2/17 market update

intraday/swing trade
market is lower this morning, this is on the back of yesterday's ugly selling that comes ride to the close, so what finally broke up here? Well, we have a lot of negative news market seems to ignore and continue higher that combination of higher yields, higher dollar, very tough fed speak with 2 governors yesterday, talking about not being pause 50bp movement March.

Two leaders finally showed weakness yesterday, $NVDA $TSLA, but I think more than anything, we were just tired, economic still hot, we are going higher for longer as two fed governors saying "hey, we are ready to go 50bp, and we should trust JPowell that there's still a lot to do."

moving on to earnings
$HUBS, big winner, clean beat top&bottom line, just beautiful chart cross the board, I don't trade this a lot, but the chart is beautiful, numbers are beautiful, could be great trade for today

$DASH mix quarter, miss on the bottom but beat on the top line. Why it's up this morning really has to do with the buyback

$DKNG strong quarter, stock continues to go higher this year

$DE decent miss on the top line, they beat on the bottom line, I'll look to see if there's follow through to 424, but not super excited about it
next

$AMD when I look $NVDA as leader, it feels like we could have more downside follow through, $NVDA 208 then 200. $AMD after 79 then 75-72 could be buyable but I'm not so excited


stocks I like on the pull back, not today but next few days
$TTD pull back into the gap, very buyable in my opinion

$UBER still own own it, would get larger into 35 again

and the one I keep mention just wait, $META, we are going to touch 170 today. I might start some today, maybe stock not option, I will let you know of course, it's one of the few stock I'm excited to buy, still cheap base on valuation, so that will be focus to me

for those trying to go super short, we might get cute bounce today because it seems like bulls always come out the first few minutes as they really impressed yesterday
$QQQ 299, since the break out of 300 we haven't have much pull back yet, before we go heavy short, there's chance we go below 300 and touch the Friday's low to the 297 then bounce back above it, that's kind of the key area
$SPY it's below some of the key area,  if it can't bounce today around 405, we can see 400 soon

good luck all and happy trading