 What's up, what's up, Alex? Yeah stock market is very interesting right now AMAT just had the earnings huge miss How do you miss bro? How so sad? young bow GG what's up? What's up? What's going on? I was just looking some of the earnings coming out today Wow, look at this company Big run in the puts on everything that sounds bullish You went long on RST Anthony. Let me see what they said They had a really good beat 21% increase computer to last year should be going up. We'll check it out a little bit. Oh No Cloud company down today So BJ's earning today. I took a look at it this morning Really good earnings Great beat. I wish we played that instead. I didn't want it to play. I totally forgot it and slipped my mind Because you know, they're like the like Costco ran out very strong. I should I go to this shop. I like it They said they're doing a 500 million dollar stock buyback. I remember correctly this morning and That's like 14% of their market cap or something. So pretty bullish That's why they ran up so much today 500 mil buyback and you know stock hasn't ran up much since last year But 14% stock buyback man. It's goodie Wolf See Wolf had a drop. You guys are wondering why Let's see what they said raised 2021 guidance on top and bottom line 32% two-year comp 15% growth Really good earnings Looks like it's a buy the dip. It's a good. It looks pretty pretty good on Pekko Pekko Overall earning was really good What was it trading like a year ago? I Think it might it might have just been like a special acquisition or something. It might have just been slightly overvalued from IPO But it looks like you had a pretty good earnings I Don't see why that's not by if you like the company long-term could just be a fake out coming down AMAT earnings right here. Let's pull it up record annual revenue up 34% you over here Record annual GAP quarter revenue very strong The only thing is they guide it lower Next quarter is lower a lot of things going lower On the outlooks they expect impacts of ongoing supply chain challenge So took a huge guidance hit from that So the guidance is over here 6.16 billion Give or take 250 as opposed to 6.5. So that's huge miss I mean not miss but like that's a huge like difference in terms of guidance very weak The EPS They're not looking to hit either. So just top and bottom guidance is overall weak That's why they're coming back down a little bit Maybe hopefully they mean maybe they'll see recovery. Let me see what young boat play Wasn't really around for this one. So let me see So it looks like, you know, you guys need to see like 150 and above tomorrow to really be flat Um, there's like under 150 probably gonna start going downhill. So when who knows maybe tomorrow open There will be like above 150 flat But as of right now is looking a little bit sus. I think you guys would be okay though TSM move today a fake out What a good question man, what a good question. Is it a fake out or break out TSM? I don't know. I mean AMAT with the supply chain issue news again reminding us that That is a thing now Could be it could be could be You know, it could be a It could be a fake out at this point because ideally I think TSM we could potentially see 125s, right? That's the way is looking hella bullish very strong move at the end of the day Very strong close above 122 overall is bullish man You know, it looks like we could touch 125 and then if we can touch 125 break above that 135 why not why not, right? You know getting daily signal everything is looking good on TSM, but depending what the weather is looking like You know what the market looking like? AI man haven't look at this ticket in a while Really you guys are just Trying to kill young right now AI I don't know I don't know could be a huge cup in hand on the on the daily chart. Who knows I mean on the weekly chart. Who knows, right? Looks interesting. Um, I Have to look a little bit more into the company fundamentally AMAT screwed up. Yeah AMAT probably failed the whole They they failed the whole the whole chip sector man. Why? Oh, that's true Where do we land today on this? Where did we land? It's not a nice little scalping opportunity today. Looks like we hit $13. I Was looking for it to come back to 12 Hey I was looking for that $12 range, maybe 12 25. I would look to pick some up We'll see and for some of you guys in the earnings challenge Don't forget to look for opportunities in this, you know around 12 We have that February spread that you guys can add into You guys like the company want to play it. I still think this could possibly be a good move to over 20s But obviously it came down with It came down with with the whole LC ID and and like Raven You know all those EV company that came down this came down with it. So that's why it was a bit bearish But I could see this getting back its own momentum and moving back up again puts for next week Very nice That's true, who knows right? I mean, I don't know actually it's hard It's hard man. It's a little bit hard for me to say that because it just the guidance is just so ugly, man Yes, I NT you typically very good earnings PDF PDF TSM. Yes, sir. And you've been doing well these days Has it Why not? Hey, what's up? Hopefully hopefully Let's take a look at some of the other earnings Ross Dress for less Always remember this company, man. We don't have them in New York, but I remember doing the SWAT analysis on this on this company Long time ago in college very bullish Coming back to pre-covid highs, man And and why not, you know, they're having good earnings a lot. It's a lot of the retail stuff. They're really well today We had Coase Macy's you know, I had this one Macy's call that me and I'm scare shirtless picked up like a long time ago like in January Like January 27 of 2021 We had this huge run in the market and and I was talking to scare shirtless and he was like, yo $35 cost Macy's 2022 I was like bet. Let's go So we picked it up and obviously Macy's crash right like this whole time Macy's been like flopping so hard And it's just like die, you