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STOCK PICKS FOR THE WEEK
Recorded: July 28, 2025 Duration: 1:05:33Space Recording
Short Summary
In a lively discussion, panelists shared insights on market trends, highlighting significant growth in cannabis-related assets and the potential for volatility during earnings season. With a focus on strategic positioning, participants emphasized the importance of navigating market dynamics as they prepare for upcoming economic indicators.
Full Transcription
Thank you. Thank you. What is up, everyone?
Welcome in.
Happy Monday, July the 28th.
And we crushed the markets.
Again, we did it again, guys.
We had some absolute just pillars on this panel last week.
Let me drop in.
If you're not familiar with the show, we do stock picks for the week.
We go from Tuesday's open.
We make our picks on Monday night, of course.
We make our competition from Tuesday open until the following Monday close.
So we just hit our end of the week.
And let's take a quick look at these results before we start jumping around and getting everyone's market sentiment followed by
their two picks for the following week, the upcoming week here. Taking a look at the leaderboard.
Let me make sure he's in here on stage. There he is. Boom. Our top picker for the week,
on stage there he is boom our top picker for the week andrew at real pristine capital 9.89
percent return with msos on the long side there that's our first place finisher second place goes
to nick drendel uh 6.6 return and our third place finisher is mr. Bull Trade Finder, not 5.47%. As a collective, we beat the market 1.59% across
the board and QQQ up 0.68%, Spy up 1.25%. So we did it again, team. Great job. Great job to our
top three finishers and our top picks for the week. The number one pick was from Nick Drendel, short BMNR,
a 15.46% return just in the last week.
Second best pick, OSCR, that's Oscar Health from Knott's,
12.85% return on that.
And then that MSOS from Andrew was the third best pick of the week.
And great job, team. I am ready to
dive into it. Let's follow the kind of the template that we do each and every time. If
anybody does have to leave early, feel free to toss your picks in whenever I come around to you.
But we are going to try to do the market sentiment in the first portion of the show,
followed by our two picks for the week in the back half.
Like I said, if you've got to jump, whatever, feel free to go ahead and throw those into
me as I come around to you.
But I want to start out with our champion, Mr. Andrew.
How are you, sir?
Doing well.
Good to be with everyone once again.
In terms of what we are seeing in the market for this week, we have some big mega cap tech
earnings coming down the pipe in the latter stages of the week.
So it's not a huge surprise that the market didn't do a whole lot today.
But with that said, since those April market lows, the VIX has come down significantly
and it looks like the VIX is starting to base out rather than just continuously fall.
We got the news that there's a potential trade deal between the US and the EU and that happened
yesterday and there was a big gap higher on the overnight Sunday futures but then a lot of that
move just completely disappeared today. So off the April market lows, one of the keys to watch was there was a news
failure where we got bad news that came out and the market could no longer fall. And it actually
started to rally on bad news. Now we're sort of getting the opposite where we got good news the
other day on that US and EU trade deal, but then the market couldn't rally on that news.
So it really just gives you a good feel for how everyone is now positioned in the market.
There's obviously a lot of people that were really hesitant to buy stocks.
Now a lot more people are in the pool.
So to me, that really says it all in terms of the risk and reward at the overall headline
index level, which is why
I'm really focused on these idiosyncratic themes.
So I'll just dovetail right into my pick.
So I won the contest with MSOS two times for both my picks last week, and I'm just going
to run it back and do the same exact thing and pick the MSOS ETF once again.
Yeah, I've been on this theme for the last
few months. I was a little bit early on this theme, but it's actually starting to play out. So Terry
Cole, he was confirmed as the head of the DEA and Terry Cole said that one of his top priorities as
the head of DEA would be getting to the rescheduling process of cannabis that had
been delayed.
And this rescheduling process has been underway for some time.
It was initiated under the Biden administration, and the DEA has really been obstructing the
process.
But it is my view that we are going to get that cannabis rescheduling, and it's going
going to get that cannabis rescheduling and it's going to happen at some point likely in the fall.
to happen at some point, likely in the fall.
So that's why I positioned in the MSOS ETF because I wasn't really too sure when exactly it would
happen, but I really believe that this group can move pretty fast once things get off the ground.
This is a pretty under the radar pick. There's really no one focused on it because if you look
at the long-term chart of the MSOS, it's been an absolute disaster. The thing from peak to trough was down like 95 or 97%. It
was pretty crazy. But if you look at the top names in that ETF now, they're trading at like
one-time sales. And this is like a multi-billion dollar industry that employs like 425,000
Americans. It's pretty insane. Donald Trump,
he actually just appointed someone as the new head of the RNC. And that person is basically
a cannabis advocate. And then if you look at who he has, the head of HHS, it's RFK Jr.,
who's also a cannabis advocate and psychedelics advocate. So we will see what happens.
It's pretty exciting because this really is a binary event.
Like, does it happen or does it not?
So, yeah, we'll see what happens.
But, yeah, for my picks, I'm going to do the same exact thing.
