Kyle posted: " Here are the big earnings reports for this week. I will be watching... Monday: None Tuesday: ATVI Wednesday: ROKU Thursday: SQ,PINS,PTON Friday: COIN Lets talk So last week I talked about one of the plays that I made on $SNAP that we"
So last week I talked about one of the plays that I made on $SNAP that went south. Check it out here. Just wanted to update on the play. This week snap pretty much stayed between 50-55. Im waiting to see which direction $SNAP moves. If it moves down i will roll the put out to a later date and try to capture some more premium. If $SNAP moves up towards $60 I will leave the put alone and wait until assignment.
This week I also wanted to talk a little bit about not being so hard on yourself. So many people when they first get into the stock market will be excited and ready to learn anything and everything about it. It just so happens that a lot of your big mistakes also happen in those years of learning. Don't be so hard on yourself about taking a loss or making a dumb decision. Instead just learn from it. What I like to tell myself is ide rather lose 5% of my account now then lose 5% when its a much bigger account. Its also important to not use this as an excuse for making dumb decisions. Be precise in your plays but also don't let your bad plays ruin your outside life.
I apologize I have been a little distant from socials and the shorter lets talks. I have been super busy in my day to day life. As always though if you ever have any questions or just want a friend I answer all DMS as fast as I possibly can:)
Recap of last week
$AMD
Due diligence quoted: "Due diligence: AMD had its nice run up I was looking for the past couple months. Earnings report is this week. I think AMD will report well. I have no idea what to expect. I put this on here because AMD is my biggest holding and ER is this week."
Result: AMD ER was very good. AMD price ended at 120
Overall: AMD has been my biggest winner of 2021. I was very happy with their ER and I will continue holding my position and letting the price take care of itself.
$FB
Due diligence quoted: "Due Diligence: FB earnings are this week. I'm curious to see how FB reports and how investors react because of recent SNAP earnings. This could give me a lot of insight on how to navigate my current SNAP position in the LETS TALK"
Result: Seemed like FB had mixed emotions for their ER. Price finished on 200DMA
Overall: I think FB is still a great company and their pivot to "META" and the metaverse I think can only be a good thing. IMO great entry for a long position.
This weeks stocks and plays to watch
$ATVI
Due diligence: I think ATVI is in a really unique position here. With past news of bad company morals driving the price down I think fundamentally this is a great point to buy. In this ER im looking for a final clarity in a sense of the whole situation. Im also looking for how their mobile gaming numbers are.
$SNAP
Due Diligence: As stated in the LETS TALK im looking for which way snap will run. This will give me an idea of how to manage my position.
REMINDER:
These are my plays and stocks I'm watching for the week you should do your own due diligence and make plays according to your risk tolerance. I do this for fun and fun only.
As always if you have any questions about ANYTHING feel free to reach out on twitter Dm and ask away:) Good luck this week and...
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