know, it's just like die But but a few are you know, a few of us boomers. We like Macy's because you know, Macy's Times Square Christmas Interesting company man and they're doing a lot of things so but they were dying pretty hard They didn't look like they were ever gonna hit $35. So we just bag hell into these calls Right these leaps that we've been holding and today. Yo, they're like and Like a baby coming out of a mother's womb they push they push so hard man They went from like 32 to like 37 and those calls that was like dead for a whole year Went up 200% Hop hop less Hop hop less. Yo Finally had a chance to exit dad. That was a very very bullish move and and you know, I I'm you know, man, I gotta reach out to my friend because this this sucker owes me money. Oh, I Remember I had this bit with his dude and I was like yo Macy at $5. That's a steal Like I don't see Macy like, you know leaving the business. I see Macy's like where whatever happens I I'll see this company still coming back It's only a matter of time before Macy's recover because I love Macy's man every year Like I used to go to Macy's like this used to be routine thing me and my friends we used to go to we used to go to Macy's for like, um Like I think around I think we used to go around November time I haven't done in a while But we used to go around November time to go jacket hunting I don't know if you guys shop there a lot but if you guys know the trick if you go to Macy's around November time when they have new inventory and You go to the ghetto Macy's like the Macy's there and like not so well neighborhood Either that or like really really well neighborhood that nobody nobody shops in the clearance section And they'll put like all the good jackets in the clearance section Sometimes you can find like really really good name brand stuff Like like, you know, I guess like G star or like North Face stuff and they'll be like dirt cheap It could be like 80% off on the name brand stuff I remember one year. I went to Macy's to go jacket hunting with my friend and we picked up like this like like this drug dealer jacket yo like See Look like if I put in drug dealer jacket Damn it. Oh, there you go. There you go. This is the drug dealer jacket This is the drug dealer jacket the parka, right? So like if you guys are like, you know Grooming in like hood or you grew up in like any any part of the country as a hood Like if you see if you see a dude wearing this you probably drug dealer, you know, this is like the certified drug dealer jacket You know the parka and and I remember one day like like we were We were looking we found like this jacket, right? I was like, oh shoot. Let's cop that, you know it was like it was like only like a hundred dollars, man, and you're just like 350, right? So it's like super steel and Yo, that's so true, that's so true, man, and And like we've reached into the parka, right? We reach into the park it and we were like checking the pocket and somebody some sucker, man They probably bought this jacket and decided to return it right because Macy has a great return policy Yo, oh my god, man. There was like 3g in there We read we really know we like what oh snap 3j so we took the jacket and And we just bought it and we like left a sap yo split the money. It was one of the best days of our life What a deal what a deal talk about slick deal, man Yeah, I don't even know what we did with that money. I think we bought Bitcoin with that money, man Think it was like 2017. I think we we bought Bitcoin with that money I remember we went to get jerk chicken and And we went to buy Bitcoin Yeah Good times, man. That was a good time My first black Friday X and Macy's poor doorman called us animals The crowd was knocked us over a glass table where they were handing out coupons Like the jacket from man's not hot Yeah, that's how you know like that's how you know when a person is strapping to in New York Like if a person is wearing a jacket and like yo, it's not even hot Like it could be like it could be like summer, right? And the man is holding a jacket You know like in his hands that is sus. He's probably strapped. He's probably carrying heat That's how you know Like if you see a guy wearing a hoodie and it's like it's like not even cold, man Dude, he's not wearing hoodie He's hiding his peace Oh, are you talking about an easy video? No, I haven't let me see why bad I thought you were talking about What it was like in the hood Oh, yeah, yeah Kind of like that That's true. That's that's a jack deal a jacket Damn, we got we got great way off topic got way off topic. I don't even know if this is illegal To talk about that. Let's get back in stocks Farfetch q3 earnings per share negative 25 cents As opposed to negative 36 good earnings 582 sales miss 591 47 decrease compared to the same period last year and 31 increase in sales compared to last year Looks like it's finally coming back down, man. Not a good earning for them. Not a good luck y'all So things like luxury we seller luxury we selling we seller like luxury version of ebay, I guess this company Speaking of hood reporter says that judge dismissed the case versus meme stocks Hmm They lit robin hood and get away with that. What a scam y'all Wow, this company is down 25 percent. What the hell? What the hell Let me see how bad they did This is a two year basis They grew 97 um Generated 828 million digit digital platform jmv up 23 percent 28 percent More than double compared to q3 of 2019 Net positive on five as opposed to negative On the two year basis. They look good. I don't see why they dropped. They're spending less money, too Hmm, maybe this is why Something related to their senior notes Probably have to read a little bit more into this. This is a little bit confusing here But I think this is why why they had a loss um Why they dropped so much because in the two year basis is really good Q4 growth is slowing down a little bit though 18 to 22 percent as opposed to 33 percent So far in the year Have to really dig a little bit further into that Let's