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: US Initial Jobless Claims Rise to One-Year High as Hiring Slows
- META – Beat Q2 expectations, warns of “significant” spending expansion in 2025. Said it will not provide any guidance until 2025. Can expect infrastructure costs to be significant driver of expense growth. EPS of $5.16 vs $4.74B.
- TDOC – Reports Q2 loss, and misses revenue estimates. -.$28 vs -.$36 EPS, also going for mental health strategic pivot.
- ASTS – Broke the $20 level I was watching yesterday, 5 satellites announced to be launched for September.
- ARM – $939M vs $905.4M expected, EPS of .$40 vs .$34 expected. Also stated it will stop disclosing number of chips reported as shipped. Left guidance unchanged (reason for the drop)
- NVDA – Watching $120/$121 level after the epic 20 point run it had in the past 2 days, leaning bearish at the moment but will likely take no position until the open.
Earnings: AMZN, AAPL, DKNG, COIN, INTC, MARA, SQ
Leave a Reply