 What's up guys happy Tuesday? Sheboy double seven. Let's check out the earnings for today. Wow a lot of mixed market today up and downs AXP was up like crazy IBM as well Markets is looking for excuse go up or down Etsy down some more got some big earnings today Microsoft Texas Instrument. Let's see how that looked like. What's up MK? Patron Evie's Nasty Nate bye bye Microsoft. What did they say? What's going on here? Catching up here catching up What's up fiat world or be nickel? Are you guys doing? Good point here in asking a you can still buy puts on spy. That's true You could if you are anticipating to be pretty ugly Yolo 69 6 9 6 9 What's up, Mr. One parm CG It's good yo All right, let's see. Let's see what's going on. Let's look into this Microsoft getting beat up bump bump bump It's dying. Why? All right, so Microsoft is down $14 down 5% after hours one of biggest Biggest downtrend ever we have ever seen on Microsoft after earnings usually really relatively flat Earnings per share was 248 as opposed to 231 they beat Wow somebody sweep the $300 calls by selling before market close Sales was 51 point seven billion as opposed to fifty point eight eight So top and bottom beat You know in terms of earnings per share and and and sales 22% increase compared to the same period last year And 20% increase in sale compared to the same period last year, but let's ask ourselves What was the stock price a year from now right a year ago? Last year was trading on $230 $230 pricing in that regular 1.2% increase year over year. Yo, Microsoft was kind of overpriced at 350 In terms of stock price appreciation, right? 1.2 at two point two hundred and thirty dollars is 276. So we're coming down to that range right here But let's look a little bit more Let's look a little bit more into the statement. Let's see what else they said see if they got anything good going on But this is not good for the market. So last week. We already had Netflix kind of like and we talked about this too We talked about how Netflix could potentially be the guidance in the market of how things were to to happen with tech ERs, right? And that's being one of the first things first tech stock to really report So we saw you know, we saw how ugly it was they you know, they had a decent earnings But the guidance was so bad that it took them they got beat up They got smacked down And then market was barely hanging by a threat market was hanging by a threat and and then needed to recover but But um, you know, they didn't make it happen So I mean and Microsoft is a good company man. We like Microsoft. It's a good company. We know it's strong But at the same time, you know Microsoft it's a humongous company and And the growth is very very hard, you know When when somebody is so big it's very hard for them to grow. It's like it's like it's like trying to watch You know, like a like a 200 pound the 300 pound basketball player running back and forth across the you know Across the court or like a big football player, you know Making like crazy moves. It's gonna be horror man. It's gonna be horror or like a truck man You know, imagine you're driving driving like big tractor trailer truck You can only hit the brakes so fast. Actually, you don't even want to slam the brakes because you would die So the Azor their cloud size grown 32% you over here Microsoft seeing some recovery nice. Let me see if they say anything about share buybacks gonna We got to look for that because if they say something about share buybacks, you know what we need to do We need to buy the dip They said they're not gonna announce earnings guidance until the conference call a little bit later In regards to share buybacks, they said they already bought 10.9 billion dollars in terms of that and and and dividend so Definitely not announcing any more buybacks at this point because they probably announced that a while back Let me see if they say anything about metaverse no metaverse here Anything about VR No key words man. Come on Microsoft. What's going on? It's going on with you. You know the key words gotta say those key words for us to follow Let me catch up on the comments Apple be like next probably probably Java we got we got to chart spy to see the bounce off the downtrend line. Yeah, we got to see that Oh, yeah, you guys are here yesterday, right? You remember the line that we're talking about yesterday So for those of you guys that were here yesterday remember we talked about how we were at make a break area. Let me show you Look how crazy that is man. We got smacked on that line yesterday make or break We we broke under right we came back up and then we beat it We beat the line and then we made it double top So we're man. The market is so we're could not make this up, right? Look at that came back to that same area double top. We checked it now. This is typically bullish Okay, this is typically bullish on on the market on spy. This is very very bullish move So in order for a bullish move to happen, you need to touch that that resistance You need to back test that a little bit and then you need to break over the resistance, right? So it was trying to break over this line resistance moving average resistance But then it got doubled it got weakened here And then now is using that moving average as a slingshot back, right? Now that is what it's supposed to do that is what it should be doing But if Microsoft end up, you know going down tomorrow, guess what? This this possible move back up the supposed bullish move back up to here, right? It's gonna end up being another flood down here It's gonna go from a nice bullish back test pattern to You know, what's gonna what's gonna happen? It's gonna go from a nice bullish back test pattern now This is a back test pattern here, right? So moving up. It's gonna go from that to the end pattern Boom You know what the end pattern first is just a double bottom pattern now we talked about how bullish double bottom patterns are but Double end patterns double top patterns I'm sorry, man They don't want to say that to you guys there. I know there's still a lot of bulls here, but That's what it's looking like to me Let's check out some of the other earnings And I'm not saying short I'm not saying short the hell out of it But definitely don't be anxious to go long right now. Be careful going long Don't even like might might have been way on the sideline before we go long But let's check out some of the other earnings. Let's check out Texas instrument. Oh Why they down no guidance from Microsoft, that's why good good Microsoft is a buy as a revenue growth was 45% you over here Of course, it's always Microsoft is definitely a buy bro. Why not man? But you know doesn't mean that the dust can't settle further down at the same time Market is so dumb sometimes It is ugly for the market brother. It is It is man Microsoft Microsoft wants to be everybody wants Microsoft in their portfolio. It's like why not, right? It's not that they didn't be enough. It's because they their price appreciated so much more than