see. Let's look at the stock on a two year basis um company was trading 1380 If um they grew like 2x from that Put around 26 dollars I guess we'll probably see some buying opportunity around the 23s probably at this point Hard to say let's check out some other earnings This company is being bought out by microsoft so it doesn't really matter what the earnings look like William Sonoma How they do So William Sonoma earnings per share is 332 as opposed to 308 Sales is 2.05 billion as opposed to 1.97 Estimate they also raised their guidance 29 increase compared to the same period last year And 16 increase in sales compared to last year What is the guidance increase? They raised the full year and that sales guidance to 22 to 33 percent year over year And this company's been flying to pretty hard Two-year comp of 41 percent I think of the reason this stock has also been going running up a lot was also because they do and they did a lot of share buybacks too They're not opening any stores not closing closing like three stores 39 weeks ended percentage of revenue 46 percent compared to last year's So they're down a little bit After hours 208 dollars down 10 dollars last year company was trading around 109 So stocks almost up 100 dollars from from last year's price And then from all time highs Of pre-covid they were at 77 dollars They've gone up a lot from that too as well in terms of stock appreciation Is there any other stocks that you guys are interested in or anything you guys want to see from this morning? Alibaba huge huge Drop this morning Or is there any stock that you guys want us to chart it out or check it out check out in terms of um technical analysis so Alibaba q2 One dollars and 74 is supposed to 193 sales is 31 as supposed to 32 34 percent eps decrease 36 percent increase in sales um They said they expect four year 22 sales to grow 20 to 23 percent year over year Um on the two-year basis the stock has dropped a lot We're coming back to 2018 levels man Can you check wayday? Yeah, let me see So that came out pretty early today. Let's check that out Let's check out workday um, they had a good earnings Not pretty That no not that flat actually So down from 300 down about 20 dollars earnings per share is dollar and 10 as opposed to 86 cents estimate Uh sales is a dollar 1.33 billion as opposed to 1.31. That's a beat on the top and bottom side And 29 increase compared to last year and abs. I mean 27.9 percent increase And sales is 20 increase compared to last year. What was the company training last year? around 240s Around 200 to 240s it feels 200 they'd be like uh What was it a 40 dollar increase? um, if it was like 240s You know 44 dollar increase So i'll put it around 284 See what the guidance is I don't see anything about the guidance Looks like they have a lot of backlogs Um a lot of revenue backlog as well subscription backlog Having reasonable growth but not not like crazy growth So it's only around 20 percent They also acquire a lot of company as well So i'll probably expect to see some more growth in the future from all the acquisitions if all things work well Um, but sometimes acquisitions are hit and miss. It can be a double-edged sword as well They either help the company grow a lot or sometimes it can completely flop for the company Like something like tele-docs they acquire two companies and It didn't merge that well with the company and they'd taken a big hit So pretty interesting move here. I think it's pretty fairly priced around 280s um, let's see Nike's yeah, we got to check on Nike. Haven't looked that in a while So let me put that here Actually, I haven't been doing much charting this week at all In terms of after hours Let's check out Delta airline Um We did talk about tsm a little bit. Uh, i'll post the chart up to T-A-L-O steel Oh, oh, that is a good conclusion, anthony It could be time. It could be time, you know, um, because the um zoom had a great dominance last year And I think the the hype might be coming to an end self-sea is holding Looking to get into nike's polish on like yay I see I think my I think I already have a chart set up on walmart. So we'll see Me neither. I don't like the zm my sole reason for not liking zoom Is watching the interview of the zoom ceo um I don't know. I feel like I feel like Zillow is like a black sheep right now. Um And And it's it's it's interesting, man. It's I think I think they're just like a black Black sheep and and it's like it's one of those things like man You don't want to touch, you know, but I think it alert for c o m p Um, which is kind of like a similar company to zillow And I'll put a chart for that too if you guys want to take take a look at it Um, somebody bought it out out to me the other day It took a look at it, you know, I had an alert set in case it came back to $10 levels Um, I didn't have the didn't really like picked up the position today As I said, I would last time but I probably looked to start a leaf on it There one trick pony competitor Yeah, I mean honestly Like why hasn't anybody taken freaking zoom out yet? Then again, I did I did end up using it. Um Like last week and it was pretty decent. It was not confusing but decent Oof. Yeah, where was on the other side of it? Just google interview of zoom co and you'll understand what I'm talking about You'll understand you'll understand man. All right, so we got a great list here. Let's take a look. Nike's the first one Yo, Nike is so strong, man What are we covering? Oh What are we covering from that sell off here? So we got the setup here. We got a little trend line here I don't know man. I feel like Nike could come back down here Um, but if you're bullish, I think it could bounce off here, too We have point of control right here at 170s I want us to check one thing though The Vietnam we opened their factories yet Bank of America cited a number of reasons for prediction They said the impact of prolonged factory shutdowns in Vietnam It's likely going to be worse than we tell us have planned for according to analysts Including the fact