I'm going to go with the MSOS ETF.
I'm looking forward to hearing everyone else on the panel.
Beautiful, Andrew, and congratulations.
Great job.
You've been very convicted on that msos play and
what a move it made almost a 10 move just in the last week and appreciate those thoughts very
interesting as well i tend to be pretty aligned with your thoughts here i'm interested to hear
what others are saying as well let me go over to nick trindle next nick trindle second place
finisher. Appreciate
you. Congratulations, sir. Hope you're doing well. What are your market sentiment thoughts?
Not surprisingly, pretty in line with Andrew. I loved what he talked about with the news
failure because that's really how trends really change. You get a bunch of positioning on
one side, you get a news failure, and then
people have to eventually overcome their feelings to get in line with the trend. So that's definitely
like something that I've been watching for. I don't know if today was quite that because we
didn't see like pure distribution across growth stocks just yet. So while it's like definitely
something that I'm watching for, I am less confident that it happened
today, but we have the rest of the week to find out.
On the side of positioning, the positioning that I look at is the NAIM active investors
exposure.
And usually over 95%, you tend to get a little bit more distribution, you tend to get breakout
failures.
When you do get like pullbacks, they tend to be more than just like one day.
And right now that actually declined week over week from 83% to 81%.
It doesn't mean that the trend is just going to go straight up from here.
It to me just is like a no signal.
Like some things you watch and then you wait for extremes to really impact
your trading. And that's how I look at exposure. Right now, it's telling me that there's still
money on the sidelines if we want to keep this rally going. And like at this point in the move,
if the rally really continues from here, I am more thinking that we'll get an acceleration
of the leading stocks, of the indexes,
basically where people have to like FOMO in and finally either cover their short positions or get long.
And then once everyone's on the boat, then we'll have that news failure.
So I think we've definitely seen some more chow out of the growth names.
If we take a look at like IWO, which I just posted,
I could post it in the nest.
This is the growth stocks in the Russell 2000.
And it tends to align with my trading results pretty well.
So when this is over the, can I not share this?
Oh, share space space there we go so when when this is over the 20-day ema uh swing trading to the upside tends to be a lot easier and that's kind of the spot that i'm
watching for we just had a quick like retest of the 20 day moving average after like distribution that highs on the on the 18th then we rallied right back in there had a gap down we tested that gap down today
and closed a little bit lower so over the past like week and a half there's definitely been some
some chop in in the growth land that i wouldn't imagine i'm the only one feeling that
and whether that breaks to the downside and we lose the 20-day and then we go into a correction,
or if this is just some chop to set up the next leg higher, there's two very, very clean gap zones to watch.
And I'll just be reacting to the price action around those gap zones.
So if we close above the gap down and right at highs, chances are this was a consolidation
and then we have another leg higher.
If we lose the 10 day, the 20 day,
and the support gap below,
that's a big warning sign for me
to just take my foot off the gas
and at least on the long side
and maybe look at some more short opportunities.
But with all the earnings this week,
I think there's gonna be a ton of volatility, a ton of liquidity as well.
So if people do need to get out of the market or they want to take their profits, this is the week where the market's going to have one of the more liquid weeks.
So really see how earnings reactions occur.
Do we get a lot of gap ups that fade in the second half of the day or later in the week?
Or do any gap ups obviously get bid up and then you have just more evidence that the trend is going to continue?
So sort of answer is I have no idea which direction we're going to go from here.
I think there's enough evidence piling up that it's time to get a little cautious, but I do want to see some news failure or
gap up that gets sold out that really triggers a downside move.
Yeah, it makes perfect sense.
I look at this market and it's like it needs to pull back, but there's nothing telling
me it's going to pull back.
It's almost like try not to be preventative.
And then all the stuff we haven't, I don't think anybody's mentioned this yet,
but all the stuff coming down the pipe, we have four mag seven names this week.
We hit just about every earnings bucket possible this week.
And then also we have Powell in the middle of the week and the jobs report on Friday.
So a lot of data is going to get thrown at us in the next,
we'll call it four days at this point.
So very, very interesting.
Who is that?
He's still employed.
He's still employed.
I promise he's still employed.
Yeah, he looks like a construction manager these days, but he's still employed.
Let's keep going around and getting some more thoughts.
Ben, let's go over to you next next and then we'll continue around the panel.
Yeah. Okay. Well, I'm going to echo some of the thoughts you've heard. It's been very,
very difficult trading in the past week and a half, as was mentioned, especially in risk assets.
It's been the character of the price action has completely changed. Catalysts are being sold off.
of the price action has completely changed.
Catalysts are being sold off.
Opening gaps are being faded.
There's extreme shock throughout the day.
I've had a hard time of it getting chopped up a lot in these risk assets last week and a half.
And, you know, I was thinking that that could be a prelude to an August correction in the markets.
And I was thinking that could be catalyzed by August 1st with the trade with new tariff rates.
I think that's off the table now with all these deals with Japan, EU, and as was mentioned by Andrew, I was kind of surprised we went
red today on good news, or didn't hold the gap up.
