Market update 2-16-22 - looks like a muted day unless there's a catalyst
Description
From our podcast yesterday, some of our plays look good.
Devon - DVN - the earnings were good and I'm hanging on for my 5% gain at $53 which should hit today.
Upstart reported earnings - we didn't go over this, but wow
NVDA - soared yesterday and it might be too late to get in before earnings.
SHOP - they beat but guidance was down - this shows you that earnings even if good can get hit - down in premarket
ARKG - buy signal at $49.79 - do you trust ARK to get in at that price?
PLTR - they report soon. Buy price in the podcast, but you'll need to focus on their contract additions
SKT - earnings tomorrow - could be a catalyst
ROKU - the guidance of TTD that went WAY up when they announced and just crashed does not bode well for ROKU. It's always a gamble around earnings.
FB - this is one of the best technical setups for a gap fill above that I see. The danger is the EU enacting privacy and FB deciding to pull out of the EU like they have threatened.
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