that the reopening of the economy in southern Vietnam Where many apparel and footwear producers a house has been moving much slower than in north Lasting well into 2022 The Wall Street research firm said in a note to a client over the weekend that the recovery in Vietnam will be more Than we tellers are anticipating and that business are going Are being too optimistic about turning around times They cited a number of reasons for this prediction including the fact that the reopening of the country in southern Vietnam Where many apparel and footwear producers a house has been moving much slower Um, then I'm experiencing devastating surge in COVID case this past July through August prompt another round of local lockdowns The temporary pause to production felt blow to companies such as Adidas and Nike Which rely heavily on the regions for manufacturing their sneakers and athletic apparels Business have started to reopen but vaccination rate remains significantly lower compared to other countries Our production activities indeed recovered fast last year after the brief disruption Production is likely to take longer to normalize this time around perhaps as long as six months Um, so we could present your CS6 month delay. He added that current factory operations in Vietnam remain strict and very complicated um Which could hinder employees ability to return to work All in we expect several headwinds to weigh in the expectation for a fast resumption of production activities Including the likely persistence of labor shortage, but also due to rising raw material costs supply chain disruption in many parts of Asia Um, Puma also warned that supply chain bottleneck, particularly in Vietnam will entail a shortage of his product bar into next year Last week, Adidas Trim is 2021 outlook to source interruptions Oh, very interesting Very interesting there Vietnam COVID I want to check out what the vaccine rate is looking like for them. See if that was indeed Um, slower than expected expected. Oh, oh no, they are seeing a lot or another surge Um, it looked like it came down in October and they're starting to see a surge again With the Delta the Delta variant Um Depth have gone down though They said they have they said their vaccination rate looks pretty good right now Um, they said they they gave in out a like about 102 million dose Assuming every person needs two dose. That's enough to have vaccinated about 52 of the country's population So I think that's looking pretty good. Um, that's going at a pretty fast rate But obviously it's not as high as Canada though, right? So, I don't know Nike could could could get some more disruption from that based on what we read so far um Let me catch up Must be talking about Celsius But our Celsius still doing really good isn't Celsius like a a seltzer and energy drink company Are they still that popular though? Uh, I'm long-term bullish on monster like this company even though I haven't been drinking monster a lot actually Yeah, I haven't been drinking monster a lot man Consumer discretionary held up today That reminds me I gotta put XRT on this list Because I gotta take a look at XRT if you guys are bearish on the market XRT is usually the way to go COUP hungry Of course I'm sure the Nike could take a month or two in my opinion for the pullback to 150s That's true. I mean if they report earnings again this quarter and and they're saying, um, you know We're still dealing with supply chain issues That's gonna hit them because last earnings they talked about that But they said, oh, you know what they thought it was going to recover real quick or whatever um And you know, maybe it won't Where are the workers? Yo, I was actually reading about this. Um, I looked into this like a month or two ago And a lot of the workers in in Vietnam They um, they actually stopped working at factories just like how like like we're having labor shortage here people over there are like Yo, I don't need this hustle no more. I'm gonna just go back to the country side and work on the farm Because like at the end of the day, right? Um, they're a little bit different than us like like most of those people like most of them You know, they have like they have a farm to go back to bro Like for us We're in the city. We in the city like that's it man. If you don't work You got to steal right but like over there Like if you if you were if you went to the city to look for a job better opportunity and stuff But then it's not working that well You can always go back to the village. You can always go back to the country side And and you know like get food from the family's farm. Yo What's up dj Um, so you're saying you think that You think that schools will drive the Nike sales up What company produce? Rain. Oh, that's good question What company makes this trash? monster Yeah, we've been drinking monster all along yang bo Maybe oh, that's true. That's true. Then like you said they're doing nft I remember this I remember seeing some some article about this look Nike files for seven virtual good trademark for branding in nft I want to go live on the Vietnamese farm and have no bills to pay That's the way right Yeah, you could probably go you could probably go and and buy like a farm there man I I I remember like I remember looking at lands in in thailand before it cost like a hundred k usd I think to like buy a land or something All right, so Nike, I think if it holds this 170 level it could pop higher um, it could easily you know Grind from there But if it breaks under that point of control on 170 we can come back down a lot more We can come back to 160s and that's kind of in line with this trend line here You know we've got this trend line where it hit here and it hit here So there's a chance it could come back here and bounce here as well um Even though I will say it's a little bit more bearish. I don't know It it really depends on the numbers man. Nike's has been really good at beating the numbers The the brand popularity has been going up year over year. So we're looking to see 155s So