their opportunity to grow, right? I think that's the biggest problem and and a lot of these guys do sandbag it too short the entire market No puts no puts just sideline just sideline man sit on hand on Microsoft Rb. Nicco man, you're itchy lately bro anything on activision. I haven't seen anything yet Probably gonna listen to the earnings report later on. It wasn't good earnings. It was good earnings, but Um, it's just you know, it wasn't a crazy It wasn't a crazy beat because we looked at the price, right? The price ran a lot more Whereas they only made 30% year over year Texas gentlemen beat damn. I don't know if I can catch up to the message at this point So much message Oh looks like you guys have both in Microsoft Oh my god Rb. Nicco, you bought an amazon. Yo later on tour 5 p.m. Ask me about amazon I got something crazy to show you guys 420 for next monday Nasty Nate. Good luck man fortune favors the bow Yep Damn so far someone pointed out something about the army Google not being ready For Microsoft. What do you mean? That's true. That's true. Actually. Yeah Earl you're right man. Microsoft can still come back Metaverse ev coin baby. Oh my gosh For I did tomorrow my man says I drew a downtrend line for spices That's been a Sure, uh, feel free to send it. Let me see what you got I've been itchy scratch that yesterday only good companies. They'll go along. No more bs companies L. O. L sickness Looks like the move us a sickness subscribe to us yesterday. Thank you again if you're here Dump dump dump pump couple magic says I mean most are their army vr. Google or not yet combat ready Goggles and that that's the only negative in there Hmm. All right, so let's check out texas instrument now that I caught up at the comments Texas instrument earnings per share $0.27 beat estimate of dollar 94 sales is 483 Um 4.83 billion as opposed to 4.43. Wow big difference there Um 26 increase compared to the same period last year And about 18 percent increase in sales compared to the same period last year Now let's check. Let's see what the price was trading last year last year company was trading 160 dollars Um, they had about 20 percent increase in sales give or take and 26 percent increase in uh Eps, right? So let's take like that 160 times 1.2 So same kind of growth as uh microsoft So obviously they moved up because their their price appreciation is relatively reasonable. Um You know compared to last year they actually a little bit under so they have you know The price was only trading 173 It was going down with the market and the whole semi sector But they actually didn't run as much so they could be fairly value around the 190 area Even compared to a two-year basis. They didn't run that much Considering that semiconductors were doing extremely well, but let's see what their next quarter guidance is Texas instrument sees q1 earnings per share at $2 to 229 as opposed to $1.90 estimate So they're like next quarter we're gonna kill the margins our revenue is gonna gonna slap, you know, we're gonna do good So sales is 4.5 to 4.9 billion dollars beating the estimate of 4.36 Or looking to beat the estimate of 4.36. So very strong man. This is what we're gonna see in the market If microsoft could say something like that, we'd be good. We'd be good You know because this is juicy. This is what we want to be seen Uh beat top and bottom and just slap in across the board Yo if texas instrument was uh, was uh, was a girl right now as a female walking down the street Mmm She'd be looking good She'd be like showing the cleavage everything her body would be so fine. This is by the div but hasn't that though So let's see revenue increased 19 percent talked about that cash flows good too q4 compared to last year revenue operating profit very strong operating profits 38 percent then comes 27 percent Nasty naysays. I got a booster today invincible now. Nah, bro. More like you got the booster. You're gonna be getting a beatdown today You're gonna be feeling like trash Good luck Good luck Yeah Oh, damn. Sorry, erie. I didn't know you were here. My bad. I apologize if my comment was rude I actually have I actually went 60 cash in my long-term retirement account Um between friday and today I started selling off a lot of stuff I you know, I didn't really want to sell apple But god damn seeing how bad netflix got hit. I got shook I got shook man. I was like, you know what it didn't even hit that 135 stop laws But i'm out i'm outies, man Got a lock in this profit in case we get an omega crash. I want to be ready to buy the dip So I went like 60 cash Um, I bought the dip on some garbage stocks. That's already been beat up Let's let's see what jawa got for us Okay, makes sense Good chart good chart Possible inverse head and shoulder on the sloppy side right there Right, we got that inverse head and shoulder sloppy in first head and shoulder Can you see it? But That will get invalidated the second we lose this area 426 That that sloppy inverse head and shoulder would get lost once we lost once we lose 426 so watch out for that So texas instrument definitely something to keep and watch If it comes back down due to market downtrend This is probably going to be a good stock to buy the dip on if it comes back to 170s again Um, and I wouldn't be surprised to see that just because You know market is so uncertain right now. Let's check out some of this other companies MRTN Earnings per share is 30 cents as opposed to 26 cents sales is 266 million as opposed to 262 So that's a beat top and bottom 25 increased compared to the same period last year And 17 percent increase in sales compared to the same period last year Stock price was trading around this range 15 to 16 dollars Pretty discounted. Let's see if they have a guidance their guidance guidance no guidance Our pretty reasonable price They're making good money yo, honestly They'll probably continue to make good money just because supply chain issue is so so like so stuck right now The only problem is are they having labor issues? So this is what they do I love how they have some some super boomer Picture Is this real? There's some midwest some midwest They said this quarter had the best operating revenue operating income for any quarter in our history The best They're expanding This is bullish. You want to see them expand? Yo They put solar panels on their trucks That's dope And they got solar everywhere so green man green energy I like this company Wow, did you guys see that candle that just popped on microsoft? It went from like 280 to 288 one shot Holy smokes Or they tried to they tried to do it but um Too much selling pressure in between. I think maybe it was a call being exercise or something I just looked at it on my to s and I saw this one pop. It was crazy They're really trying to save the market man. It's like I feel like the mm was coming in the the the mms. They're just coming in and trying to like How they're doing everything they can bro. They're like they're holding the rope man It's like oh my god, don't fall but the market is like