Buy FANG prior to earnings today? Ukraine invasion and energy. Market update 2-22-2022
Description
Wow today's date has a lot of 2's.
Putin did it and sent troops in to Ukraine which then spiraled sanctions against Russia and Germany canceled the Nord Stream 2 natural gas pipeline permit. All of this shot futures down as much as 700 points for the dow, but they have rebounded. Today will be volatile.
$KOLD/$BOLD - Nat gas short and long levered ETF's should be good trades today. If you think it'll get more crazy - you can hold, but I get in and out of these.
$UVXY/$SVXY - levered ETF's for volatility. Again - I trade these - not hold them.
$UCO/$SCO - Oil long and short levered ETF's. I trade these as well.
$M - blew away earnings and revenue and was up 10%. Chart looks choppy, but up 10% premarket
$HD - blew away earnings and raised dividend and had a pop but stock is down now. Which shows how crazy this market is.
$DWAC - if I could short this, I would. It's just too much hype and too crazy. Kind of like $F stock - it'll get hyped up, but today's hype will mean a short would be a good move. DWAC is a SPAC, they have not released ANY information on the structure, what the earnings target is or ANYTHING. If you're looking at Truth as a social media platform, just look at Parlor. That's the guide for Truth imo.
$TDOC - this is NOT making money and expect another drop on earnings.
$CZR - not worth the earnings gamble on this
$FANG - I think you could play this one for an earnings pop. The PE is high, but they should report very good earnings.
NOT HEARD ON PODCAST - $PanW - Palo Alto reports after the bell and could be a VERY good play as it's gotten hit recently.
United States