that's the Nike chart. Let's check out Delta airline But could you really live on the on the Vietnamese farm though? Think about the mosquitoes, man You would get raped by mosquitoes So remembering us must go on back to in-person learning And a lot of jobs also bought employees back in i'm not 100% sure in my position So that's a good point, but at least in the u.s. They're taking a huge hit. That's true NFT hell yeah, Nike NFT Nike metaverse I spent my whole food in Canada. I would never make it in a hot country during hard labor like on a farm Wait, it doesn't isn't there like farmland in Canada too as well Aren't you guys like I remember like talking to a few gamers in Canada And and these guys told me like they have no no care for the stock market at all And they're just like very happy with their life and stuff because like Houses are still relatively cheap in in Canada and like And like and and like they have like a lot of green land and you can like potentially have your own farm in your backyard too as well I could be wrong unless you're like a city unless you're like in vancouver or like I don't know monchi hall like like one of those big big cities Thoughts on wish that calm. Oh uh We should not name that name So I mean delta airline they've been coming back down a little bit. Um They had this huge run, right? Uh a little while ago They had a really good run due to the You know booking.com. That's where it was booking.com had a really good earnings And I think booking.com gave up all the gains too Um, they had a really good earnings. This traveling was back Everybody and their mother was booking like trips all over the place, right? Everybody's dying to travel yo and and reasonably so like who isn't dying to travel after the money right now But it's tough, right? Um, so so booking.com is like, you know, a lot of people are booking for travel 2022 2023 They can see those recovery and and it signaled like a massive massive bullishness For the whole sector. So all the airlines started going up all the cruises started going up They started running man like 39 dollars boom boom boom boom to like 45, right? Everybody got hella excited but Then then news start coming out. They're saying oh man delta variant is starting to smack people around Europe is getting the resurgence of COVID I think asia is getting resurgence of COVID everybody was reopening their their borders But at the same time they're getting smacked and but I think I think the other thing is Um, I think the other thing with with the the border situation is that Now that that we open the borders, they're making people get tested more So every time somebody come in and out, they got to get tested and because they're coming in and out And they got to get tested, you know, that's going to increase the The the you know the infection rate even if people are still just getting the same type of infection as before But just more people getting tested now There's more data point and it's just showing that there's an increase in COVID when it could have just been the same the whole time Who knows? Like maybe people just weren't getting tested before so I think it's interesting We could see a potential opportunity over here at 38 39 levels or a little bit further down here If you guys are bullish on airlines, I would say this is probably a good area to buy around the 37s I'm not crazy about The sector itself It's not a trade that I would get behind but on a technical wise chart I could see I could see it move there. It's also a triangle pattern too, which means if we squeeze under this if we break this It's it's these these patterns are Really ugly if that happens and that but that's only if we break under this That will be extremely bearish I could play out that case too, but I don't want to say it and hurt your feelings So I could see a balance around 37 80s That's true. How's the market and those those two big cities are crazy Insane I mean Calgary people here don't work very hard. Oh, yeah, one of my friends in uh, he came from Calgary too He's I think I don't know if he's in Canada right now. I think he um, I think he just went back or something You just hung out last week Think he went back to visit his mom Yo, I'm surprised I'm surprised guru doesn't play that the canadian airline like my friend's always talking about this, uh That the canadian airline that's really really good. I can't remember for the life of me right now Uh Help me out guys Not west jet. It's like the really popular one. It's like it's kind of like southwest. I'm not west jet Air canada. Yes My boy's always talking about that Yeah, I'm surprised uh guru doesn't play that it's actually it actually like a usually usually looks pretty good on the chart ac It looks massively on the value on the chart, but I know delta airline is also one of guru's favorite stocks Um, he plays this a lot and he has levels for it So I I could probably see where he plays it. It's a good point of control over here as well So he's probably looking for the bounce on that 40 level back to 44s Um, and he's he's been a monster calling that too So it could potentially work out. I mean he might also be jumping the gun a little bit here as well This could be another support level around 39s So we could potentially worst case could potentially come back to 39s a little bit here and bouncing back up So I think we just went over delta airline. Let's check out tsm real quick. We have that chart already So I'm probably just gonna copy and paste this chart Oh, yeah, if you got an extra week, I mean, I mean, maybe they'll they'll post something about like travel search in in christmas So tsm needs to break 125 Could see 135 next So this morning following a video's beat The the semiconductor sector looked extremely bullish, right? um, but amat kind of shut that down a little bit today, so Uh, we'll see we'll see how that that goes man but hopefully hopefully the the semi's conductor sector just Kind of forget about that and they completely ignore them and and give tsm that opportunity