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Happy Friday the 13th. And did you notice I'm sponsored by State Farm now? Call me Jake. Notes on this podcast below.
Use code DSP25 for 25% off Trendspider's platform - https://trendspider.com/?_go=gary93
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Talk about how short squeezes work
$BBBY and $CVNA
If you have signed up for Trendspider and want to know how to do something - hit me up on the socials because we are going to do a custom video learning for subscribers of my podcast and YouTube.
Earnings
Blk- earnings beats by a lot
$dal beat on both top and bottom exceeding guidance from just a month ago …. Crazy good quarter - but guidance for q1 was below consensus because of pilot contract so it’s not actual lower - it’s just an assumption so assume they will beat again
$bac beats huge and soars - this is a $40 stock at some point this year
$jpm beats by a little but with the run it’s been on and the stock being up - this is a big move
$wfc - revenue weaker than expected and poor showing - stock down big on news -
Wells Fargo reported about the consumer and all banks took a leg down big based on some comments about weakness
Shitty group $c - rev beat - had a crazy high amount on fixed income like bac - bonds seem to be huge increase in trading
Investment banking down huge in all businesses
$tsla cuts prices on 3 and y in Europe and us - this indicates production is outrunning demand - this could bring the stock under $100
Friday the 13th
Sponsored by State Farm
Wbd up 40% ytd
Dis up 14%
Para up 20%
Roku up 20%
XOM for Al JR
My trades this week - $BBBY $MARA $UNH and $WFC
SCANS
$LULU
$LLY
$ARKO