- Simplify Wall Street
- Posts
- Elite Insiders 04.25.24 - Mid Week Updates - $MSFT Earnings
Elite Insiders 04.25.24 - Mid Week Updates - $MSFT Earnings
Analysis + Setups
Mid Week Update ✍️
This week has been very volatile and full of mixed signals.
Let’s dive in, but first, for those looking to add something cool and useful around the house, check out our sponsor.
Invest before this company becomes a household name
What if you had the opportunity to invest in the biggest electronics products before they launched into big box retail, would you?
Ring changed doorbells and Nest changed thermostats. Early investors in these companies earned massive returns, but the opportunity to invest was limited to a select, wealthy few. Not anymore. RYSE has just launched in 100+ Best Buy stores, and you're in luck — you can still invest at only $1.50/share before their name becomes known nationwide.
They have patented the only mass market shade automation device, and their exclusive deal with Best Buy resembles that which led Ring and Nest to their billion-dollar buyouts.
Context
In our last premium post, we mentioned 4130 being a key level of resistance. This was a great call.
In the private Discord, we were bullish, ending last week with $AMZN calls and /or ES longs. Those trades were both profitable.
Where do we stand?
$META earnings dropped the stock, though they were above expectations
$NFLX earnings dropped, even with so so data
$TSLA earnings were pretty bad, but Elon showed he was focused on the $Tesla brand, which led to people buying shares
$MSFT if on the clock reporting earnings today after close. If 395 does not hold, we can test 360s. Where long-term investors may look to add.
4 Trading Tips 😃
Given the mixed signals in the current market, it's crucial to adhere to these 4 trading tips.
They serve as a reliable guide, helping you navigate through uncertain market conditions with confidence and clarity.
Observe more (Read, view levels, understand the narrative)
Trade Less
Buy less (Don’t go full size right away, do half-sized positions)
Ask questions if you don’t understand something
News
Automotive Industry Update:
The automotive industry is needed, but it’s tough to be an investor and a believer in the future of the automotive industry.
A point I want to cover is focused on robotaxi since that is what I think could be a reality in the future. (Maybe not in my lifetime)
What if we do have robotaxis? Wouldn’t that make people lazy?
Robo taxi - https://hypebeast.com/2024/4/tesla-robotaxi-rideshare-service-preview
Some people would drive themselves to work, but many individuals would choose to get a robotaxi and nap on their way.
If this develops, Will GM and Ford follow? Will companies make their money primarily from ride-sharing instead of car sales?
Other World News:
Want Sneak Peak at our emailed levels? View Here.
Want our Discord Trade Alerts? Sign up Here - 14 days free
Premium Levels:
Subscribe to the Wall Street Club to read the rest.
Did you know? Over 70% of entrepreneurs tap into stock market gains to build wealth and reinvest in their businesses.
Already a paying subscriber? Sign In.
A subscription gets you:
- • Sector-Specific Analysis: Weekly updates will show industry shifts and stock leaders.
- • In-depth insights on sectors like technology, healthcare, and energy, covering performance trends, ETF news, and top- and under-performing stocks.
- • Focusing on Stocks, ETF's, Options and Futures
Reply