And that's a warning sign.
I mentioned this, you were on the other show, and when I was mentioning this, and also mentioned
it to my community, when we fail on good news, that's often a turning point.
But we still have FOMC ahead.
So with the trade stuff out of the way with earnings,
I don't think it's going to be much of a big surprise, to be honest with you.
The trend is your friend, big cap earnings so far being good.
Big cap tech, I think big cap tech will continue to be good here this week.
The biggest variable now is FOMC, and in my eyes, it's all eyes on FOMC.
And Powell here can now be the catalyst to either cause that August seasonal correction or to maybe have a melt-up.
I think a lot of people have been waiting for a correction in August.
If Powell somehow surprises and becomes dovish,
then I think everyone can be off sides and he can have a further bigger melt-up.
And if the status quo happens with Powell,
or is going to be the status quo, I don't think he'll come in more hawkish,
but if his status quo, that could be the catalyst now needed for the August seasonal correction. So I think it's all dependent
now on Powell. And I was actually very bullish coming into today. I thought we'd run into FOMC
after that EU deal. It felt really good. I think it was a big surprise to a lot of people. It was a
good deal. So even though we had this news failure today, and it could be the start of a correction,
depending on what FOMC happens, I'm actually even more bullish longer term.
And I've been saying that a correction would only be temporary, like a three or four week
thing maybe in August and be off to the races.
But after this EU deal, I'm even more bullish that whatever correction we do get in August
is going to be a great buying opportunity.
We'll be off to the races the rest of the year.
So that's my view on that.
And I'm going to get my picks now.
A week, SRPT starts trading, by the way, at 5.40 p.m.
Did you catch that imp on our 1 p.m. show?
Who was it who came in and tailed on the show and gave the SRPT idea and said,
this is a good one to play with options?
That was Spartan.
That was Spartan?
He's like, yeah, any little bit of good news and this thing's up like 50%
and FDA lifted the hold.
Oh, my gosh, this thing's going to, wow, who's going to bank?
I'm assuming he took the trade that he suggested.
But anyway, they've resumed here at 5.40 p.m.
So I'm going to give my two picks now.
With all the uncertainty this week, with everything I just described,
I'm going to go with two ERs that could potentially buck the market trend.
I'm not going to do a big cap ER because it'll be subject to the whims of what happens with the major indices.
Two ERs I'm going to go for.
By the way, one of them, I think.
Actually, I would have done WGS for tomorrow morning, but a little bit too late for that one.
I think we talked about it on the 1 p.m. show, but WGS will put tomorrow morning,
so I'm not going to get a favorable print if we gap up for the competition.
So the other two, there's three earnings I like this week.
It's WGS, GDX.
The other two I like for this week is PBI, which I've talked about ad nauseum on many
shows.
That's my biggest position.
PBI reports Wednesday after the closing.
The other one is TMDX.
So I'm going to go PBI, TMDX on, let's call them idiosyncratic earnings.
I love that MSOS pick, by the way, Andrew.
I've been playing that along with you.
But yeah, I think with these kind of mid, I don't know, they're not mid caps, what are
they, like multi-billion dollar market caps or whatever, low multi-billions on TBI, TMDX,
I think if they do have good earnings reports, it could buck the market trend in case we do get a correction later this week into August.
So those are my two bigs, PBI and TMDX.
All right, there you have it.
Whitney Bowles, PBI and TMDX.
That's Transmedics, right?
Yeah, Transmedics there from Ben over at Story Trading.
Ben, let me ask you one quick follow-up.
If Powell comes out and says,
yeah, we're probably all going to be on board to cut rates in September,
what do you think the market does?
Yeah, that's what I was talking about earlier,
and I wrote about this specifically in my morning note this weekend.
I don't think that's the base case.
And I think that's going to surprise the upside and take everyone off sides.
It kind of reminded me of that moment a few months ago when QQQ Spy was right at the 200 DMA.
And everyone thought we were going to pull back.
And then over the weekend we got that China deal out of nowhere.
Or at least a temporary deal, whatever.
The initial deal. got that China deal out of nowhere, or at least the temporary deal, whatever, the initial
deal, and everyone was off sides, and we had to short squeeze above the 200 TMA.
So I think that possibility exists.
I doubt it's going to happen, but if that happens, I don't think anyone's expecting
it, and we could squeeze higher from these levels.
The only counterpoint I would make,
I don't know if anybody's expecting Powell to be like to signal it,
but the only counterpoint I would make is they,
the interest rate futures are pricing in that first cut still for September.
Obviously that can look much differently by Wednesday afternoon, Thursday morning, right?
I would say though, it's more about his commentary and his tone.
I've noticed, I don't know, you know, markets really move on FOMC more based on the presser,
you know, how that 2.30, 3 p.m. go rather than any of the quantitative numbers.
So, you know, if he comes out and it all changes his tone and his dovish, I think that tone will be unexpected and can cause people a flip bud to the other side.