a truck right now This is a good company. I like this company actually Hold up special dividend scam This is a good company. I like what I'm reading here pretty solid Um trading at a good level probably a good buy to dip around 14 15 dollars Let me look at the chart marty and probably put this on post this on the weekly chart um Put an alert to to set a buy order So I just put an alert for that if it hits it hits if it doesn't all well, but I would probably like it if it comes back to sub 15 dollars for a good buying area That was a pretty good earnings. I liked it. I liked what they're doing. I think you know, I like the company overall And I I feel like trucking is still going to be very strong because we have such supply chain issues right now Um, they're just constantly going to make money Let me catch up in the comments a little bit Oh, yeah Man, I wish is anybody good at making like a a gif man I wish we can get somebody to make a gif but like like this like This is this is microsoft right now. It's holding on to the ledge, bro But instead of a person right here, it's actually The whole stock market is like a truck and the truck is just dying like it's about to fall, right? We have like 10 people here trying to pull this truck up And you know that it's almost impossible to hold the damn truck up because it's about to go man like this Kind of like this man I would love to see I would love to see somebody make a gif of this We're like this is microsoft And this is the whole market and everybody trying to hold it up like please there god, please Please Please microsoft don't drop please Or this could be the market and this will be like maybe this will be You know microsoft and then you'll have like, you know I mean, this will be like spy and then you have microsoft You'll have tesla and then you have apple. What are the big earnings? We got what are the big earnings we got here? um, let's see Oh, yeah, you know we'll have uh daddy powell in the back, right? Yo, I I I think we'll sweep it. We appreciate it This is somebody does it so you got tesla coming up, you know, we have like apple coming up Holding it and then and then maybe we'll have a midget, right? We'll have a midget at the end of this rope over here Um, like a like a kid like a maybe a tiny person or maybe just a dog, bro Maybe a dog like like brian from family guys and and that dog will be called robin hood, you know It's just like a little person trying to hold it like robin hoods on end of that rope Like Lee don't die. Don't die. We need you Everybody is trying to hold the market together, but it's just not happening Oh my god And then i'll be done. So just from covet, you know, i'll be i'll be done from covet and and you guys won't even see me no more two weeks time That's smart. Uh fiat world Oh, actually do that's a really good, um Thing that you bought up. I I did the survey the other day, right? so I put the survey out If you guys have a chance And i'm gonna i'm gonna share this with you guys too Um, so right now I put out a survey. Take this out Um stock market survey, you know for so I had this idea where we could have i'm gonna make like two different funds, right? For my retirement account for my regular account and one of the one of the one of the strategies I want to focus on is like having 40 in long term safe dividend This fund is going to be called a safe fund, you know, uh, if you guys trade crypto, you might be familiar with safe food Where where um finance ceo would come out and he would be like your funds are safe, you know um So this would be the safe of one where you're tired of taking ls And you just want to invest in the market and and walk away, right? So this would be focused on 40 safe dividend stocks 30 growth stocks um 10 small caps could be something like Matterport right because that's such a bullish small cap company with great potential So that's why you want to have a little bit, you know percentage in that and then we'll have 15 cash at all time for rotations and buying the dip Kind of like what fiat were saying there for for the opportunity to be balanced, right? And then when time, you know, when the time comes You can even add these ETFs these bearish ETFs like could be like could be a volatility ETF like vxx Or it could be like sp xs that um You know, that's kind of there to to help out Um during big downtrends like this right now um, so those could kind of condition or you know hedge some of the The drops and then the other plan the other strategy I have was like, you know, what if we just straight up buy the dip, right? um, so it would just be you know btd gang um anything over this price and and whatnot So check that out. Let me know what you guys think Let's check out some of the other earnings And then you guys can also put like what stocks you you want, you know The problem is that seven percent s&p was pushing to the top until today the rest has been sitting and asked for a year and a half me Q y ld is a good Dividend stock in a way. Yes and no because it's based on the NASDAQ Um, it's good because if we chop Um, and it does pay out pretty well It's not bad, but it's not also crazy growth either because a lot of the payout gets paid out in dividend They probably use it for like small devices in the truck because you know most trucks are super like um It's like super. Oh It would be separated market challenge. Well, she bets versus investing. Yo, that's true. It would be like that, right? One of the strategy would be more more catered to a wall street bit and other one be investing 15 cash Warren Buffett says 40 percent That's true. It does it is Berkshire 40 cash right now We should check that out. Um, let's check out some of the other earnings Oh, send me that one. Send me the spider man one. That's a good one F5 networks earnings per share is 289. That's supposed to 278 sales is 687 mil as opposed to 676 11 percent increase compared to the same period last year 9.99 percent increase compared to last year. Let's see what the stock price was trading a year ago um a year ago was trading around this range of 210 to possibly 192 So slight increase compared to last year. They probably They're probably pretty reasonably priced around this $200 area Oh, they dropped 31 dollars Coming back to value right here actually What are they saying? What's what's up with the guidance guidance must be trash Guidance has to be trash Sales at 610 to 650 mil versus 692 mil. I knew it. I knew guidance had to be trash Yeah, so they don't think they're gonna meet the q2 sales for next year next quarter Um, it's gonna be even lower than this quarter. So that's pretty ugly there So maybe way a little bit more Um to buy the dip. Let me see if they have a press release Just slow growing company man eight to nine percent growth So they said next year further expects fiscal 2022 revenue growth a range of 4.5 to eight percent as opposed to eight to nine percent So last year, I mean or early on they thought they were gonna grow about eight to nine percent um, and now they're