Earnings watch 5/11

Earnings watch 5/11:

DIS
DNUT
YETI
SONO
WEN
BROS
EVGO
BYND
RIVN
FVRR

Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com/u/growerik/

Comment:

U.S. Core Consumer Price Index (CPI) MoM
Actual Forecast Previous
May 11, 2022 (Apr) 08:30 0.6% 0.4% 0.3%
Apr 12, 2022 (Mar) 08:30 0.3% 0.5% 0.5%
Mar 10, 2022 (Feb) 09:30 0.5% 0.5% 0.6%
Feb 10, 2022 (Jan) 09:30 0.6% 0.5% 0.6%
Jan 12, 2022 (Dec) 09:30 0.6% 0.5% 0.5%
Dec 10, 2021 (Nov) 09:30 0.5% 0.5% 0.6%
Nov 10, 2021 (Oct) 09:30 0.6% 0.4% 0.2%
Oct 13, 2021 (Sep) 08:30 0.2% 0.2% 0.1%
Sep 14, 2021 (Aug) 08:30 0.1% 0.3% 0.3%
Aug 11, 2021 (Jul) 08:30 0.3% 0.4% 0.9%
Jul 13, 2021 (Jun) 08:30 0.9% 0.4% 0.7%
Jun 10, 2021 (May) 08:30 0.7% 0.4% 0.9%
May 12, 2021 (Apr) 08:30 0.9% 0.3% 0.3%
````````````````````````````````````````````
U.S. Consumer Price Index (CPI) YoY
Actual Forecast Previous
May 11, 2022 (Apr) 08:30 8.3% 8.1% 8.5%
Apr 12, 2022 (Mar) 08:30 8.5% 8.4% 7.9%
Mar 10, 2022 (Feb) 09:30 7.9% 7.9% 7.5%
Feb 10, 2022 (Jan) 09:30 7.5% 7.3% 7.0%
Jan 12, 2022 (Dec) 09:30 7.0% 7.0% 6.8%
Dec 10, 2021 (Nov) 09:30 6.8% 6.8% 6.2%
Nov 10, 2021 (Oct) 09:30 6.2% 5.8% 5.4%
Oct 13, 2021 (Sep) 08:30 5.4% 5.3% 5.3%
Sep 14, 2021 (Aug) 08:30 5.3% 5.3% 5.4%
Aug 11, 2021 (Jul) 08:30 5.4% 5.3% 5.4%
Jul 13, 2021 (Jun) 08:30 5.4% 4.9% 5.0%
Jun 10, 2021 (May) 08:30 5.0% 4.7% 4.2%
May 12, 2021 (Apr) 08:30 4.2% 3.6% 2.6%

Comment:

U.S. Consumer Price Index (CPI) YoY went down -.2% minus inflation. Just FYI that means lower inflation 8.3% than previous 8.3%. But Wallstreet consensus was down -.4% minus inflation 8.1%. So CPI news is really a wash, albeit inflation is going down slowly and very high still obviously.

Comment:

Theta gang winning a lot. lol

Comment:

Disney back to 2017 prices

Comment:

Only strategy that works consistently every day the past 2 weeks is an otm strangle 1 ATR spread. lol