Absolutely. That's what I'll be looking for, especially that Q&A, depending how he handles the Q&A section there.
Appreciate that, Ben. Just to recap, that is PBITMDX from Ben at StoryTrading.
And Andrew dropped MSOS a little bit earlier.
Let's continue around the panel.
Vegas, let's get your market sentiment thoughts, please.
Okay, everyone.
My thoughts are still bullish.
A lot of you were actually quite bearish last week.
So I'm glad to see some of you have changed your stance.
It's showing, you know, still, you know, the market is still going to be upside.
I mean, you know, for a lot of you guys that are really into technical analysis, you would actually notice that we're still in an uptrend because a lot of the major indexes are still above their moving averages
and the number of days of distribution is still very limited and we're still seeing a lot of these
earning winners powering up i mean i mean i've been watching oracle and very strong avago has
been very strong this week so my sentiment right now is still to the upside i'm actually waiting
for the month of july to wrap up because I'm going to be super excited
about NVIDIA because we have earnings coming up in August.
And I think the whole market is going to wait for those earnings before there's any major
pullbacks because they are the AI king, as we know.
And all these other stocks are relying you know, relying on AI being
the, you know, sentiment of the year, the next two years AI, you know, here Dan Ives, Wood Bush
talking about AI revolution, who's absolutely right. And the thing is, NVIDIA is the king of AI.
And so when the earnings come out, you know, within the next month, by the middle, you know, towards the end of August, I think it's going to change the whole landscape.
And we are obviously going to see some pullbacks, but I think it's not going to happen until September.
If there's any kind of pullbacks, because the market's still waiting for.
So I'm going to give you my two picks for this for this session. I'm going to go with NVDX. And I'm going to take a risk and take a
Sophie earnings play because Sophie reports tomorrow morning. I'm going to take SOFX as my
second choice. So those are going to be my two plays. I'm bullish on Sophie long term as well.
You know, holding on that one for in the long-term
account. So I'm looking forward to seeing how that one does tomorrow morning, but NVIDIA is just like
no-brainer. It's just AI play and it's heading towards 190. So it's done extremely well even
today with this market up and down, even with the news about the European Union. And yeah, I agree with the panel
that it did not hold a lot of chalk today. But I really did like the close of the market,
closed extremely strong, in my opinion, and looking for more bullishness. Will we get a
surprise rate cut announcement? I doubt it. But if we do get one, that'll be really crazy.
But I'm bullish, and I'm'm gonna look at probably some spy calls
as well uh into bomb c so bull for me
bullish vegas uh you know what i the nvidia is so interesting to me because i feel like and i
mentioned this a little bit earlier today we're to find out so much from these other mega cap companies about how much they're spending on NVIDIA.
We already heard Google's CapEx is a surprise to the upside at $85 billion versus the $75
expected.
I'm wondering, I mean, NVIDIA, new all-time high today.
Does this thing slow down at all?
And do we just keep hearing that in these earnings reports?
That is very interesting to me. Yeah, you know what? I don't think it's going to slow down at all and do we just keep hearing that in these earnings reports that that is very interesting to me yeah you know what i don't think it's going to slow down whatsoever
i mean they have such a backlog too of the demand of the orders and stuff so i think nvidia is just
wait till we hear the earnings i think it's going to be another shocker uh jensen is amazing and his
team is way ahead of all these companies in terms of the AI. And that's how the AI spend and catpacks will go up for everybody.
So I think this will be amazing.
And, you know, they need NVIDIA.
They need its product.
So every company has it.
So the spending won't stop.
It's going to keep going.
And by spending, they're saving money too.
So that's, you know, really good for them too.
Just keep buying NVIDIA, the latest and greatest,
over and over, rinse and repeat.
I love it, Vegas.
Thanks for your thoughts.
And just to recap the picks,
NVDX and SOFI SoFi, both on the long side there from...
Oh, I'm sorry.
That's why I recap. Yeah, it's okay.
Thank you so much.
SOFX, correct?
Correct.
Perfect. That's why I always double
check, right? You just never know.
SOFX and
NVDX. And of course, I am
going to have a tweet out with all these pics
right at the top of the hour. So stay tuned
for that. Let us know who you think is going to win thank you for your thoughts vegas thanks for being
on the panel as well um who can we go to next let's go to knots our third place finisher mr
bull trade finder over there knots what are your market sentiment thoughts at this point
yeah it's pretty interesting i mean i'm not to beat a dead horse because it's already been said. But yeah, I mean, we're going into a time where usually at the end of July, it starts to get a little, well, going into August, it gets a little bit weaker. I mean, this week we have a ton of news. You got earnings, you got FOMC, you got NFP, we go on and on. So there's a ton going on this week, especially going into that new month. Um, and you know, we have to see basically how these earnings report, um, what Powell says on Wednesday, um, what the Fed does on Wednesday, what NFP says on Friday, if I'm correct.
day if I'm correct. But yeah, I mean, it is definitely interesting. And again, like everyone
else is saying, you know, we're starting to lose these gap ups in the morning. No, really not,
not much follow through and other things of that sort. So personally, you know, there is a little
caution to be had, you know, size appropriately. Be ready for whatever the market is going to give you in these coming days and weeks.
