Relatively a good day today trading, my TSLA calls closed for over 100% and all indices finished up. However, AMZN posted disappointing guidance and shares fell 7% in the after hours which pulling the Nasdaq and S&P down with it.
The company said it sees current-quarter net sales coming in at as much as $112 billion, missing estimates for $118.7 billion. Shares fell more than 7% in late trading.
“There’s just going to be a little bit of uncertainty from all of the earnings reports because in the second half of this year ... the companies will still be fighting some of those after-effects from the pandemic, like inflation, like supply chain disruptions,” Horneman said. “That’s going to continue.”
$COIN -2% (Shares)
$CAT +12.5% (Calls)
$LOGI -4.7% (Calls)
$TSLA +10% (Closed)
$EBON +29% (Closed)
$IRM +25% (Closed)
$TSLA +117% (Calls)
Make sure to join our Discord community!
Become a Pro Stock VIP to get real time alerts sent out in Discord.
Become a VIP and Support What I Do
What You Get with a Yearly VIP Subscription
Access to ALL of the in depth, professional research reports.
Access to all Pro Stock webinars, usually 2-3 per month.
Access to the Pro Stock VIP Discord real time Trading Alerts.
Special Discord flair that will allow you access to unlimited chats with Pro Stock.
20% off on all 1-on-1 sessions.
A copy of my book.
Daily blog posts are always free.
I closed the TSLA alert out for 117% profit and am adjusting a lot of different alerts going into this weekend ,since no alerts fired today. I'm not in a rush now because it looks like Friday could be rough sailing. Let's keep in mind that August and September start to be hard months for a lot of stocks, and I believe that a market wide pull back is going to happen. I'll spend the next couple of days working on tweaking some alerts and will update in the blogs to come.
So far it was a good week and everyone of our options are making good money for us, except the LOGI which we still have plenty of time for.
I'll continue taking profits where I can, and looking for value plays.
Remember the Webinar on FA is this Sunday at 9am EST.
WeBull is giving away 4 FREE STOCKS if you sign up and deposit your first $100. That could be a 40% ROI on your money and it is totally free to do so. I highly recommend WeBull as a broker as they have all you need for basic technical analysis, news feed, analysts, price targets, financials, etc. Check them out by using my link to help support all of my free content that I put out daily.
25% OFF Trend Spider - I would like to thank Trend Spider for the awesome charting tools. It is one of the best technical analysis tools out there. Everything is automated for you if you are not so good at TA or don't have the time for it. Highly recommended to check them out. TRENDSPIDER. Use code PS25 for 25% off!
Disclaimer: The comments opinions and analysis expressed herein are for informational and educational purpose only and should not be considered as individual advice or recommendations. Prostockadvice.com is not responsible or liable in any way for opinions expressed here. This is not meant to be financial advice as we are not a licensed financial advisor.