already coming back to four percent, right? So that's That's a that's a huge revision almost 50 percent What's the two-year basis of this company? Two years the company was 134 So, I mean if they're only growing 10 percent a year From 2020 2021 and then they're looking to grow another 4 percent You know, or maybe another 10 percent and then 4 percent afterwards. So let's take 134 From 2020 price times 10 percent grow times another 10 percent grow for 2022 um And then I mean for 20 end of 2020 2021 2021 to 2022 which is now and then from 2022 to 2023 They think they're gonna grow about 4 percent Oh, that's pretty far off man. That's like 168 They might have more rooms to go Burk has 149 billion cash on the balance sheet the largest horde Companies history on a similar note while burk has made some relatively small stock purchases And it's probably recently it has spent more on a single stock in 2021 than on all other combined Elon toy he'll eat a big mac on tv if Madonna accepts the witch coin. I saw that Elon is going crazy, bro Let me see. Let's see Elon must I saw that he's going nuts Yo, what's up with this What's up with Elon's new background picture? Is he like saying invest in the metaverse? Be yourself. No, not like that He's like, I would eat a happy meal on tv if Madonna accepts dogecoin Yo, it's like this guy trying to pump dogecoin again, man He he is probably the the single person that's in charge of like, uh, buying the dip on On on dogecoin Probably he probably bought the dip on the the stock market too. He probably bought the super dip on the On the on the bitcoin as well What is this, uh Twitter, right So you can connect your wallet to twitter Oh, wow, he's he's pooping on twitter, man He's like twitter is spending engineer resource on this bs While crypto scammers are throwing a spam block black party in every thread That's true, man How they're like trying to get people to to like connect their crypto wallet to twitter When there's like they can't even block the spammers and scammers on twitter Gotta agree with Elon that man The market right now the market right now That's true, man, like Madonna was like, uh Honestly, I you know, it's a good idea. Madonna should do it. I mean Don't they have enough DJs working there? Isn't that the next thing if you if you took an L Why wouldn't you why wouldn't you go work at Madonna's to make your money back? Oh, no, don't say things like that Cause I'm a Thanos. Why not? I guess What happens to PayPal? What happened at PayPal? What do you mean? All right, let's see if there was any other earnings we should check out. Let's take a look at PayPal Hmm Oh, they provided a summary. All right, let's take a look at the other earnings try Is stride the insurance company? Oh, no, it's not It's an online educational company me earnings per share is a dollar as opposed to 77 cents sales is 409 mil as opposed to 395 66 increase compared to the same period last year Um last year's trading on 25 to 23 So how little bit more of here? Um, and only 8 percent increase in sales compared to last year I'll probably save money from people at home things like that Guidance is pretty good. Um top and bottom in terms of sale for your sales Is there any other earnings that you guys are interested in that I should look at? Or should we go to this morning's earnings? Oh capital one also important. Let me just check this out This is the way sometimes I do a lot of thinking there too Capital one had earnings per share at 541 as opposed to 530 sales is 812 as opposed to 792 2 percent increase compared to the same period last year 10 percent increase In sales compared to last year Company has raised, you know increased a lot 100 dollars to 150 almost 50 percent increase Um two-year basis as well II So looking a little bit high in terms of price appreciation. Do they have guidance? No guidance Check out earnings from this morning Back to this morning GE reported Q4 earnings per share at 92 cents as opposed to 87 cents Sales is 20.3 miss 2148 Trading back to the similar price from Lashers Other things all messed up. I can't even see what their Thing is Oh sales direct club Smile direct club suspense operation eight markets cut staff Oh, it's over man. They're about to get bought out. Hopefully somebody buys them out um What a flop That home So there's suspending market in Mexico, spain, germany, netherlands, austria, hong kong, singapore and new zealand while Continuing to operate in And scale in on presence in the u.s. Canada and the uk ireland france in australia Is that a really strong move there? I feel like they should they should have I mean it's tricky It's hard to expand in asia as well because You have other competition there They've been trading fairly value to a certain extent about one-to-one price of sale Um, but things are hard for them. They've been going down the turn down trend ever since the IPO um IPO around 20 dollars now it's two dollars almost Wow Tangible book value around dollar 56 They just can't make money. They the earnings has been really bad. Let's check out j and j Young bow. What's up earnings per share is two dollars and 13 cents as opposed to two 12 um for j and j sales is 24.8 billion as opposed to 25.29 Had a pretty strong quarter um I mean had a pretty good increase This is a 14 increase compared to the same period last year and 10 increase in sales So last year they're trading around that same price range between 159 to 170s And they're doing better this year than last year. So obviously the market Take them up from 160s to 167 Sometime looking at the previous data helped a little bit 2020 versus q4 2020 2021 They're doing good across the board Consumer health really picking up from a sumer pharmaceuticals picking up medical device No, we purchasing No split So they said they've been having some pretty reasonable growth memory gel boosts breast implant what Mentors memory gel. Why is it called mentor? So where? 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Oh, no. Oh, no. I was worried about that too. That's why I was scrolling so cautiously Wait, is there lie to me man. There's no pictures There's no pictures man Lie to me But yeah, that was a pretty interesting earning. They did pretty good compared to last year and they're trading somewhat discounted um So they said 2022 adjusted operational earnings per share growth of 9.2 percent and operational sales growth 7.7 They also paying the 2.6 dividend too. So you got to account for that But I think anything around the low 150 160 ranges are probably good buying opportunity His guidance is pretty strong here Xerx also reported today Somebody said NVIDIA is getting slapped after hours is it? Oh You guys got to be careful about NVIDIA man so dangerous Xerx had a pretty good EPS miss sales um Doesn't say how much they're growing for last year Full year 22 sales expect to be pretty in line as 7.1 billion as opposed to 7 billion estimate Oh, you know what the one good earning I did see today was a max and and MMM Which is a 3m So 3m says