to hit all-time highs again Because god damn man You got you got amd hitting all-time highs. You got a video hitting all-time highs Where's m u man? Where's m u right now? Let me see m u making this massive recovery, you know You have qualcomm just like new all-time highs monster moves What what others and what other semiconductor company are there man? lrcx lamb we search You know all these guys want to come back and hit all-time highs texas instrument, you know everything is coming back Like where are you tsm? Where are you? intel now forget about intel man Intel's a long-term play. We need intel back to 44 levels to buy the dip and then they can start to run asml yeah asml hitting me, you know hitting like back to the highs Where is Where is tsm bro? Where? Hopefully yeah. Ooh. What's up tt roku 1217 You know what? I do have roku chart is i'm just gonna pull that up real quick Um, I like real cool, man. I thought I thought we were at the buy the dip level here at 270s Started a spose per position for for I think late december as well thinking we're gonna bounce woke up the next day Smash it just it blew right through that coming back to the next level right here Had 230 it was this 230 8th And we need to reclaim this if we can't reclaim this 230 8th level It's it's gonna keep breaking through the levels. There's a lot of levels to break through You know 197s um Let me let me put this on the inverted chart for you You know this is this is roku on the inverted chart. You got this big Big double bottom move here right big double bottom move um We can say this is the bottom. I wouldn't want to say that's that's it So we got a big double bottom move. I want to say this is the bottom right here, bro I want to say that's the bottom right here. If that's not the bottom man. I don't know what is So and you know typically I I I inverted the chart because People like double bottom patterns. It looks easy to read. You know, um very very like Very simple to to see so Best case Ideally you want to see reversal from here um worst case Could see it come back to 199s on that 200 psychological level and then finally bounce I don't know. Roku is kind of disappointing right now Uh paste that in the chart here Roku maybe do maybe do uh, maybe do a Do a butterfly at the 200 level so either either is gonna bounce here or are we going to 200? It's one of the other man If you guys are new and you need access to the spreadsheet, I'm going to paste the link here Just copy and paste it into your google docking should be able to see it nice Yes, sir, Hawaiian beef. Oh Man, why'd you guys do that? See a mass appeal piece pl tr Nice t al. Oh, let's check that out real quick. I'm gonna go through the list What does t al will do? What is this company about? gas company oil natural gas Oil was a little bit red came under that. I think oil could potentially bounce soon around the 74 dollar levels So if oil bounced at 74 dollar level that would kind of align with this um bouncing off double bottom here So I think thank you if you like the company your bullish on it could potentially see a move around this um 80s levels Nick support a 80s um resistance at Point of control around 1250s Let's check out us steel. Oh, are you in shares? What what kind of position are you in? Natural gas looks like it could potentially bounce a little bit too. I mean, it's winter um I like to think natural gas is going to hold this area It you know natural gas typically squeezed during winter, but we would need like um, we would need like uh, what do you call it? um We need like a cold storm to kind of sweep across the the nation for that for that move for that squeeze So sometimes that happens in february. Sometimes that happened in november or december Um, it depends on the weather man. It depends on on an act of god Oh, you got expiration that expires in april. You're good. Don't worry Hopefully hopefully that that move happens by you know february and you'll get that save I I picked up a lot of natural gas options as well on ung Um been adding that position looking for that squeeze back up So the other thing I like about um natural gas is that I've noticed every time The market is ready to crash Natural gas typically spikes up pretty hard. I I I hope this is not the top because that if this was the top here That would mean the market is going to crash soon. So I hope not. I want to see a little bit more of a squeeze So 2018 market crash natural gas squeeze um Over here early 2018 on that january crash as well natural gas squeeze 2016 crash natural gas squeeze a little bit um I don't know if we had a crash in 14. I know in 12 we did a little bad thing And then obviously in the oh eight. I want to see this This is the kind of squeeze I want to see I want to see that big squeeze. I want to see inflation get out of control And and kind of caused the commodities to go so crazy That it will squeeze the whole market oof So on the short term time frame, you know, could potentially see that balance here on that moving average over here Let's move on to the next ticker United States steel Why do I want that because I have a lot of money on the side. I want to buy the dip Who doesn't want to buy the dip? I want to kind of buy the dip and just like Sit back and watch it go A lot of companies I want to pick up some position on that are very expensive right now Like nvidia us steel is testing some supports too as well Coming back to the yellow line here If it breaks it could potentially go back down a little bit more Uh, if it holds I think so we're kind of at that make or break right here The yellow line is what I call my make or break line Um, if it's under it, which is um, which it kind of is right now. It's a 24 59 If it's under it next level could potentially come here. Um, if it can go over it I can see it's coming back to 28 So it's at the middle and when it's at the middle you could either play you could either Take a lot of and play one side Take a guess Um, or you could you could strangle it and and you know, see which