And especially this week, again, with all the news, we could gap up.
We could gap down.
We could have a lot of volatility throughout the week.
So just be careful and ready.
Do you want my picks, Mr. Emberdor, right now or no uh we'll come back around if you're able
to hang out we'll come back around and get those um unless you have a time uh no no i'm good of
course but i agree with you not so you know when i look at the market it's like i don't know it's
it didn't pump in the first hour like we saw many times over the last week or two, but it also like one day you see SPY stronger and then you see like today you see the NASDAQ
stronger.
And I mean, all time highs on Friday.
And then today we barely back tested that all time high and basically stayed above it
on the NASDAQ.
So it is interesting, but are we a little overextended to the upside?
Could also be the thing. And we also heard, I think it was Nick Drendel mentioning we a little overextended to the upside? Could also be the thing.
And we also heard, I think it was Nick Drendel mentioning this a little bit earlier, where
you have a lot of liquidity possibly going to change some hands over the next three to
four days.
Is that a chance for a lot of people to lock in profit as well?
I don't know, but it's very interesting.
Nuts, do you think, is it just buy the dip once we get one?
Are you sitting on your hands mostly?
Where is your headspace at here?
Selling a lot of spreads probably.
Yeah, yeah.
Today, selling spreads.
I actually got a call spread before the drop.
And when we got a decent drop today, I did a put spread as well.
So it worked out perfectly both ways.
I know when we were on live together today, the only thing I did long was gold, and that was about it from that $3,300 level.
But yeah, I mean, listen, there's no follow-through.
It's just a lot of chop trading.
But there is obviously opportunities to go long and short if you're a day trader and intraday trading. So, you know, just be cautious, you know, follow your setups, your strategy,
and just basically go from there is what I've basically been conducting
over the past few days as it, again, has gotten slower.
I hear you. Appreciate those thoughts.
Nats, we'll come back around and get those picks.
Let's go over to Sam Solid.
Mr. Sam, how are you?
What are your market sentiment thoughts up here?
Appreciate it, man.
I mean, I don't know if you want to do a Gav.
He's been pretty on fire with the hood calls.
But for me, I mean, my short term portfolio is up pretty nicely since April lows.
I don't necessarily like to get greedy and press things, as I had been with certain positions in the last couple of weeks.
And they've continued to just pick up momentum.
After the Tesla earnings, I came to earnings with a small Tesla position.
But then once it pulled back to 300 level, I did press it with a sizable tsl tsl position
which i did sell out of today and whenever i see these type moves especially a long-term portfolio
i just wait i continue to add cash to the account uh just in case we do get a little bit of pullback
or just in case we do get uh something more in the long-term perspective to add to the long-term port. But I haven't really
seen that lately. I've added pretty considerably to GitLab GTLB probably a few weeks ago,
right after the earnings. And just sitting in that, letting it do its thing, it's a combination
of shares and leaps as well for 2027. So I could definitely sit in and outlast whatever is going
to be coming up. But as far as the market goes, you know, we don't have that skewed risk reward setup,
asymmetric risk reward setup that we had back in April, even May or even early June.
It's somewhat caught up a little bit from a sentiment perspective, but also from a positioning perspective.
from a positioning perspective.
As Nick had mentioned, the NAIM indicator,
which is the cumulative survey
of all the cumulative hedge funds that are longer short,
100 is 100% long, and anything above that is using leverage.
We haven't quite reached a point where it's super extended,
but we also haven't reached a point
where it's super short. So it's to kind of determine what happens in this market but
we've had seen like more than a few plays where you know you have like certain tactical positions
we can go long i went long china probably a less than a couple weeks back that's done pretty
considerably baba was very strong today in terms of the whole china basket exposure kweb is somewhat
flat to down today,
which is kind of expected. But when you think about the news in terms of buying chips as far as China goes, not the EU, but China, it is quite bullish for these companies because it just means
that they're going to set up a heightened compute excessiveness when it comes to how much they're
going to be purchasing in terms of the H20 chips or in terms
of the MI308 chips from AMD. This is quite bullish in terms of setting up for how competitive they
could be in the AI race. In my opinion, it's more about sentiment than anything when it comes to
China. It's not as liquid as the US markets, but then again, it is still quite a big market compared
to other neighboring countries.
But I think there's a lot of alpha to be had in these neighboring markets.
But as well as that, we do have a good amount of earnings come this week.
That's why you guys mentioned.
Tomorrow, we have UNH, UnitedHealthcare reporting in the morning.
Definitely going to move a lot of healthcare companies.
And Nats, I'm not going to see your play.
I know when you're going to go long.
