bell today, we've got Amazon and ZN put on an iron duck in Amazon So if we've got no risk to the upside and we've got a downside All the way down to about this level. So see what happens in Amazon also after the bell Amgen win Let's look at win because they've they got hit hard on the corona virus scare a couple days ago But they're pretty pretty flat today. Now, let's see. It's quite there's a question mark So, oh, I guess it looks like their earnings moved till 2 6. It was showing after the bell today earlier So sometimes they they change Caterpillar opens before the market opens tomorrow morning. See a tee So we'll see what happens there. They've been on a little bit of a downhill slide here So did not take a position in Caterpillar and then next week big one is Google and CMG Also releases on the fourth. So Google's after the market closes on the third CMG Chipotle's on the fourth after the market also after the market on the fourth is Disney and Gild to kind of wrap up some of the notable earnings So those are are the different announcements some other big movers today We're seeing UPS down over 6% after they announced earnings some other notables. There's one other I wanted to look at Oh, yeah, Facebook already mentioned. So That's what we got going on. We're gonna continue to stay mechanical and do what we do. Everybody have a good evening We'll talk to you next time