Holding Through Events?
Holding positions is fine, but time and events are going to still be a factor… here’s what I have my eye on as we wind down the week.
Holding positions is fine, but time and events are going to still be a factor… here’s what I have my eye on as we wind down the week.
In this video, we discuss the new, new all time high and what we might expect next.
Watching July 31 is yesterday’s news… it’s all about September, as the market is coming to grips with a 25 basis point cut (not 50) and expectations for another 25 basis point cut is expected for September.
We are in the midst of earnings season, with big names coming up tomorrow, including PYPL. Tonight, CMG and V reported favorably after the bell and I’ll look for that to bleed into tomorrow. The majority of our setups are focused on the Run into Earnings and a few buys we’ve managed to snatch on pullbacks. Let’s look at AMD, BYND, MSFT, TWLO, V, ZS, ZTS, CDNS, ZEN, PYPL, YEXT, DIS, ROKU, SHOP, and more!
Right now, we have two key Run into Earnings in focus — why? Because they both have high short interest and the potential to really explode. One I’m trading with calls, and the second with my famous flies. Check it out here.