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: TSLA Misses Profit Expectations Extending Weak Start to 2024
TSLA – Adjusted EPS is $.52, missed estimates for fourth consecutive quarter. Also confirmed by Musk that he’s pushing back Robotaxi event to October. Despite the earnings miss, revenue beat expectations ($25.5B). Also announced manufacture of new, lower-cost cars in first half of next year. Musk also announced he’s going to pare down his commitment to give $45M a month to the ex-President T.
CRWD – Fourth day of trading since the outage- we saw a GREAT trade yesterday at the open when CRWD sold off from 269->260 and bounced back- going to be watching to see if anything similar like that happens today. Currently long.
GOOG – Beat estimates as cloud business grows, but AI losses grow. EPS of 1.89 vs 1.85e and revenue of $84.7B vs $84.3B. Some Jefferies analyst spoke that meaningful AI revenue is more likely to be a 2025-2026 event.
V – Transaction volume up, $ volume down. Reported a $8.9B vs $8.91B expected. EPS of $2.51 vs $2.43. Note that the quarterly revenue missing is EXTREMELY rare for V, thus the selloff for the stock despite beating estimates. Overall signals weakness for the credit card giants because AXP missed earnings last week as well.
DAL – Plane cancellations continue, expected to take $500M hit as disruptions start to ease- CEO says operations should be normal by Thursday
Earnings: CMG, F, IBM, NOW,
IPO: OS (Financial software firm), offering $490M of shares
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