But I'm not aggressively adding to positions right now i think there's there's is some risk reward upside but as
far as a macro as a whole it doesn't constitute me adding aggressively to the long-term portfolio
short-term portfolio i don't really have that many positions it's mostly just china stocks
or uh it's oscar or most also long Oscar in terms of shares and
leaps, but nothing too aggressive and GitLab as well. But besides that, I'm not trying to press
anything right now, more because I know the narrative can switch very quickly. We aren't
necessarily heating up too much from a broad market perspective, but at the same time,
you see the news failure events that you guys are
talking about. And let's keep an eye on that as well. I mean, how many times have we gotten a new
deal coming through the door and the market ends up flattened down or flattened slightly up?
That's not the move that I want to see for continued momentum. But at the same time,
you have a lot of hedge fund managers as well as leading market analysts in Wall Street saying that
they are going to buy the dip hard if it does come. analysts in Wall Street, saying that they are going
to buy the dip hard if it does come.
So that leads me to believe that there likely is a dip season now that might continue.
I'm not saying that's not going to get you.
I'm not trying to short the market.
But it leads me to believe that, look, people got left in the dust for the last few months.
They're waiting to buy the dip.
So it's likely if we do get a dip,
it's going to bounce pretty considerably.
What happens from there?
Who knows?
But we do have a lot of catalysts coming up.
We have FOMC coming up this week,
in addition to about $4 trillion plus
of earnings this week as well.
More than that, probably $6 trillion plus.
Amazon, Microsoft, and Meta.
And just into that, we have big retail names
reporting this week as well
that's hood sofi tomorrow there's a lot of movement expecting to come this week as well
as united healthcare is it smart to make a move before these earnings happen in my opinion earnings
are very much more of a gamble than anything you can hedge your risk if you are long or short calls
puts whatever it is.
But no one knows for sure what's going to happen with these earnings.
But with these retail heavy earnings, anything can happen at that point, regardless of whatever
is said of the comments call or anything.
The market's going to make its move regardless.
So I would like to take the narrative of just the positioning of just sitting and waiting
versus feeling
pressured to make a move.
That's really what I'm taking today.
I got out of my TSL position.
That was a pretty nice gain.
It was like about a 7% to 10% gain in a short period of time, just a matter of a few trading
days.
And I'm going to take it for what it is.
I haven't decided to add heavy to a Tesla position yet, so I'm not really sure yet,
but I would like the long Tesla,
but not when it's like at the peak of its amazing news that we've seen over the weekend, as far as
$16.5 billion deal for Samsung to create AI6, six generation chips. Yes, that's very bullish,
but did we really see the reflection as far as a broad market perspective? Not necessarily,
especially from a big
eu deal that we have seen for quite some time so keeping an eye on energy might use that for play
but we'll see thank you great thoughts there sam i just want to ask one quick follow-up uh china
is china in a full-on breakout when you look at K-Web and some of these things?
Isn't some back tests of that breakout?
Where are you at on some of these China names?
Well, the overall IndyC or the ETF, K-Web, which is basically the American Bastion,
I think it's CraneShares that owns that one.
It's been running pretty hot lately
from an RSI perspective. I'm pretty basic whenever it comes to a lot of technical analysis. I don't
have all these crazy tools that a lot of you guys have. And personally, I'm not an expert TA player,
but I do try to add some alpha to the portfolio by trading in and out of these high growth assets.
What was actually interesting to me was that K-Web was down today,
but Bava was up pretty considerably.
There was a narrative that there was going to be a China deal coming up.
However, the broad market on the US side didn't necessarily give into that,
neither did the China markets as well.
So, you know, I'm pretty cautious right now.
I still have my Bava leaps, still holding on to it.
Trimmed it quite a little bit last week.
So I'm waiting to see to possibly reload onto that.
What we're really seeing was the dispersion in terms of performance of Chinese stocks versus U.S. stocks.
They can very well be in a negative correlation for quite some time.
So if we do get that pullback in the U.S. assets, I would not be surprised to see China stocks rally for a some time. So if we do get that pullback in the US assets, I would not be surprised to see
China stocks rally for a little bit, mostly because the money has to go somewhere.
When you think about the money that's in the market, it needs to be used,
it needs to be exercised, and it has to go somewhere. You can't see billions, hundreds
of billions of dollars leave the US markets and just basically stay in cash over the period of time. These hedge funds and large fund managers, they have a requirement of
amount of money they need to invest in. So it's going to go somewhere. And usually the big moves
you see in the market, they go from one place to another. When you get big moves where you've got
follow through days where all of the indices are up over 1%, 1.5% or 2%, whatever it is,
we have not seen that in some time. And that usually
indicates that a lot of fund managers are throwing money into the market and possibly leaving it
there. But when you see days like today where moves get faded, that's kind of a red flag for me
in terms of everyone came in today expecting a big green day. We did not get a big green day.
We got somewhat of a flat day. I would actually attribute that to being flat today because mostly the semiconductor industry is what's bringing the market up today.
But at the same time, you know, something to note.
There's no reason why you need to make a move every single day.
You can be patient.
Cash is position.
And we have that option as a retail investor.
A lot of fund managers don't have that option.