they they had earnings per share of 2.31 as opposed to two dollars And that's a beat sales is 8.6 as opposed to 8.59 Top and bottom beat but 2.9 percent decrease in EPS compared to last year's So last year company was trading around 173, right? And then sales is pretty flat compared to last year's dividend is at 3.4 percent so I think anywhere on this $170 range is pretty interesting on a two-year basis February 2020 the company traded 156 Before the whole market downturn So if we chop somewhere between 155 to 170s, this could be a safe place to park your money Let me see if they said anything good But it's also a super slow company. You only park your money here if um You know you don't want to Be stuck with the market volatility Barely growing man. They're doing too much restructuring Wow, they also we purchased 2.2 billions of this year's too and that didn't do much So not doing anymore. We purchased the company does have a lot of cash on hand 4.7 billion Pretty reasonable, but growth is mass slow So generally people don't like to invest in these companies that are growing very slow But it's but it is a safe place to park the money They said they're gonna announce the outlook Um on February 14th So we might see some move there. We might see some move there if you guys want to go along on that So February 14 three Check out axp They had a pretty good earnings the stock move like crazy today Hey, what's up QZ? Um, yeah, we did look over microsoft. They had a good earnings top and bottom Um, but at the same time they also didn't provide the guidance yet And they um, they said that they only had about 20 growth So if you look at microsoft's price from at the same period last year times their current price Times 1.2 percent, you'll see that is like pretty pretty under their current price appreciation um, so You know, what that means is that the market was really frothy and the market just kind of Priced them in for such amazing growth that they haven't been able to You know accumulate yet But email obviously it's it's a good company. It's only gonna grow further with the cloud and the metaverse But they didn't say any of the keywords either So I'd love to see them talk about that But at the same time I have been an investor of microsoft before And I know how good that they are at the disappointing investors man. I know how good they are because I think I held them from like 2013 to like 2018 And oh my god, man, I remember selling them Because I just got so tired of not seeing any growth out of them They they they know how to flop so well too with like The history of nokia and all the other stuff they did think barns and noble They had a partnership barns and noble to make the next amazon kendo. They completely flop on that They had a partnership with nokia to make the next, you know smartphone Completely flopped with that man. It's like come on Why you bother getting into it So a max earnings per share 2018 cents as opposed to 187 sales is 12.14 billion as opposed to 11.5. Wow 23% increase compared to the same period last year in eps And 29% increase compared to the same period last year in sales Let's look at the Increased compared to last year last year the company was trading around 115 120 Speed generous let's go to 120 times 1.29 Actually, let's go in the middle 1.25 Kind of puts around 150 All the guidance here I could see why he ran up pricing in from that level here. Oh, actually compared to a year ago that was kovat so Was there guidance for a max because they moved so much 157 to 172 I guess people are pricing in that they had a pretty good earnings They had a 30 growth and people are expecting that to continue But if we start going into a recession that probably won't continue You know things get pretty bad Verizon had a pretty good earnings today too Um, kind of chopping pretty pretty cheap to a certain extent last year's trading price was on $54 um Earnings per share was 23 percent increase 30 percent increase in sales Um guidance is very in line pretty in line here Um, so 5.4. Let's say on the low end of 5.4 5.4 divided by 4 pulling about about dollar 35 eps per quarter Which is in line with what they've been doing too. So I think that's a pretty interesting company I'm still down pretty far from kovat price Lockheed martin. Let's check that out Tesla will fall. We're gonna check. We're gonna chart out. We're gonna chart out tesla. I'm gonna chart out amazon I'm gonna show you guys something crazy. I'm gonna get you guys riled up, man Eps $7.47 as opposed to 715 sales is 17.7 billion as opposed to 17.66 Pretty good for for lmt uh 17 increase compared to the same period last year and And three percent increase in sales compared to last year Company was trading around 338 340, but it's been running up because You know, um, how much for the sales increase four percent be generous or give them four percent 353 Two-year base is pretty cheap too for 40s. So it has the potential to come back to four 40s I think people are also pricing in like a good move for them due to the war We're on the brink of war, you know between everything going on with with uh, taiwan and china North korea and south korea Russia and ukraine all over the world man. Everybody's ready to throw fists I mean, of course, they're gonna be 2020 members because they had a record loss in 2020 So it's easy to beat that. They just need to continue to do a lot better than 2020 and 2019 66 About 16 so pretty in line with net sales They're not pricing anything crazy They said they're gonna make about the same that they're making this year If not a little bit less at 66 net sales As opposed to 67 But you know like considering they're pretty far away from their 2020 level we can see recovery I think they're being held down because of the the jet etf the You know the whole airline sector just being weak in general. That's why they're being held down But they're trading pretty okay. You should value No one said that a crypto blow up when we go into the recession. Look at the btc in it there I agree with that man. Of course. It's a risky investment PII PII manufacturers off-road vehicle So they had a good beat 2.16. I suppose 2.03 2.17 billion as opposed to 2.13 next year is going to be slowing Down a little bit. Maybe I don't know. Um, they said that they're actually seeing pretty good growth They're gonna see a pretty big move compared to estimate, but 1010 divided by 4 probably put at 2.5 That's strong Pretty strong, eh? any repurchase or anything 17% for a year. Oh, this is like the boat and stuff, huh? outdoorsy stuff Only 1% change Looking pretty flat 12 month wise Down some money. Did they buy some company? Oh sales actually gonna be a little bit lower 2.3 billion Never mind A year ago company was trading around here 128 two year ago Trading pretty pretty fairly Um, I guess a hundred dollar area is a pretty good range to buy They're gonna continue to grow. They're gonna continue to do pretty well price of sale is pretty cheap compared to industries um at 0.8 price of sales Um, usually