Jitters Ahead of Data.
Everyone remain calm, no sudden movements.
A new AST Portfolio position was sent to members of The LongVol Report today.
If you missed last nights Sunday market outlook, watch it here.
If you are investing with more than $100K DeltaOne is accepting applications, you can apply here.
Another day another dollar made. Let’s start with the Active Trader ideas here to start the blog today.
SMCI
AMD
META
I basically laid it out in that video last night for those who watched.
A lot of money made.
Subscribers to the report had some notes on this as well.
The move on this Nasdaq and SPX, so far, was expected - again laid out in that video above.
Moving on…
The other part of what we do is research here via The 15 page weekly LongVol Report covering long/short ideas across asset classes.
Papa Johns caught my eye back this year when their CEO left - I had an interest in pizza because I spent 4 months looking to invest into a local pizza/Italian franchise in Phoenix called Spinato’s so it was just on my radar.
I talked about what needed to happen in Episode 21 of the article of the week.
They have their new CEO and that’s material - you can’t have Ravi (their CFO) running it.
They’re working on those items above - that’s material FACT not an opinion - they recognized the faults and are/were fixing them.
The stock is up today, it’s a good start on the turnaround but this is, in fact, a turn around not a 1 day trade.
We separate those here.
Active trading is for active trading - you can see that here.
The LongVol Report & AST Alert Portfolio is for Investing & Swing Trades.
For the record, I am long LEAPS on PZZA 0.00%↑ but not the equity yet - today was a good start and it is still being tracked here for material changes.
For readers new/returning here it’s important to separate what you invest in - this is NOT a 5 day trade, never was, never will be - it’s a turnaround so there are expectations to what it could be.
That’s it for today.
Dan
📈 Running a portfolio? Use our LongVol Report and AST Swing Portfolio
🖥️ Trading with less than $30K or part-time? Check out Active Trader
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The LongVol Report is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.