direction it moves the most I don't know. I don't like to short the way down to scare it to short Uh, we also have a little bit point of control here as well around 23 50, but I think it's in the middle of it I think it could go either direction right now You can even open a bow spread on both sides can hit the You know hit a very short term and bullish long term Because infrastructure bills should be bullish for united steels United state steels So you could take like, uh, maybe like one month out Like one month out on the bearish side for us steel and then go like two months out on the bullish side um, and potentially do the spread which would be this like if you were So you want to do a spread on us deal, right? We will say the top is 28 and the bottom is 21 Right, so we'll say the top is 28 the bottom is 21 so You want to go for the top probably want to go into february 24 to 28 that would cost you about $139 If it moves back to $28 ASAP you make 75 if it's moved back there in like a week or two You still make around that range if it takes a little bit longer you make a lot more money So the r and r isn't there on here, but you still definitely make money Um, and you won't get burned as much if it goes back down to 20s, you know R&R on the on the loss and gains about the same and then Short side if it's going to drop It would probably drop in less than four weeks So if it's going to drop we're looking for that drop from 24 to 2050s, right that would cost you 91 dollars If that move happens that side is going to pay out a lot more It's going to pay out enough to pay for both sides So if it drops, it's going to hit like 2050s And you would get pay anywhere from 155 to 250s So The risk of warning this side is much better. It's it's so good that it's enough to pay for both sides And I think we're at that middle of the range that either direction can happen So that's why I would do a bull spread or a bear spread because especially with X They chopped a lot. So you're going to get data burn. And if you do this, you're not going to get data burn as much So you're using the premiums in your favor Why not? Thoughts on splk. I like the company long term Um, I picked some leaps a while back But I just see that drop the other day. Um, I haven't I haven't I haven't added another position yet But I think think grew is very bullish on it. I heard him talk about it this morning He liked the company and I think the company is a good tech company long term so 28 or 2050 Support near 2050 Let's check out zoom 100 um, I actually seen The other steel company run today nue They had a pretty strong move to I think they had like a 3.4 percent move to the upside So I thought the whole sector was moving to upside, but I guess not So zoom We're pulling this out on a bigger time frame. Um, we're taking a look in the weekly chart Looked like it could have more to give Is being going on downhill has been in this downward pattern Um, as you can see here here here here Here here here here I feel like the next magnet is to the downside Um, that could put it on the sub 200 levels I mean if you're bullish you could say hey, it's going to move here too as well There there's that potential double bottom move on the shortest time frame that you could be looking at I was looking on the weekly time frame But sometimes you gotta you got to step back and take a look at a bigger picture and the bigger picture Um, to a certain extent could also look like it was bearish, right? It could look like it's been in downstream pattern a lot But sometimes downstream patterns can get broke broken up too So on the bullish case, I could push the bullish case the bullish case is this double bottom move here BAM BAM, right? Um, making that double bottom move right here bearish case is, you know, just coming back down to touch the bottom magnet earnings could drive it there. That's definitely a possibility Um, which is coming up very soon. So if there's good risk of war on both sides, man A really good risk of war on both sides So if it follows the downtrend pattern, it's going to hit 170s If it, you know, if it breaks back into the bullish pattern and want to break above It's got to get over 309 Those are some big magnets. I would look at Major support on the weekly I would call it 173 But that's just me though. I look at things on the much longer term on the much higher time frame Um, especially for for zoom So last quarter the reported a billion dollar revenue estimate was 991 mil This quarter This quarter the estimate is one bill Um, they should be able to easily beat that but if they don't beat it if they miss that Oh, that's going to be what's going to cause it to drop. That's that's what's going to hurt them So this is going to be make a break for them Kind of reminds me of beyond meat a little bit um Having a company the ipo around like 70 80s and then big move up to you know, 500 600 almost ridiculous move, right? Um, and now it's like coming back down to earth. So let me show you beyond me So just to show you what i'm talking about You know, ipo huge moves to the upside came back down Back to you know reasonable opportunities up again And then now it's finally coming back down on the trend line too actually right here So this could be kind of setting up like that. I've seen a lot of like companies do this um in the market when they were like kill rate too Look at that huge move to the upside and eventually came back down as you know as momentum gets lost And and they start phasing out the company not as popular as one used once used to be as it once was clh Celsius holding I don't know. I feel like this stock is heavily manipulated. I feel like this is like a market maker stock and they just manipulate this And and drive it up for like no reason whatsoever Because in 2020 this company was trading on six seven dollars And if whatever reason it decided to go like a thousand percent It kind of reminds me of samuel adams Boston beer company Where it ran up so ridiculously due to seltzer being like the next hype thing And