C_Trader

Golfer | Trader | Civil Engineer | Chartist
Equities and Options Only. Tweets are not financial advice. Blue Checks are Dumb

[C_Trader @golfing_trader]

@grok what stock is Eric Fry trying to gatekeep on the under the radar Data Center stock

[C_Trader @golfing_trader]

$PLTR pure monster but that RSI is getting a little too high on all timelines

[C_Trader @golfing_trader]

$TSLA interesting daily chart. MACD is curling for a cross and the chart just completed a breakout after a couple month consolidation. Liking the looks for a bullish move over the next few weeks ahead of the September seasonality

[C_Trader @golfing_trader]

I know $UNH is a solid investment for the long run. Every person who says I would never buy that stock right now proves this theory

[Ashton Invests @Ashton_1nvests]

Hunting for the Next 10-Bagger

Some of the biggest market winners start small.

I am looking at companies under a five billion dollar market cap that could deliver massive upside if they execute.

Here is my watchlist 🧵

1/ $OSCR

Oscar Health is trying to fix health insurance from the ground up.

They built a mobile first platform that makes onboarding, claims, and care management simple and easy to use.

Because they run their own AI powered infrastructure, they can operate leaner and offer a better member experience than old school insurers.

Membership is growing quickly, partnerships are stacking up, and they are in a market that needs disruption badly.

[Jake Wujastyk @Jake__Wujastyk]

$AMD #AMD Trading at the apex of this symmetrical triangle as all of the lower indicators suggest an upside reversal is on the horizon.

[TrendSpider @TrendSpider]

"I heard he shorted the $SPY double top at $560"

[Earnings Whispers @eWhispers]

#earnings for the week of August 26, 2024

https://t.co/My2Eq16qS8

Of course, the one you all care about is $NVDA. Catch the conference call on Wednesday on @stocktwits at https://t.co/RCg3FbeGdF with live feedback and sentiment.

Also reporting are: $CRWD $CRM $DELL $PDD $LULU $ANF $ULTA $CHWY $AFRM $S $OKTA $MRVL $PSTG $LI $KSS $TCOM $BBY $GAP (note the ticker change) $VEEV $FIVE $DG $ADSK $MDB $HPQ $NTAP $PVH $AEO $DQ $BOX $NCNO $NTNX $HEI $FL $BBWI $BNS $DDD $IREN $APLD $AMBA $VSCO $JWN $OLLI $AMWD $TUYA $CPB $DCI $BURL $FRO $SMTC

[amit @amitisinvesting]

5 COMPANY EARNINGS I'M LOOKING AT THIS WEEK IN THE STOCK MARKET --

Alright folks week 2 of earnings is HERE & we have the busiest week of earnings season starting TOMORROW..

This week has tons of interesting companies but here are the 5 that have most of my attention and I include some runner ups after these:

1.) $SOFI SoFi -- I am going into this earnings with an options play and expecting SoFi to bounce. The stock is down 18% YTD and has been beaten up in the single digits for over a year now. On a price to book basis, SoFi is trading in line with other larger banks. One could argue they don't deserve a premium given they are not that profitable even if they are growing more. However, I think there is a chance they make significant progress on the B2B tech side of their business which allows the street to see SoFi more as a real fintech vs. just a bank, expanding the multiple. I don't think a high number of members joining or lending growth will be very exciting to the street, but it won't hurt. This stock has just been stuck in such a range that I feel it is due for a bounce but ONLY if the CEO, Anthony Noto (who I have deep respect for) can get the street to see his vision more clearly on this call and understand why they are wrong for not having more allocation to this company. This is an earnings where Noto has to really drop an announcement or show progress that gets this stock beyond single digits and moving onto the next level. He is heavily incentivized given his share compensation structure to get the stock closer to $25 by 2026, which means it's time to get out of the single digits. Also, we know SoFi's net income will increase this quarter due to the convertible note deal they did, the street is expecting 1 cent and if we can somehow surprise with 2 cents per share, that might be exciting for the stock. SoFi has an 18% short float so any REALLY significant news can get the shorts to cover causing even more momentum for the stock. I'll be live tomorrow on my YT channel (link in profile) covering the earnings at 7:15AM EST.