anything above one is pretty good I feel like I almost compare them to like one of they goes 0.5. Oh, never mind. This is pretty low as well Um, what about Americans outdoors? That was a o ut pretty in line I guess it's pretty pretty reasonable compared to industry um where the industry average price p to s is um p s is a point I work for a max and things are looking very bright for them at the moment I can keep at this level only connect this close more I appreciate that You know, I actually like I actually like a max because um, I remember they said they they got approval to get into the china market like a year or two ago And that was I think that's a big thing for them. I don't know if they talked about it lately but And let let me know if this is something that makes sense, right? Um, but I remember them being like one of the first ones that says they're trying to get into asia market And that was like somewhere in a cheaper range too. I remember correctly So I would love to pick them up again, but probably not at this level probably at lower levels um, because Because I think china hasn't really even gotten into the credit card market yet. Um Like having experienced in asia they're they're like mostly They're pretty big on like just spending what they have And they haven't gotten into this american culture of like spending more than what we have and like And like buying everything on on on credit and stuff like that So I think there's huge opportunities for growth there as like as they get more and more people to spend more than what they have Whereas like america has already kind of peaked at that And they're so they're so strict over there too that you know, there's not much credit card company that can get in there Oh, there's a crypto a max rumor. What is that arie? Tell us more Nice nice. All right, so let's check out spy. Let's look at the smp 500 and Then we're going to look at amazon and tesla as well Yeah, real estate builders are a bit crazy over there. They have a tremendous amount of credit from the banks But the common consumers don't have access to credit like that over there So I think that's what's very very interesting. All right, so es actually doesn't follow the chart that well But spy surprisingly did for some reason So I know that we usually look at es a lot more But might be time to start looking at spy because that's where they they want to manipulate things Markets also going down a little bit after hours So we talked about this a little bit earlier You know, we had a nice little inverse head and shoulder move here So this is the head of the inverse side inverse head and shoulder strong move had a move here We talked about this yesterday actually We had a move to the top there. So ideally we would have that pull back and it's supposed to have It's supposed to be pretty good because you want that pull back to have a higher move higher So you can see that happen there And then we got some some semi bottoms on the inch HR over here today higher, right? And then we come we came back we touched the full top here Now we're coming back to bottom of the trend line here as you can see Bottom line had a pretty good test Normally, this would be up going further and further having the full recovery maybe back to 455 However, Microsoft earning was pretty ugly. It took the market down a little bit And it just might be enough to actually Switch this pattern from a bullish pattern to a bearish pattern like this So we talked a little bit about, you know, typically market would be bullish And with the way that it moved yesterday to we grew in GTW this morning So this is the bearish pattern that we have where The bullish pattern is going up this way. The bearish pattern is looking at double top Now we're going to switch to the double top to the double bottom where this is what is very You know, sexy to look at the double bottom. So as you can see here Right typically, this is the, you know, very very good double bottom pattern So but look at that So there's there's really multiple directions that things can go here. Um, this is one of the way so For for this this bigger pattern to play out We would need a break under, you know, kind of breaking under 430s to really confirm that move down If we break on the 430s, we're probably gonna hit We'll have a good chance of hitting the 420s from 430s. So there's no need to jump the gun there Um, and then if we end up holding in 430s There, you know, even if we break this trend line down a little bit if we end up holding for 30s We we still have a pretty good chance of breaking above here Uh, if we can break above 440s, that means we can come back to even 455s So these are some big moves that are possible there. Um, then go into the long term perspective On some things I was looking at in terms of amazon and some of the other companies so I was just I was looking at amazon today, and I was just thinking Like amazon is chopping whole year, right? I know some of us like like, um In my opinion, a max has zero chance to compete with bob on 10 cent um I mean 10 cent does the the way chat. I don't know if they have the ability to do a credit market I'm not sure about amazon. I'm not sure about halibaba as well, but I know that like I know that like the a max is really popular overseas too because it's very premium very prestige So they might be able to lock in a lot of the big spenders too like big ballers as well Whereas previously they it was very hard for them to get credit But yeah looking back into the bigger perspective of amazon, right? For some of us that's been looking at amazon, we're like, hey, you know Amazon has been chopping all year from 2020 to 2022 Like it really hasn't moved anywhere and and they have some great earnings Here and there and they're a phenomenal company, right so big with aws and all that stuff the cloud How could they not how could they not? You know, how how could they drop so much but at the same time Let me give you the foot, right? Let me give you the alternative perspective on amazon and aws now By now everybody knows that aws The amazon's, you know web services the best, right? By now everybody knows that it's it's a leader Without a doubt the leader in the space of clouds. It's really good. It's it's the biggest money maker for amazon, right? But at the same time Guess what this was something in development for for the last five ten years, right? Um, and and this is where that big growth on aws was from 2016 2018 And I think I could make this reasonable argument here that in 2018 That was where aws peaked, okay? Where amazon's cloud service kind of peaked at market share at 30 percent market share They haven't really grown much market share from that And and 30 percent market share may sound like nothing but when you talk when you think about like so many competitors in the space from Microsoft the azure cloud you have google cloud you have um You have oracle, you know a trash company and then you have like all these other 10 other cloud service companies And then