Earnings Trading Journal

Discussion in 'Journals' started by TheBigShort, Nov 11, 2019.

  1. Jeff1228

    Jeff1228

    No 1? Great, congrats!
     
    #91     Nov 30, 2019
    TheBigShort likes this.
  2. .sigma

    .sigma

    Hard work and dedication!
     
    #92     Nov 30, 2019
    TheBigShort likes this.
  3. pelman08

    pelman08

    big win bro
     
    #93     Dec 3, 2019
    TheBigShort likes this.
  4. Let me add my congrats to the list. Huzzah! :)
     
    #94     Dec 3, 2019
    TheBigShort likes this.
  5. TheBigShort

    TheBigShort

    thanks guys!

    Sorry for late message. CRM has released all earnings information at a conference call 2 weeks ago! I hope we can all make money on this!
    crm.jpg
     
    #95     Dec 3, 2019
  6. TheBigShort

    TheBigShort

    Screen Shot 2019-12-03 at 3.59.03 PM.png

    MRVL and ZN look really appetizing too. Unfortunately I am not getting filled and bid/ask is very wide on the fly
     
    #96     Dec 3, 2019
    Adam777 and vanzandt like this.
  7. vanzandt

    vanzandt

    Five Below reports tomorrow night.
    $FIVE
    That might be a good one for ya. If I had to guess I'd say its going to drop, but they have a clean balance sheet and a lot of room to grow. They have big plans, I think they opened 55 stores last Q. 850 total now. Same store sales will be what's important. They guided 2.5% and they'll probably make that. There'll be some margin pressure too reflected in the numbers from the tariffs I suspect, but I think that's already priced in. I'm sure they'll boast about digital sales being up, bfd imo.

    Tough call. They'll meet earnings, probably beat nicely as I suspect they sandbagged the estimates... but I don't see it going up much, they might be growing too fast and Wall Street will want to see if they can handle it. Forward PE near 40, but the PEG is decent at like 1.5 ish. If those same store sales miss or forecast revenue misses though... its gonna drop to $105 easy. Thought I'd throw it out there for ya.
     
    Last edited: Dec 3, 2019
    #97     Dec 3, 2019
    Adam777 likes this.
  8. Overnight

    Overnight

    You got a great win, and you post this pic of a tripping hazard? What the hell! Keep it snappy, do not get lazy!
     
    #98     Dec 3, 2019
    TheBigShort likes this.
  9. Adam777

    Adam777

    Watching SMAR and ESTC. I was worried about GIII as last time it had a big move.

    @vanzandt FIVE looks good
     
    #99     Dec 4, 2019
    TheBigShort likes this.
  10. TheBigShort

    TheBigShort

    Thanks for the heads up. Your suggestion on LB was excellent.

    Did anyone pick up CRM? I was out for $4.8 this morning. Nice $2 gain. HQY looked very scary overnight but pulled back instantly in tha AM. I'll post fills when I get in. Overall net positive due to the extra heat i was packing on CRM.

    What are you guys trading today besides FIVE?
     
    #100     Dec 4, 2019