Will probably beat on earnings, but guidance is gonna suck. Why?
www.ttnews.com/...lmost-two-years?utm_source...
If you're long on this stock, read the article, then sell, lol.
www.ttnews.com/...lmost-two-years?utm_source...
If you're long on this stock, read the article, then sell, lol.
Commento:
Probably should wait until Monday to buy puts, looks like the market is going pumptarded.
Got in too soon, thought this morning was the top/
Got in too soon, thought this morning was the top/
Trade chiuso manualmente:
Closed out all my positions on the weak open so I can go duck hunting today. Made $15k this week, figured I'd call it good.
Still think guidance will suck though.
Still think guidance will suck though.
Trade attivo:
Can't really find much else, so I decided to take a stab at some Dec 27 puts for earnings. I'm counting on poor guidance, we'll see tomorrow morning.
Trade chiuso manualmente:
Decided to take the easy money in case it decides to close the gap before tanking.
Commento:
Nailed my third earnings in a row.... this one is easy. When they publish industry sales results, and the computers pump the stock anyways, you know it won't end well.
I'm guessing it throws a bear flag similar to end of July before tanking. QUite frankly, the truck industry is at over capacity so I see no reason why sales would get any better. People don;t go buy trucks on a whim, this isn't yoga pants.
I'm guessing it throws a bear flag similar to end of July before tanking. QUite frankly, the truck industry is at over capacity so I see no reason why sales would get any better. People don;t go buy trucks on a whim, this isn't yoga pants.
Trade attivo:
Entered into Jan puts at gap resistance. With the market melting up,it's hard to find good shorts....
If this trade fails, short at the gap fill. In any case, this has to head down, otherwise it's easy money shorting on earnings again.
If this trade fails, short at the gap fill. In any case, this has to head down, otherwise it's easy money shorting on earnings again.
Commento:
Trade looking good, only computers buying. Anybody with any brains is selling.
Weird thing is that people (including institutions) will invest without even looking at sales figures. That's just dumb.
Weird thing is that people (including institutions) will invest without even looking at sales figures. That's just dumb.
Trade chiuso manualmente:
Closed trade for minimal gain. Decided to use the money to short BYND on the pop up this morning.
Anyone buying today ain't reading the news...