2.) $PYPL PayPal -- PayPal is a stock that is grossly undervalued if you look at it from any fundamental metric. Using a basic DCF, the stock would only be trading slightly above a company priced at 0% revenue growth and 0% free cash flow growth until 2033. There is obvious value in one of the leading payment companies on the planet, but the street has punished them due to bad management (new ceo should help), bad transaction margins (those seemed to have bottomed) and increasing competition (a concern, but not something that should punish the stock from it's fair value of $90). PayPal introduced several unique products a few months ago that we should start to see some progress on this quarter. The company is also buying back 7% of it's float with it's freecashflow, which amounts to about $5B -- that itself should increase tangible book value and get the street excited. If they atleast somewhat beat on their numbers and give good guidance, PayPal should be headed in the right direction.

3.) $AMZN Amazon -- Amazon's earnings are uniquely interesting this quarter because $GOOGL and $MSFT already reported and showed significant growth in cloud, which is really what the street cares about. As long as amazon can show that AWS is not slowing down, especially their AI cloud, then they are going to continue to get rewarded. The stock hit all time highs 2 weeks ago but then fell as the market corrected, so I expect it to re test those levels on a good earnings. I don't see them doing a dividend like $META or $GOOGL because their cash pile is not as significant, but they will likely do some share buybacks. Jassy is an exceptional CEO who has the clearest AI vision besides Nadella in my opinion and because Amazon touches every part of our lives in terms of the commerce we all engage in, I think that AI vision only becomes closer to reality as Amazon progresses.

4.) $COIN Coinbase -- I think coinbase is going to put up some ridiculous numbers. $BTC Bitcoin is up 60% over the past 3 months, coinbase is one of the few platforms on the planet that make buying and selling bitcoin and other crypto assets easy. $SOL Solana and $ETH Ethereum also have done great, and coinbase benefits from those assets going up along with Bitcoin. The one thing I hat about the company is their biggest advantage -- their fees. They charge a fee to buy, sell, and transfer to your bank. If you buy crypto on coinbase, they take a cut from every angle. Now, the stock has run up 700% from the lowers of 2023, so much of the stock action could be "baked in," but I think the numbers still will justify an earnings move. If $BTC falls, $COIN falls. If the opposite happens, it goes up. So no matter how amazing the numbers, the real thesis for Coinbase is if Bitcoin can continue to go higher since their revenue model is based on fees. The good thing about $btc going higher is coinbase takes fees as a % of bitcoin's price, so a higher price means higher % on fees. Bitcoin has held the 60k range well and since January has done very well, so I expect coinbase to do well.

5.) $AAPL Apple -- I am struggling with Apple. I do not think it is cheap. New reports came out last week that Apple is cutting their vision pro estimates from 850k to 450k units being sold and potentially cutting production on a new version to be sold in 2025 if they don't think demand will pick up. I want to say Apple in the 168 range is cheap, but I feel 155 is when it gets exciting. We know iPhone sale are going to come in down, the M4 chip is exciting but not officially out, services are growing but not substantially, and the vision pro feels like a dud -- most of the youtubers who discussed it initially said they returned it and that they don't see the usecase. Apple's EV car is now not real anymore. Reports about a GenerativeAI iPhone is cool but I don't know how many people care about their iPhone being built with AI when many apps on the phone like chatgpt already can do so many thing. I am struggling to see what the next big growth curve is for apple, it's got to be something in AI, but not sure what that is. It wouldn't be crazy if Apple increased the dividend as way to keep investors excited or acquired a company (maybe $DIS? even though regulators would never allow it) to find external ways to grow. Where do you see Apple's growth coming from in the future? It's down 10% YTD and on a bad earnings I can see it falling more but I also feel any single BIG announcement will get the street excited because they love to own Apple -- it just has to be an announcement that shows further signs of growth.