They can't just stay like 20% cash, whatever crazy amount a lot of fund managers don't have that option they can't just stay like 20 cash whatever crazy about a lot of people staying they have to utilize it and leverage
it somewhere and that that's that's just the thing is that can the money rotate out of the us and go
to china well we've seen that many times we saw that during deep seek where we had the x us trade
where we saw germany up to all- highs, China up to 52-week highs.
We saw a lot of other regions, especially Poland, up to all-time highs
while the US was pushing new lows.
That can very well happen.
So that's just something I'm keeping an eye for.
Yeah, I appreciate that.
Additional context there, Sam.
Before I go over to Gav next, Nick Drindle, are you still around?
Yep.
That BMNR just dropped another offering. They're down another 20%.
I don't know if you saw that on your news feed.
Oh, no, that's going to be my pick.
Oh, no.
God, dang it.
That was your pick from last week that did so well, and it's literally down another 20%
after being down 11% today, just in after hours on a,
uh, that 45 million share dilution basically is what we'll call it here. So, uh, do you want to
call out that news? Yeah. Yeah. You were all over it though. Poor timing for the competition part,
you know, happening in between Monday's close and Tuesday's open, but just wanted to call that out.
That was, uh, Nick's pick for last week.
It was the best pick we had last week, BMNR short side,
and it went up 15.46%.
And now here it is.
If this show would have been tomorrow,
you would have absolutely just wrecked everyone.
You would have taken over first place for sure.
But either way, let me continue around,
and we'll come back and grab your
picks here in just a moment nick uh gab got you up here on stage want to see if you have any market
sentiment thoughts to share with us yeah is this just thoughts or thoughts and picks uh we're still
in thoughts we uh if you need to uh drop your picks feel free to uh to do that as well no it's
all good all right uh thoughts on this market. I think that we're
seeing a little bit of that rotation into some of the large cap names that we're trailing a bit.
It seemed to be where we're getting a little bit of a move to. So a couple of those, you know,
this year, obviously like Tesla, right? Really nice volume the last three days on Tesla. It
wasn't just today. I know people have noticed today, but the last three days, really nice volume the last three days on Tesla. It wasn't just today. I know people have noticed today, but the last three days, really nice volume.
And it's back up above the 200 SMA.
So I think that that is a good sign.
Let's see if we can hold it.
Google has always been very interesting to me.
Recently, you've seen a huge push towards it, right?
And so I think that these names can continue to carry the overall markets higher.
I kind of like the swing between, you know, the small names and kind of the random stuff, and then back over to
these large names. QQQ, you know, new all-time highs today. I'd love to see that.
Continuing to just push to the upside here. It's been pretty beautiful. At some point,
we all know that there's going to be a pullback of some sort. When you get that pullback,
I would look for the 21-day SMA. That's what I would consistently look
for. Just watch the chart. I mean, recently, that's where our pullback was back on June 23rd.
That's when one day SMA, if we started to get way too far away from that, I would just look
for pullbacks to it and just play those. That would be my main suggestion outside of that.
It's really hard to tell because we're just going into earnings season,
you know, and earnings season, kind of anything can happen when you get into it.
And right now, the reactions have not exactly been massively positive that we've seen coming
out of it.
So I would certainly proceed with a little bit of caution throughout.
So yeah, those are my thoughts on market sentiment.
Beautiful. Well said, those are my thoughts on market segments. Beautiful. Well said gap. Uh, we'll get your picks here in just a few moments. Cause I want
to get over to Jordan and get his market sentiment thoughts. Yeah. Interesting market this week. I
mean, I'm, I'm like, I'm feeling pretty bullish going into tomorrow, but that's just because,
I mean, we were on spaces together. And, together, and we were bouncing out of that big spot on ES and NQ.
So, I mean, I'm bullish for now,
but this earnings season and all the data coming out this week,
it could change my thoughts pretty quickly.
I have some big spots on my charts on both ES and NQ
that I'd like to see us rebalance to a bit lower.
We have a big spot on the daily here, 63.91.50.
That's just that Thursday low on ES. I uh 63 91 50 that's just that uh thursday low
on es i would love to see that get traded back into but i'm not really bearish there like once
we tap into there i'm extremely bullish i'm looking for the move to the upside and uh and i
just see that kind of across the board with nq as well big another big weekly spot i have on nq is
that 22 582 um which is a,000 points lower. But it's
just funny, we could drop 1,000 points and this market's totally fine. That spot, if bulls want
to hold that, I think this market's totally fine. So it's tough. I don't want to go against things
because I don't really have the full trigger on the higher timeframe telling me like, oh, you should want to
go short this. But I do think we have potential to hit some of these spots, especially going into
a week where we have so much volatility. So we'll see what happens. I'm just going to play with some
front of me, of course, with the futures. But as for picks, it's going to be a little bit tougher
this week, I think. So I think I'm a little more bearish, honestly.
I guess I'm going to roll with that.
Going into tomorrow, I'm looking to play the morning longs.
