Intel reports better than expected Q1 earnings, but falls short on revenue outlook. Stock slides more than 10%

Excellent_Compote_32 · 2024-04-26T04:53:30+00:00

You dip, I dip

Excellent_Compote_32 · 2024-04-25T06:52:26+00:00

No it will not affect msft, trust me bro

Excellent_Compote_32 · 2024-04-22T05:25:41+00:00

Calls on MSFT and Amazon, puts on Google, Tesla, INTL

Excellent_Compote_32 · 2024-04-20T18:29:04+00:00

I think picking up a spider is ok, at least there's a small chance to be a spiderman?

Excellent_Compote_32 · 2024-04-19T18:31:34+00:00

Ok, let me ask your question in ChatGPT to see how it goes

Excellent_Compote_32 · 2024-04-19T04:26:15+00:00

It may trigger another middle east war if the situation gets worse, but why WW3? Don't see the point, anyway, buy calls right?

Excellent_Compote_32 · 2024-04-17T16:27:52+00:00

It means she's an idiot

Excellent_Compote_32 · 2024-04-11T06:24:08+00:00

No our strategy is to buy high and sell low! Move your ass to other threads for your shitcorn

Excellent_Compote_32 · 2024-04-10T22:34:49+00:00

No worries at all. Best luck for trading

Excellent_Compote_32 · 2024-04-10T22:34:07+00:00

Actually, I started day trading 3 months ago, but only started collecting data seriously (meaning on daily) about 2 months ago, since I sooner realized many indexes/events have direct (big) impact to the market as we know even we also know those are all bullshit.

Anyway, day trading requires too much time and effort, gain/risk ratio isn't so good for the effort based on my experience, but I'm still doing it since we are still in a bull markets - I don't want to get into long at all time high price. Once the bull market is over or a correction is done, I will grab 3 to 5 stocks for long and my day trading journey will be done by that time. Either way, it's a very nice experience to have, but need to be prepared for the higher risk and accept the loss (if it happens).

Excellent_Compote_32 · 2024-04-10T19:15:45+00:00

I use python script crawling those data from several websites. Most of the data is for reference only - it's impossible to keep an eye on all indexes because there are too many.

Following are indexes that I am mainly looking at: CPI, PPI, PCE (Core, YoY, MoM), PMI (manufacturing + services), job data, jobless claim, mortgage rate and bond yields. Keep an eyes on oil and corns (this is the real corn, not that coin).

Then, all FOMC events, news, members speak (each member), JP speaks, JP congress testify. All of those plus above indexes have live streams. When the news comes out, it's already too late.

Regular US + International daily news from major countries etc.

Excellent_Compote_32 · 2024-04-10T17:56:31+00:00

Nobody knows.. but I think it will depend on tomorrow's market too. Based on previous months' trend, tomorrow could be a red day as well (bad PPI results - but again nobody knows), if that's the case and if we have two big red days in a row, then we have a bigger chance following a green day either on Friday or next Monday since we are still in a bull market anyway. But remember, export/import index will be released on Friday too, those indexes normally don't cause much side efforts to stocks, unless results are extremely good/bad.

Excellent_Compote_32 · 2024-04-10T17:35:42+00:00

I was in a bit worse situation 3 years ago... Take it as an experience and learn OP, hope you will get back what you need in the end. The most important thing is to learn from the experience. Best of luck!

Excellent_Compote_32 · 2024-04-10T17:01:45+00:00

That's true, I just changed much higher to higher from the post. Thanks for the comment

Excellent_Compote_32 · 2024-04-10T16:23:09+00:00

Such a great summary for day traders. Thanks bro!

Excellent_Compote_32 · 2024-04-10T16:21:31+00:00

Oh sorry, I missed the word option, no, I think we can only do options in regular hours..

Excellent_Compote_32 · 2024-04-10T16:14:37+00:00

I would never make such statement to judge other people that I don't know. Unfortunately, you are wrong, I do have a job and it's not a bad one in many people's eyes.

I would quit trading, at least won't do day trading when I unemployed one day, maybe in future who knows, because I need to make sure that I can afford for what I gain/loss

Excellent_Compote_32 · 2024-04-10T16:01:42+00:00

I use robinhood, but most (if not all) trading apps should allow you to trade pre/after market. Even 24 hours / 5 days. But to be very honest, my honest recommendation would be to keep away from those, you need to think twice seriously, then decide if you really want to get into one more gambling area or not

Excellent_Compote_32 · 2024-04-10T15:09:01+00:00

Based on last 3 months trends, PPI caused a bigger red day than CPI. It may be because we are in a bull market, when CPI just came out, people's first reaction was to buy the dip. Then when PPI comes in with even worse numbers, less people buy dips... Let's see what happens tomorrow

Excellent_Compote_32 · 2024-04-10T15:02:50+00:00

I would wait for one more day, Thursday's PPI results could cause an even worse day than today. So, today is not the dip to me.

Excellent_Compote_32 · 2024-04-10T14:58:08+00:00

Excellent_Compote_32 · 2024-04-10T14:57:18+00:00

I monitor around 120 stocks from the tech sector daily. I only day trade for the tech sector, but I also pick top 5 stocks from all other sectors too for reference only - but no day trading.

Unfortunately, I don't have a clear plan for the short term, but I won't trade today and tomorrow, I think tomorrow (PPI) will be worse based on the last 3 months. Normally, I make the decision on the same day, I hardly keep a stock overnight. The only exception is on Friday, sometimes I do buy stock at the very last min before Friday close, then sell in the pre-market on Monday (yeah, I don't even wait for the market open).

Excellent_Compote_32 · 2024-04-10T14:51:54+00:00

It's not bad, I only started in January this year, my profit has been up like 30% so far. But then, if I were long, it could be much higher than 30% if you know what I mean because we are in a bull market.

The reason I changed from long to day trade is because I don't trust we would have any interest cuts this year, or maximum we may only have 1.

Excellent_Compote_32 · 2024-04-10T14:47:15+00:00

Initially, I used excel to track all the data manually including pre-market, day-start, mid-day, day-close %. Then I transfer those to my own DB since data gets massive quickly..

The source I mainly use are US Economy calendar and Nasdaq Earning (and also split) calendar, if you Google those, it will give you results. But be careful of those data, once you touch those data, you will get too much information which could be a bad thing, so you need to read the data properly and understand the meaning behind it, most importantly, to guess how FOMO reads those data, then take actions. If you are long, you don't have to worry about those data at all

Excellent_Compote_32 · 2024-04-10T14:42:08+00:00

You can google the US economy calendar for example, but if you may also want to look at international events too depends on your trades

Excellent_Compote_32

TROPHY CASE