Runner ups I'm looking at:

$DPZ Dominos -- This stock is up 20% YTD and crushed their last earnings. People keep eating pizza. Should show the consumer is healthy enough (ironically) to keep buying Dominos.

$SIRI Sirius XM -- Buffet increased his stake in this company by 351%. I think he is going for an acqusition play here, but Siri's numbers on a fundamental basis are not that bad. The stock hasn't performed as well but I'll be keeping an eye to see what Buffet is looking at.

$PINS Pinterest -- Pinterest is down 6% YTD and has not had the best results over the past 12 months. At one point there was a rumor that $GOOGL would be buying them but since that has faded out, investor interest in the stock has not been that high. They have to show they are the true visual search engine and that they can compound advertising revenue in a world where ad dollars are becoming more competitive to fight for.

$PFE Pfizer -- This is at decade lows. 6% dividend. Looking for a reason to buy at the *bottom* (potentially) while collecting a dividend. Not sure if there is a good reason.

$HSY Hershey -- The price of Cocao has exploded in the past year so raw costs for chocolate will be up, curious to see how Hershey is navigating it and if they feel new brands like Mr.Beast are any threat to their existing brands that dominate in the chocolate space.

It's going to be a big week, what companies are you the most interested in!?

[C_Trader @golfing_trader]

@InfinityBall @LaurynH_96 @the_transit_guy This is the correct answer though. High speed rail has been proposed to the state legislature several times and struck down because of lobbying efforts of Southwest Airlines.

[C_Trader @golfing_trader]

@WayneKuzek @wbmtnops

[C_Trader @golfing_trader]

@wbmtnops

[C_Trader @golfing_trader]

For those who are new to the price action on $SOFI it’s worth noting this is a highly manipulated stock by Wall Street. The banks model is to distrust the very institutions that create the market. If your belief and thesis is the same, buy more on these free dips.

[X @globalpep]

@StockMKTNewz The total population of Singapore is 6 million, and yet it is 1/3 the income obtained by NVIDIA in the US, with a total population of 330 million people. Something stinks inside $NVDA and its bottom line.

[C_Trader @golfing_trader]

I’ve said it before and I’ll say it again $NVDA makes no sense to me. The company continues to crush EPS and somehow exponentially grow a trillion dollar company. I don’t invest in companies I don’t understand the metrics and a ~115 P/E is exactly that. Something smells of Enron!

[C_Trader @golfing_trader]

Hey @CharlesSchwab I get that moves can be frustrating for longtime users and customers but losing years of my history chart is kind of annoying. TDA’s wasn’t perfect but I liked having it still. Can you maybe add back the history and copy Robinhoods UI/UX on the chart?

[C_Trader @golfing_trader]

@MAKRealtyDE @SleeeeepyT @BuilderMonk Your argument of why a realtor is needed and deserves 30k is now to do the same paperwork an attorney could do or someone could get from a state approved document. That’s not worth 30k even if I paid a paralegal or attorney to complete it and they took a full week.

[C_Trader @golfing_trader]

@MAKRealtyDE @SleeeeepyT @BuilderMonk You mean how do I understand how to negotiate a deal, do basic math and read when I don’t know how to do something? Plus most closings include no fixes and little to no concessions. I put together my offers based on doing my due diligence and thorough walk thru before offer.

[C_Trader @golfing_trader]

@MAKRealtyDE @SleeeeepyT @BuilderMonk Simple, look at recent sales prices on Zillow or a local Register of Deeds for the area. Buyers and Sellers can use these for free. I can do all of that without access to your MLS system. It might take a little more work but definitely not tens of thousands of dollars.

[C_Trader @golfing_trader]

Missed the market close. Trying to sneak in a bunch of shares here in extended hours if anyone wants to sell some $SOFI ahead of the earnings Monday. Go hit those sell buttons for me! Long forever