then they say seltzer was no longer the next hype thing hard seltzer that was and that was kind of coming back down a lot to realizations I think that could be something that could potentially happen to this company as well And they even haven't they they missed the last earnings too. So that was a pretty red earnings Can't justify man. Can't justify it. They they're like up Stock price was at seven dollars right now was at seventy six dollars. That's still 10x from 2020 like Who is buying 10 times more of this the strength? Oh Which one of you guys are buying that man? Buy me one So not too crazy about a long term Possible support at 70 like a wallmark. So Wallmark had good earnings um took a little bit margin's head and As usual man, we talked about wallmark before that earnings. I talked about how this company Loved to freaking disappoint It's like the biggest shit consumers staples company out there every time man But I think they had a lot of consumer inflationary pressure labor shortage and stuff So had a good earnings man top and bottom number good growth is good Guidance is good. Nothing that was bad about them but coming back down So I would I would say look for that support man Look for that support if things continue to follow like If things continue to move the way it did every other quarter Like last time the last quarter had a really good move to the top here And then had had a good earnings came all the way back down to support around 135 So that was a huge buying opportunity Like the company long term same thing here had a good quarter ran up a little bit and then gave up all the gains and came back down Um at this quarter two actually they had a they had to move up I remember in pre-market and it came back down too. So same thing here 2021 of february had a good quarter came back down broke way below support So every quarter man every quarter this company Every time they had earnings they come back down. I don't know why people always sell in this company It's like it's like intel man. It's like intel. It's like when you look at intel stock and you're like Oh, this company can't possibly have such a bad earning that's gonna drop again You know, but intel does it it successfully does it every quarter. I don't know why but it just does force of habit, I guess Look for support at 135 to buy the dip COMP, I'm gonna call that chart real quick Let's move that line down a little bit more So waiting for confirmation of reversal here. Let's look at coup Did it just drop? Apparently it had an alert there if it came back to march 2020 levels So coup has been struggling to break out. Um got a little bit triangle pattern here Could really move in either direction honestly So you got this triangle pattern up down up So next move could potentially have been moving up So bottom of the triangle is about 213 Top of the triangle is about 250. That's the range that it's been trading in It's looking a little bit bearish right now though. This pattern looks really good, too Looks like it's gonna come back to test that 213 214 area Um and kept potentially bounced from there Moving back to 236 So support at 214 Um resistance at 230s and then 250s Let's look at XRT and I'm gonna call it a day here Oh XRT had very strong move. It's been moving up the last few The last few days actually broke out This is kind of like the russells a little bit Um where the russells 2000 which is a small cap sector was chopping Having a really hard time breaking through and it finally broke through So they say this could potentially be a great fake out Um or a breakout because it's chopped for so long Like some of you guys said today consumer discretionary was very very strong A lot of people are spending money. We tell sales has been up But if you guys were listening to this morning's podcast, we also talked about how like We tell sales data could potentially be just inflationary data It could potentially just be because that you know inflation was so high that That like retail sales was not really up, but it was just really just um The fact that inflation was up That's a good question. I'm not sure and you guys might have to ask guru. Um If there's if they like, you know recorded the podcast or anything Um Because I I didn't I didn't do anything on my side So this could be an interesting move. Um If you guys are bearish if you're looking for a hedge you could run a bear spread on xrt Or you could run a lotto on it. This typically pays pretty well I've done it before a lot of times. I've taken a lot of it to like 92 range every time we hit 97s I've taken 92 lotto's and it usually pays off like 300 400 percent Um, so this is a good area that's add to to do that Yeah, it looks interesting Yeah, it could be something like 100 to 96 And if that hits right It's gonna pay you two to one So it costs 63 dollars to make the position if it hits 96 50 it will pay you 126 So that's a 200 percent move on a spread um And then on the on the put on just a regular straight put You could potentially buy the 96 if it comes back to that area Um, depending on what the time frame it hits if it hits fast enough it can hit you It can return 200 as well But I think that's much pretty much it for guys for for today guys We'll be back here tomorrow to take a look at Footlocker, um, I know young both set up that play as well And hopefully hopefully that that one pays off really well because um Kind of like Nike Footlocker could be like they could you know They could either have a lot of supply chain issue And just completely get wrecked from this drop here from 57 to sub 50s Or they could be hitting new all-time highs because they've been having phenomenal Year, you know So could could be either either direction here our size really topped out So I want to say we're signaling a little bit more to the downside But anything could happen on that on these earnings reports Yeah, thanks young both for doing all the research on a lot of the earnings plays today and setting that up But that's it guys take care and have a good night