Thomas Jastrzab, CAIA

Trader/world traveler/sports enthusiast. Former consumer equity analyst. I tweet about trading, financial markets and personal finance. Tweets are NOT advice.

[Thomas Jastrzab, CAIA @CaddyShackTradr]

$IBM is crashing harder than it did during 1987's Black Monday. Back then, shares fell 23.7% in a single day — this plunge (in percentage terms) is on pace to surpass that. The culprit: preliminary results that missed expectations, sparking heavy selling pressure

[Thomas Jastrzab, CAIA @CaddyShackTradr]

Fast food chains and coffee shops feed traders appetite for stock gains as major US equity indices fall.

$YUM, $SBUX are up 3%+.
$MCD, $CMG, $EAT are up 2%+
$DPZ, $YUMC is uo over 1%.
$PZZA, $SHAK are also positive

[Thomas Jastrzab, CAIA @CaddyShackTradr]

Consumer staples $XLP, health care $XLV, real estate $XLRE and utilities $XLU sector ETFs rising 1%+ even as major U.S. equity indices are under pressure.

S&P 500, Russell 2000 and Nasdaq 100 are all down at least 1.8%.

[Thomas Jastrzab, CAIA @CaddyShackTradr]

Some of my favorite publications/sources to track #Computex developments are: Tom's Hardware @tomshardware, PCMag @PCMag, Gizmodo @Gizmodo, Techradar @techradar, Digitimes @DIGITIMESAsia

Should be an exciting week of news for tech stocks.

[Thomas Jastrzab, CAIA @CaddyShackTradr]

#AI & Computing, Robotics & Mobility, & Next-Gen tech are key themes to be covered at#Computex

$NVDA, $MRVL $QCOM, $INTC, $NXP, $MSFT, $GOOGL. $SNPS, $SMCI, expected to have major presence at the event.

For details:
https://t.co/IrsZoqA4CY

[FinancialJuice @financialjuice]

S&P 500 records ninth straight weekly gain, longest streak since December 2023

[Thomas Jastrzab, CAIA @CaddyShackTradr]

Walmart/Costco Look for Support As Slide Continues
$WMT on pace to fall for sixth consecutive day. $COST is poised to slide for the fifth day out of the past 6 trading sessions if it fails to rebound into positive territory before the close.

[Thomas Jastrzab, CAIA @CaddyShackTradr]

Several retail stocks soaring the pre-market after reporting earnings .
$DLTR and $KSS up over 15%.
$BBY up about 9%

[Thomas Jastrzab, CAIA @CaddyShackTradr]

@HeeraniPK Parkash, spot on. We rarely discuss the risk taken to get these type of returns. As you correctly pointed out, many of these traders will blow up their accounts during the next correction. Consistent trading is about having a long-term probabilistic advantage. Thanks for sharing!

[Thomas Jastrzab, CAIA @CaddyShackTradr]

India country ETFs include $INDA, $EPI. Both are currently trading under their 50-, 200- and 500-day SMAs.

Rare earth and critical mineral ETFs include $REMX, $REXC, EART

[First Squawk @FirstSquawk]

A new agreement on critical minerals and rare earths has been signed between the U.S. and India, according to India’s foreign minister.

[Thomas Jastrzab, CAIA @CaddyShackTradr]

U.S. Retail Earnings in Focus as Markets Assess Consumer Spending Amid Rising Fuel Costs

Key earnings calls this week include:
Tuesday:
$HD - 9:00 am EST
Wednesday:
$TGT - 8:00 am EST
$LOW - 9:00 am EST
$TJX - 11:00 am EST
Thursday
$WMT - 8:00 am EST
$ROST - 4:15 pm EST

[Thomas Jastrzab, CAIA @CaddyShackTradr]

Aerospace and defense stocks $GD, $LMT, $NOC are each up over 1% amid reports of rising tensions in the Middle East. Brent Crude #oil prices have surged as much as 5% following a fire breaking out after #Iran drones hit UAE's Fujiarah oil site per @FirstSquawk & @DeItaone.

[Thomas Jastrzab, CAIA @CaddyShackTradr]

#Earnings Alert:
$AMZN up 1% ahead of earnings. Conference call at 5:30 pm EST.
$GOOGL flat ahead of earnings. Conference call at 4:30 pm EST.
$META flat ahead of earnings. Conference call at 5:30 pm EST.
$MSFT declining 1% ahead of earnings. Conference call at 5:30 pm EST.

[Thomas Jastrzab, CAIA @CaddyShackTradr]

The U.S. equity markets are having a difficult day. But still probably better than the day Pauk Skenes had so far. But sure enough, better days will be ahead.

[Steve Burns @SJosephBurns]

Don’t start trading unless you’re willing to go through a brutal learning curve for at least a year.

[Thomas Jastrzab, CAIA @CaddyShackTradr]

@GassionGreta Greta, sorry to hear about your friend's daughter. You taught her about risk management, which is great. Unfortunately, we often have to experience pain from poor risk management for the lesson to fully sink in.

[Thomas Jastrzab, CAIA @CaddyShackTradr]

@EricBalchunas Eric, thanks for sharing! Interesting context. Would love to see this broken down further into global vs. primarily domestic stock markets, level of market regulation and mix of public/private companies for largest 20/50 companies by revenue.

[Eric Balchunas @EricBalchunas]

You think the S&P 500 Index is too concentrated? Try going to another country for a while. The US is one of the *least* concentrated markets. Here's countries ranked by the % of market made up by top 10 biggest stocks, via @psarofagis in a banger note out today that is part of our ongoing 'Stop Overthinking Everything Because the Market Loves Punishing Midwits' theme..

[Thomas Jastrzab, CAIA @CaddyShackTradr]

Brown-Forman is trading more than 9% below its intraday high as the overall market sinks. $BF.B surged early in the trading session on reports from Bloomberg that the company could be acquired by Pernod Ricard.

[Thomas Jastrzab, CAIA @CaddyShackTradr]

Nasdaq losses widen to 2%+.

$NVDA, $META $GOOGL among the weakest performing heavy weights in the $QQQ.

[Thomas Jastrzab, CAIA @CaddyShackTradr]

Sector ETFs for energy $XLE, financials $XLF, consumer staples $XLP, health care $XLV, communications $XLC holding up better than index ETFs S&P 500 $SPY, Nasdaq , $QQQ and Russell $IWM.