you have 10 cent you have baba on the asia side You know you have so many competitors in the space like probably 10 plus competitors in the space And five of them are notable so For amazon's have 30 percent market share in that space Is already very very strong But at the same time they also haven't haven't been able to grow that market share above 30 percent um But you know who else who has been able to microsoft and I wouldn't be able I wouldn't be surprised to see like other people coming up because when you're at the top It's easier for you to get smacked down You know, especially when you have other people that are just as strong and have just as much money as you So that's I think that's going to be a very interesting perspective. You can almost see on the bigger picture here It's a head and show the pattern You can see that on the bigger picture here Especially since we lost that support over here at $2,800 area That's a big support and they lost that there. They lost that major support They lost the moving average man the hundred moving average Our mo b line, you know, so I don't know it That that's the amazon foot That's the amazon foot On the technical level it doesn't look good either You know, you guys know how hidden show the patterns work out. Usually you have a nice shoulder around here Um, you know, this would be the head It was it would be the reversal and then you know typically coming back to the shoulder before finding the bounce Oh, whoops, I didn't mean to draw the deal though but you know It's kind of it's kind of like that. It's looking like that In that range Could it come back to, you know, 2000s? I don't like the possibility could be there if the whole market gets crazy, you know The whole market gets really crazy. It could it could I don't know I don't want to but I think it could And what's $2,000 that's only like seven hundred and a dollar down from that, right? Uh, what's up little rock Little rocket That's baby fun Yeah, it's just it's actually it's actually not fun It's actually um, it's actually good because we want to be buying the dip, right? We want to be btd on that That's our btd gang So look at Tesla on the so But to get to add further on this flood, right to add further on this flood Um, now, you know, we talked about the head and shoulder pattern So for some of you guys that are new Oh, no, not not this head and shoulder So for some of you guys that are new and you want to check out the head and shoulder pattern I'm gonna paste it here. You guys can read about it. It's typically a pretty bullish. I mean pretty bearish pattern. I'm sorry Um, and it's a pretty common pattern that plays out a lot So look at Tesla Another possibility of that head and shoulder pattern right I mean, can you guys can see this, right? So it's starting to look like everything in the market wants to make that pattern the only difference between Tesla and and um and amazon is that you know It hasn't really broke the mob line yet on the weekly Um, where amazon has already broke it And then, you know, we're we're still like backtesting the mob line over here on the daily So it could still come back to bullishness if it could break above this mob line at 950 So earnings could have a possibility to pop that if earnings doesn't pop that. Oh boy Oh boy You don't even want to know You don't even want to know I might start taking a put calendar to 575. Let me look at this. Let me look at this Let me look at this man Crazy, right guys? Oh, wow, you know what's great about tesla is that they have so many monthly contracts So This is our target our target is down to here, right? Um between 580 to maybe 650. Okay So let's drag this all the way down Tesla fanboys, please don't kill me. I'm sorry Just just talk it in dairy. Okay We're just talking in dairy stink of me like talking about this as a way to To I'm thinking of worst case scenario. So you guys don't get burned Damn, so expensive So let's say we think it can move to like 600 dollars Somewhere around here damn, it's so expensive, man So goddamn expensive Can't play it Yeah, you know, it's always good to have a doomsday scenario in mind It's so expensive. It's hard to play All right, you know what? You know what if it's gonna happen if this is gonna happen if something stupid like this is gonna happen It will happen Within this time frame right of march and april, you know, if we're gonna die we're gonna die between this time frame Look at the 600 dollar pot Yeah, yeah, if we're gonna die we're gonna die in this time frame march 18th april 14th um 600 dollars So if it hits there between now to end of march if it hits in the march you make four thousand dollars So the risk of war is about 100 to 500 percent Pretty crazy So that's if it comes down here Um, but that's a big move man. I don't know if it comes down here in that time frame such a big move I would hate to fight the tesla bulls in this It would have to break the super super uptrend here, too Yeah, if we're gonna die like this would be the time to die, right? But honestly, it really has to break this area here, too. This is gonna be an area to break um that area breaks And it would just have to be something so stupid that they have to announce an earnings for them to like Just flop too, but it's definitely something to to be interesting to watch. I think short term bearish is 800 dollars short term like if we're we're gonna get bearish on short term It'll be 800 dollars. This is the pattern right here. Um, you know the the trend line on the top trend line in the bottom um Also this other trend line over here would fit too So it'll probably somewhere like that, you know Probably somewhere. Yeah It all lines up to that 800 dollar range. So if we're going down 800 dollars in the down move if we're going up A thousand dollar plus easy So both scenarios could play out um, but Stock market is a game of probability man. The casino is a game of probability You have to account for all these probabilities So that's what all we that's that's all we're really talking about here probabilities like You know But I didn't like that lost the MOB line here. No, this is the first time it broke it So I hope that helps on on on tesla Is there any any other thing that you guys are want to see on a bigger trend? Any other stocks you guys are extra bullish on and you want to get crushed? Apple IBM not much to be crushed there I could tell you the history of IBM IBM has already been beat up so much IBM has already been beat up a lot um Because um, I I know like IBM used to be a big hardware business and And they moved them hardware to software because You know, they they figured that cloud was the future, right? So they sold off the whole hardware division to Lenovo. I think it was a chinese company at that time um And then they moved into the cloud business bought red hat and and whatnot A blue hat a bunch of other companies they bought they tried to merge it couldn't happen Colder to make sense engineers quit Um, and they just haven't been able to grow off of