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Retailers strong earnings and Black Friday record sales. And the winner is...

Today we cover Walmart (WMT).  Two weeks ago (11/15), Walmart reported better-than-expected earnings sending the price up 7%. In addition the company announced a new $20B share buyback.  On that day, WMT stock price printed a bullish kicker, one of the strongest reversal candlestick patterns, starting the beginning of the price surge.  During Black Friday, online sales reached a new record hugely benefiting the two major US retailers: Walmart and Amazon.  WMT stock price is now testing some resistance levels. Where will it go from here?  Watch this video to get the technicals and what to expect moving forward.  Good Trading! Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is a

Kal's Option Trade of the Week- MARA Short Put Vertical

   MARA is past earnings but it has been on a slide for the past few weeks so volatility is still high.  As contrarians, we will make a trade with the assumption that over the next few weeks it will tend to bounce.  We do that by selling a put vertical in MARA.  Watch  this video  to get the trade details and learn. Hope you enjoy it! Kal Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any federal or state

Musk's Stupid Twitter Buyout is Costing Tesla Shareholders Big Time

Today we cover Tesla (TSLA). The company has hit some delivery issues in Q3 2022 by coming 30,000 vehicles short of the projected target. While that wasn't great news, the biggest issue that Tesla is facing right now, is his CEO, Elon Musk.  Musk made the most reckless move a few months back by purchasing Twitter for an insane amount of money ($44 billions). When he realized how dumb that move was, he tried to back out of it. He couldn't.  Now he, and Tesla shareholders, are stuck with it and that is dragging Tesla share prices down. The Twitter buyout is costing Musk top dollars.  Unfortunately, his reckless decision is costing Tesla shareholders even more. Watch this video to get the technicals and what to expect moving forward. Good trading! Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While

Google Third Straight Disappointing Earnings. Where It Goes From Here...

Alphabet (GOOG -9.6%) led a bearish market charge after reporting disappointing quarterly earnings .  The company missed quarterly EPS projections for the third quarter in a row, as advertisers reduce spending.  We also take at the overall sentiment of the market.  Watch this video to get the technicals and what to expect moving forward.  Good trading!  Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any f

Bitcoin and Ethereum Funds: Two Unusual Activities That Could Result in a Big Move

Today we take a look at the technicals for Bitcoin and Ethereum. The crypto market has been quiet for several months.   On Friday we detected unusual dark pool activities (large block orders) in the Bitcoin Trust Fund and Ethereum Trust Fund, GBTC and ETHE respectively. When smart money know something, they place large orders in the dark pool exchanges, away from the public eye. By doing so, they are positioning themselves ahead of the crowds, in order to benefit from move that will follow, once the news or report is made public. However, dark pool activities   do not   tell us the direction of the next move. It only tell us that a large order(s) has been placed. Only a breakout (bullish) about a resistance level, or a breakdown (bearish) below a support level can confirm the direction of the next move. So, what can be expect next? Watch this video to find and to get the technical insights.  Good trading! Trading Risk Disclaimer All the information shared is provided for educational

Kal's Option Trade of the Week - SLV Vertical

  This week we are doing something a little different. We are starting with an assumption that we believe Silver (SLV) will continue upwards in the short term.  While usually we would look to trade around the 45 day window and let duration beat direction, we are making a different assumption this time.  We are betting on a short term continuation of silver to the upside.  So we will shorten our timeframe to the closest expiration cycle above 30 days and look to manage this trade more aggressively, if it shows a profit in the next couple of weeks.  Watch this video to get the trade details and learn. Hope you enjoy it! Kal Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is als

Netflix Explosive Earnings and Market Update. Watch Video

Netflix reported better-than-expected earnings , beating on revenue and sending the price up 17% in the post market. We also take at the overall sentiment of the market. Watch  this video  to get the technicals and what to expect moving forward. Good trading! Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any federal or state regulatory agency. This is not an offer to buy or sell stocks, cryptos, forex, fu