These are the stocks on my watchlist (8/7)

Hi! I am an ex-prop shop equity trader.

This is a daily watchlist for trading: I might trade all/none of the stocks listed, and even stocks not listed! I only hold MAG7/market indices long-term. If you use Old Reddit, click “Show Images” at the top to expand the charts. Any positions stated aren’t recommendations, I’m following subreddit rules to disclose positions.

Some stocks I post may be <$500M market cap. These are potentially good candidates to day trade; I have no opinion on them as investments. PLEASE ask specific questions. Questions like “Thoughts on ____?” or “Is __ a good investment?” will be ignored or I’ll troll you unless you add detail and your own opinion. I will block you if you are a troll.

News: Disney Results Mixed as Weaker Parks Offset Streaming Profit

Mostly earnings movers today.

• LUMN – Skyrockets near 100% due to good guidance. Reported loss of -.13 per share vs -.06 expected, worse than prior-year quarter’s profit of 0.10 per share. Total revenue of $3.27B vs 3.25B. Forecasted free cash flow to be $1-1.2Bvs $100-$300M. Yes, they’re expecting FCF to be 10x expectations.
• SMCI – Announces 10 for 1 stock split, EPS of 6.25 vs 8.07 expected, revenue of 5.31B vs 5.3B expected. Cited more competition and slimmer margins. Currently short SMCI.

Other semi-related stocks/ETFs I’m watching: AMD/ARM/MU/SOXL/NVDA/NVDL

• RIVN – EPS of -$1.26 vs -$1.14. Revenue of $1.158 vs $1.148B, also cited that they lost around $32.7K per vehicle in the second quarter. Also announced in June a joint venture with VW, both companies expect the deal to total $5. RIVN expected to close the deal in the 4th quarter.
• RDDT – -$.06 vs -.$33 EPS. Revenue of $281M vs $254M expected. RDDT cited that the company’s data licensing business rose 691% to $28.1M. Overall, the company actually beat earnings expectations but the market still seems to think this is grossly overvalued.
• ABNB – Company warns about moderation in YoY growth, and US tourists are experiencing slower demand for bookings. EPS of 86 vs 92 cents expected, revenue of 2.75B vs 2.74B expected.

Earnings I’m watching: HOOD, (SHOP/DIS/CVS premarket)