that. They made a few AI Um, they made some smart AI things. I think they made AI Watson Um, but that also didn't work out that well. They're trying to get into the medical side, but Nothing really happening there too too quickly There's they literally I think they're they're um, they're literally trying to give it out for free too But the medical company has to be big enough to take it Had to be a big enough customer for them to consider giving out for free So they're the crazy range. They they said they just turned profitable They're still down from 2020 levels So you could say in a way if we're looking at stocks from 2020 that hasn't recovered to 2020 level yet This is one of them. Um Could they get there? Yeah, pretty reasonable. It could happen Yeah, it could also be you could also watch the 50 and 102. So let's look at the qqqs So you can also look at the 1500 I mean my moving average is already crossover So we're really getting a semi death cross on the shorter time frame Usually when the moving average crosses over it signals like a death cross But a lot of times once that happens once the moving average crossover, it's already happened We're already like extremely bearish But um, let me show you the other time frames that happened on the qs So since we're looking to look at the qs, right? So let's look at the other time frame that happened with march, right? Once the moving average crossover usually signals bearishness, but Like these are delay indicators because look the bearishness already happened Um, usually we don't get a super recovery like we did in march. We've got a v-shaped recovery So in 2018 when they raised interest rate and the interest rate peaked at 2% around april of 2018 I mean april october 2018 So we've got a bearish crossover and we have hanging out there for a while Hang out there till december for two months So I think that's a possibility that could happen right now with that bearish crossover Um, and it could take a while for recovery. So that's a lot of downtrend there and techs always get tech company always get beat up because They they always spending hardcore a lot of big techs like you know even Like uh, like lyth uber Um, netflix all these companies are usually running at negative profits And they gotta borrow a lot of money to keep growing. So when they have to cross over it's usually pretty bearish, but We already had it really had it man really had to cross over We're just gonna find bottom at this point to that cat bounce from So that's qqq and spy um Let me take a look at upst Has the upst even dying You know, we looked at earnings for upst too. A lot of the subjects didn't make sense It was mind boggling to me because Look the company ipo over here, right? december 20th 2020 um december 2020 ipo around 44 dollars, right the company grew Company revenue growth was about 38 percent year over year Um, but keep in mind the company isn't profitable, right? The the revenue growth is around 38 percent year over year um Actually they they did hit profitability But originally it wasn't profitable. So 38 growth year over year And let's say it was like 40 dollars, right? 40 dollars when the ipo so i usually ipo is already pricing three to five year growth But let's say it didn't right, you know, let's say we keep that growth caring. So 40 times 1.3 eight Times 1.38 again pricing for two year pretty good grow. So 76 dollars Company traded at 400 dollars. How much growth was their pricing? And plus the government's attacking them. They they don't want them lending out too much money and things like that It's gotten to the generate So that's food for thought on that I know it looks like it came down a lot. It looks like, you know, 400 dollars back to 100. That's like a 300 percent move in a way but It's really only worth around 70 something dollars just using basic math um tangible book value per share is seven dollars Trading at 12 times price of sale and almost 100 p. E still which is still very high So kind of watch out for these growth companies, man The market got too crazy What is the Russell's price to earning ratio right now 16 pretty reasonable actually They got too much trash in there, man But yeah, they still have AMC in there and the AMC hasn't really moved much yet But the weighted P16 is pretty reasonable And I think growth stock are still pretty bearish until they release the guidance on Wednesday So fOMC is gonna be Be interesting Wow, everybody and their mother getting into NFTs, huh? How do you guys feel about NFTs? Yeah, oh, they're just letting people put the profile pictures NFTs I don't think that's gonna be super good. I don't think it's Great, and this is the same thing that Twitter is doing They're just incorporating the wallet into youtube Man, what if what if that exposed people like what if that exposed more people to to hack in? I think NFTs are great. It's a great invention. Um, the foundation and the idea behind it is good But it's just uh, things are too crazy right now too much scams. Um, too much useless cases right now Um, and prices hasn't normalized yet So I think there's so many crazy things about it, but I think it's a good thing It's it's good because if you understand the fight dance, you know fundamental concept behind it Um, and how how, you know, you get to own your things and stuff like that And and creators having the ability to monetize is good, but It just um, it's just too much scams in the space as as usual crypto space in general is just way too much scams right now And that's what always annoying me about crypto um Is the fact that there is just way too much scam in the in the damn space man like people always greedy to to try and like and like, you know, extract money from other people and By the same time people that Ghande money extracted are also greedy themselves because Sometimes when you get so greedy you lose sight of things and you lose like the you know, you lose the thought process Right. Oh you when all you see is money like ding ding ding ding ding ding all you see is the money, right? um, and when all you see is money you you you don't you forget to like rationalize and be like What if this is a scam, you know, you lose that rationalization because you're like everybody's making money of it You know, let me get this let me make money with it. So I think this is a tricky thing man, but um, it's 5 30. I'm gonna take a break here Uh, we'll be back here tomorrow around 4 p.m. We'll go over some more earnings Um, looks like we're not gonna do so well with microsoft for earnings tomorrow. I'll see we'll see Maybe the put side will pay off. We'll probably have to close the call side for our earnings challenge Um, and then we've got some big earnings tomorrow. Kimberly karg bowings, um, abt nazdaq And then we have tesla intel land research So a lot of interesting things we got to take a look at those quality tricks As well ck. Oh man, so many things going on So here's another opportunity for the market to save itself. Let's go boys Take care and have a good night