Snap
If you dont have a map, any direction will do- SNAP stock Reviewing my valuation worksheet and the charts on snapchat now that new analyst numbers have come out after earnings.
Friends dont let friends trade blind. Dont be a dummy and learn valuation.
Recommended reading concepts
Peter Lynch - PEG ratio , book "Beating the street"
Benjamin Graham - cigar butts and the original growth formula book: "Intelligent Investor"
Good luck. Its gonna get rough!
Applying Warren Buffett and Peter Lynch valuations : SNAP stockWhen I was new, I traded just the picture of prices.
Later after living through a full cycles, I learned stocks were actually businesses.
Business sell stuff to customers and generate revenue each year.
Businesses have cash flows and earnings.
Thats why when we look book 10 to 20 years, most businesses are more valuable today then back then.
Valuation looks at what things are worth today and also looks at future potential.
Financial math is discounting the the future growth to make sure you get the best deal you can.
Valuation keeps you grounded.
You can still day trade, swing trade, and option trade all you want. Valuation just helps you know the true value inside the business so you avoid some losers and pick more winners.
Cheers and good luck on your journey!
#snap #warrenbuffett #peterlynch
Managing non directional option trades : #snap Making money even when Im wrong, only in options world is that a thing.
Non directional trades try to capture premium from both bull and bear sides be on a range or sideways trend.
Here I discuss managing non directional trades as time passes and future price moves reveal themselves.
Eventually, this non directional trade became directional. But thats my choice and comfort based on risk reward of the current market.
We have to price risks and choose our exposure.
We dont control the market or outcomes. We control decisions and orders.
good luck have fun be safe!
$snap could go lower to $5 before growing 800% in next years?Lower before going higher? Thats what Im trying to figure out. Snap has growth going forward in the next years according to analysts. Its just this inconvenient thing called the rest of the economy. Advertisers are cutting back this year. How long will that continue for? And what will the fair price for snap as a company be then? Im a fan of this company for the next decade. It just has to endure the correction slow down me thinks.
Weekly Watchlist 9/20 - 9/24Here is what stocks we are watching for this week!
NASDAQ:NVDA
Currently range bounce with a support of $518. Will looks to take puts on a move under that 518 level.
NYSE:GS
Looking at a double top on the daily level. Looking to take puts under the $388 level
NASDAQ:CRWD
Clean bear flag showing on the daily chart. If we get more selling in tech this should see some nice downside on the break of $259.50
NYSE:SNAP
SNAP we are keeping on from last week's watchlist. Looking to take calls to the upside on a break of $76
FB - RSI Overbought on daily and weekly chartsHey Traders, I am leaning more neutral on FB for earnings as it has already made its expected move before earnings (6%). On Friday, July 23, 2021 there was some notable buying of 33,323 contracts of the $400.00 call expiring on Friday, July 30, 2021. Option traders are pricing in a 5.8%, so 392 bullish or 348 bearish. Put call ratio for 7/30 is .67. An august 20 390/420 call credit spread ($4.25 credit received) would be a good ER play. Good luck!
Stocks to Watch 12/06/2020The Bull Market is strong, but many stocks are extended and sentiment seems to be extremely bullish. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 30 total stocks on this list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. There are also some "COVID" stocks which may be setting up again. . Know your time frame and risk tolerance, grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
Stocks to Watch 11/29/2020The Bull Market is strong, but many stocks are extended and sentiment seems to be extremely bullish. I am cautious with new buys until the sentiment cools off a little. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 28 total stocks on this list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. There are also some "COVID" stocks which may be setting up again. . Know your time frame and risk tolerance, grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
Stocks To Watch This Week Nov 14I went through and created a watchlist for names that have held up well in this choppy environment. Most of these names are at or near all time highs or multi year highs. There are 40 total stocks on this list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. There are also some financial stocks which may be starting to outperform the broader market. Know your time frame and risk tolerance, grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!