Each Saturday I review the market as a whole along with a few companies I like. I go over what I like, where I am looking to grab shares or options. Some are based on company growth some are based on charts. During the week I am so focused on trading futures it don’t allow me to see the market as a whole so I put my time in on Saturday morning and I figured to share a piece of me looking at a few things without boring you with hours of me doing research.
Transcript
Auto-generated from the video audio — expect imperfect punctuation.
Hey what’s up guys here’s a Saturday morning um just having some coffee and looking at charts just kind of going over you know mentally the week see where I think we’re going next week look at some stocks look at maybe set some alerts on trade review um just some of my thoughts on everything um you know here’s the cues um it’s interesting on uh the q’s we made new highs which is great but always a spot where you got to really
Think about what you’re holding um right now I’m not talking any prop firm intraday trading I’m kind of talking about options and and investing I sold the majority of my options um yesterday and the day before so right here um I probably got rid of 80% of my Holdings in options land the only thing I’m holding is like RTX I’m holding some coin I’m so holding some MST and uh RL but like everything I’m holding is is out far for the
Most part um yeah I mean it flashed a cell signal well flashed one over here uh then we turned back green and now we’re flashing again on The Daily Now mind you you could stay overbought on the daily for a bit of time before you get a pullback argument say say we flashed a cell sign right here that’s not saying the next 3 days we can’t come up hit up here and then the pullback is literally you know in this range
But you would have got killed on options if you did that especially shortterm ones um I use these as a gauge on kind of what what I want to be holding and how much I want to be holding uh you can see you know when it flashes green I’m okay holding you know a bag of options that I’m swinging that are out a couple months and then you know when it starts to turn down I reduce my position and is what
It is if I’m down on the position I’m down on the position I I get out there’s nothing worse than holding options to expiration and they are worthless so then you know I’m just kind of looking um I already have an alert up here up at uh 460 that’s kind of where I thought we were end up going I do say this chart on the last run up is very gappy you know we Gap from here to here you know another
Gap up and then another Gap up and it just kind of is spacious down there um I could definitely you know I always say like I want to see those 5 to 10% pullbacks mostly because it just gives you an opportunity to buy stocks that you might have missed out on um you know I I have some stocks in mind some of on this list that I’d love to get in but I’m not getting in when the Market’s up here because
If the market pulls back most likely we’re going to get a pullback in um some stocks that that I want to own um one of them that I think is going to still go up this coin is definitely has a little wedge like Vibe going on um Bitcoin has a really good chart for a breakout so I’m curious to see if coin ends up breaking out here and we maybe see you know the 240s 250 levels um I saw some option
Sweeps for 245s for uh June they look pretty good I bought a vertical spread um you know but some of the I mean Amazon that got down here would have been nice but yeah like Amazon’s one that I you know I wouldn’t mind owning in my my retirement fund um just got to pull back you know mostly I look for stocks under 100 bucks you know I want this I’m not playing small cap Stocks by any means but I’m not looking
For like an apple that is just massive you’re not going to get the move that I want out of that so typically wow this is a pre much a double top on Crocs like I love Crocs but here’s one that has my eye net they had good earnings last uh two times ago you could see this Gap up hit 115 and then I guess whatever happen on this earnings I got to look but I have some alerts set as you could
See these Dash lines um I love Cloud flare I I see everybody use it I know a lot of people that use it um they are coming out with new things and the company’s just growing and that’s kind of what I look at more than anything I don’t look at earnings reaction I don’t look at I look that the company is growing year over year and that’s really all that matters because the cash flow will probably catch up in most Industries
Like they’re going to turn profitable if they’re not profitable the big thing is you got to see that the company’s growing because with growth you could do a lot of other things later down the road um and I feel like the stock will catch up and cyber security is just massive here’s one I completely messed up on so earnings came out I bought a bunch of long-term calls earnings came out it wasn’t the reaction wasn’t good and I ended up dumping
Him that day and boy did I mess up especially that this chart was primed to go up I always uh usually I I let things shake out for a couple days after earnings when I have options that are out like you know we’re in May so I had like August and September I should have just let it shake out that’s like a rookie mistake on my part this is one of those companies that I’ve owned in my retirement funds um the
Mult is just getting really high at this point that I can’t see myself owning it at $93 a share it’s just too high um you know I feel like a one I kind of compare this to I know it’s completely different but on running uh on Holdings the you know they make the shoes you almost want Celsius to have like this bad headquarter and you know they went from 37 all the way down to 23 you kind of want to see
That and give buying opportunity for everybody and then get in before the following earnings and then kind of ride the boat up and that’s kind of what on Holdings did they make the running shoe I believe they’re a Swiss company um and the earnings were this time because of the the rate I think the US versus versus The Swiss um but yeah so I don’t want to go off track but I feel like Celsius can use a down quarter or something
That will then get investors back in at a lower price and then we can ride the ship back up but you know there’s a couple companies like that that I’m just like man I just wish they had some bad earnings just one quarter one quarter digital Ocean’s one of those guys I I keep a real good eye on um China stocks have been on fire lately I know I talked about Baba previously when uh Baba was down here I bought it
I ended up selling it like 8 4ish which was maybe I sold I sold just around here or here but I definitely bought it I bought like September options and it was a really good um purchase I feel like China’s hot um China’s hot till it’s not cuz you never really know what’s going on over there I guess but yeah a lot of people are uh are stepping into the China boat Shopify had earnings so this is one that I like
That got that bad earnings I was talking about that it might be time for me to purchase I have uh right here I have an alert at 51 um I was looking maybe it fills that Gap over here and if we get that Gap fill that would be that’d be really good I don’t know if we are um this is why I look every Saturday I just kind of see where everything’s at maybe I add some shot actually let me uh
In case it goes to break over I’ll add the alert there maybe it drops hits his pivot point I like shop everyone’s using it it’s not growing like you know it was but still growing year over-ear pretty decently I do feel like they need a little something something on their platform that brings the growth back up I don’t know what it would be um because they have all the Shopify stuff and whatnot but I just feel like you know they even
Have the lending arm um but I just look at it I’m like man if they added just something new uh it could really could really go off man this chart is looking primed [Music] primed I like this problem is the space that we’re in in the payment processing space is just so rough there’s so many people four is another one I like um it’s just the payment processing space is kind of saturated at this point there’s so many venmo cash apps
All all like the ones on the apps on the phone there’s just so many processing companies um oh here’s one I wanted to talk about new Holdings um they had earnings the other day I’m going to go over and review uh I saw they passed their 100 millionth customer uh they’re growing I know Buffett’s in invested in this company I’ve had this alert here for a little bit I do want I can’t buy I don’t buy anything at like you know
New highs mostly I’m looking for the pullback this was a nice pullback I just thought we’d maybe see close to 10 um maybe dip under I was in this at like eight too I was in this right around here and then we went from there to like here in like literally just a couple weeks and I was like man I just rode that from 8 8:30ish to you know up a buck that’s a pretty big move in two in in two
Weeks so I took my money out should have held here’s another one I love just can’t buy it up here um you know I’ve traded a bunch and people might ask well why do you why do you get out well the reason I get out is because I’ve traded himms you know if you look at the HS chart oh man I’ve traded hims back in 2020 I’ve traded it you know sometimes on the way down I’ve traded it pops and got
Out where like if I just bought and held HS I would probably be up a very little bit of money on him and I would have held it since probably 2020 you know I probably would have bought somewhere around here $14 and I’d be about even um I should of though when it got to the point that it was at you know $5 I probably should have said Hey listen I’m going to buy a position in this and it will be
My no sell position um but even that could have been dead money for a very long time because I could have bought say I bought it at five bucks around here I mean we went up to 12 and then we went all the way back down to into the fives you know so at some point you you have to do some type of trailing stop that gets you out you know maybe it’s a a 50 Cent stop or something like that
Um even then you would have gotten stopped out and0 50 cents is like 10% you here’s 634 yeah I would have got stopped out right right there I mean there’s all the 50 cents is 10% 10% goes pretty quick in this price range but that’s why I don’t buy and hold I definitely played hims a lot I like it I think they can just keep adding more [Music] products and they can keep being successful they already have the user base it’s
Pretty legit um so far I had earnings not too long ago let me take the pivot Points off you know I like it but at the end of the day it’s a bank stock [Music] um you know so is new I guess but uh I don’t know the verdicts I I I don’t I don’t I don’t know if I’m completely sold on SOI um I don’t know I think when the rates drop all of a sudden their numbers will get inflated
Get a lot more um mortgages and things like that and we’ll see what happens I just don’t um you know I don’t see this being some like all right we’re you know we triple from here I think it’s definitely a playable stock I just don’t see the growth compared to like a company like path that does robotic Parts um with AI and uh those humanoid robots coming in I could see a company like path taking off um to oh silver man
Silver is crazy I can’t buy silver I actually I actually rode silver from here to here I talked about another video it came down I didn’t buy and jeez this thing is just going I I don’t know what’s going to go on with silver uh I’m not a huge silver and gold guy I played it just purely on the chart and I’m not one that chases so I am out on it but boy that’s a big move on Silver especially if
You’re playing options you’d be up you’d be up quite a bit quite a bit my friend um here’s one I like which weird is it keeps saying the [Music] earnings surprised to the downside I would have to look into it to see what’s going [Music] on wouldn’t I wouldn’t Chase how’s that sound but I do like SE see what else is going on this one was wild man I was in this one in the 40s that’s right right around here right
Around here and got freaking shaking out PDD is interesting that’s another China play you know I like Google obvious I think Airbnb is going to be dead money for a very long time by the way um I’ve talked to some people that own airbnbs and basically they have said their numbers are just down um you know things spiked o over covid obviously like a lot of uh e-commerce things but they’re just saying how rentals are down people are kind of trending
Back towards hotels um you know some things like you don’t have to clean you don’t have to do anything at a hotel and I think the Airbnb uh is just it’s not leaving I think there’ll always be a place for it but their sales are definitely down and I think Airbnb is going to be dead money for a while I don’t see this being a Growth Company anymore it’s just going to be I wouldn’t be surprised if we just kind of
Just slowly trended down over the next couple years and just kind of rolled over unless something new happens love this company I’ve said I say this every Saturday when I do these videos I just can’t it’s hard to get behind it with the whole China thing because if China ever invades Taiwan this thing smoked but I would definitely buy it on a uh a large dip I sold my AMD I think I told you that in the beginning of the video
I bought it to 200 um and pretty much just sold I mean I sold literally uh yesterday and that was it I mean and options land it was worth quite a bit I bought a small batch that expired in 2 weeks which made a lot of money and uh I had some that were out till August and that was up a good amount I kind of like this on Tesla that looks pretty legit but I’m in on FedEx I’m about even
On FedEx I have FedEx calls I think my FedEx calls are out until October I think or September um I’m in I’m in in love crowd can’t buy it up here last week I played that I was talking on Saturday um I had I was in Ulta I was in like weeklys for Ulta and then we had this run up jeez that paid I like Netflix when they’re doing these live things now I just cannot pull the trigger at 620 2021
Crazy and that’s it I’m going to do some scans um you know what I look at right here on Saturday is more companies that I like just seeing where everything is companies I don’t like like I Etsy is just dead money also [Music] um you know I just kind of look to see what’s going on get a feel for the market as a whole because during the week I’m constantly just playing intraday stuff I’m constantly scalping futures um I’m looking at
You know one and five minute charts and I don’t get a full Vibe of the market itself so I take some time off on Saturday and put in about an hour to two hours I just go through some of the companies I like on evaluation Point what I think I like to do in the future and things like that and then I’ll dive into charts and I’ll run some scans and start looking at companies on chart basis and not exactly what
The company’s doing um and then you know I’ll I’ll view couple of guys I follow on Twitter see what they’re talking about some companies cuz you can’t do all the research yourself you just can’t there’s too much research to be done to cover every single stock so obviously I’m on Twitter and I just review some of the guys I I respect and talk about valuations and things like that and I’ll see what they’re doing and then I’ll look at charts and
Form my own opinion that’s it so I hope you guys enjoyed Saturday coffee some charts and uh if you have any companies that you like put them in the comments I’ll take a look I’m always looking for new stuff especially some of the lower um not penny stocks don’t get confused when I talk lower cap it’s you know under under a billion under 5 billion just you know smaller stocks still trade on you know not over the counter or anything like
That um and that they’re not raising money every 3 months by selling stock so sounds good all right I will see you everybody back on Monday for uh for some Trading
Leave a Reply