We'll see if my thoughts change when I wake up in the morning
and how the Asia and London session traded.
But I think by Wednesday, when all this data is coming out,
I think my thoughts might change.
And, you know, if I'm wrong, I'm wrong,
and we're going to play with some front of me but uh i don't know i just think it's it's tough we've hit so many of my targets to the upside uh and we're just in price we're constantly just going
back to price discovery mode and then we you know this gap up that we had on sunday and then the way
we traded through this and i was pretty aggressive to the downside. I just really want to see more.
I want to see how we trade tomorrow.
I want to see how we trade Wednesday and then I'm going to be more confident.
But of course for the competition,
got to,
got to make the decisions today.
So it's going to be tough.
We'll,
we'll see.
We'll see what we roll with.
I'm not quite sure yet.
Well,
you better get,
get to picking.
Cause we're going to come back to you here pretty quickly i'll
cap off my my thoughts i just copy and paste pretty much everything this great panel has
set up here i mean there there's nothing wrong with this market but it is a little bit of
there's a little bit hot right now it's it's tough it really is a tough spot for me this is
the time where i just slow down a lot you know I can still make my intraday futures moves, but as far as like wing trading and a lot of like, I've started to
build some more cash. I've started to trim some profits across the board, but still pretty,
almost fully invested, honestly. So that's where I'm at. And, you know, I just, I don't see any reason to jump out yet,
but I do, I do feel like we're getting close to some type of pullback. Now, whether that's two
weeks away or a month and a half, two months away, I don't know. So I'm just kind of one foot close
to the door, but still staying here pretty much long my main portfolio.
But that's where I'm at.
And I want to get around to everyone to get the picks for the week.
Just a quick reminder, we do have on the board already PBI, TMDX from Story Trading.
We have MSOS from Andrew at Real Pristine Capital.
And Vegas has NVDX and SOFX on the board already. And let's go back to,
let's go to Nick Drendel and see if he has his two picks lined up for us.
All right. I'll go one long and one short for it. For the long, I'm going to go with DAVE.
This is a software company that has been a monster the past two years.
I think it went from like $5 up to $2.80.
Since then, we had like a really sharp breakdown, basically in four days through the 5, the 10, the 20, all the way to the 50-day moving average.
And then we started to find some support there.
Two kind of ugly closes underneath, and then we rallied back into that area. We put in a higher low and now we're kind of like wedging in to the underside of that
50-day moving average with really tight trading today.
So this is going to be one that like I'll know within probably 30 minutes if it's going
to be a setup that works or not.
But we've got an inside candle.
We've got the overhead 50-day moving average that we've tested and then held a higher low on.
So the trigger on the long side, this is going to be a long pick,
is through today's high, stop would be today's low,
the 5-day and the 10-day at 210 or just below 210.
And this is pretty similar to a setup as SEZL,
which was another high flyer, kind of thinner name.
It had super sharp pullback
to the 50-day moving average, and then had a nice bounce from there after putting in like a quick
intraday high or low and holding the 50-day on a closing basis. So some of these growth names that
like has already pulled back like pretty sharply, and just like like bmnr like crazy names but
like names that actually have constructive price action beforehand uh these are stocks that are at
do or die positions and when you're at a do or die position you can size up a little bit more
because you're going to know if you're right or wrong with within a few percent. So while keeping whatever your standard risk on a trade is,
you can size it a little bit more with that.
So DAVE on the long side.
And then, okay, so we'll go with AFRM on the short side.
I know this is going to probably be impacted by SoFi
and some other earnings
this week. But AFRM is a name that I always tend to trade better to the short side than the long
side. And since this peaked so far in this rally on the eighth, we've seen three kind of distribution
bars. One, like at the highs, a big reversal. Second one got through
the 10 and the 20 day moving average. Then we rallied, put in a higher low and then reversed
on another distribution bar. And now we're wedging up over the moving averages and another
very like tight spot to manage risk against the trigger for the short would be through
today's low. The stop would be at today's high.
I know that's not how the competition plays,
but that's how I'm going to be trading both of those.
All right, Nick, long DAVE, Dave, and short AFRM.
And I do believe that Dave,
and I think Dave basically does similar to what Affirm does, but in a much more technological way.
I want to say they use like AI to do kind of like payday lending and stuff as well.
And I've heard that they're a stronger, I don't know if you know a whole lot about them or more than I know about them.
But just from what I know, the base level is that they essentially use AI and technology to do payday type of loans, kind of like buy now, pay later, similar to a firm, but in a different manner.
Yeah, I didn't even know that. I just saw that it was a software company. I trade mostly just based on technicals.
Yeah, absolutely. But that is interesting because you kind of created a pairs trade. That's why I wanted to bring it up. You really created a pairs trade here that could be very, very interesting to keep a track on.
But either way, I appreciate you, Nick.
B-A-V-E long and A-F-R-M short.
By the way, if you haven't gone in and given a follow to all of these great speakers up here, make sure you do that.
We appreciate them spending their time and, of of course consistently beating the market in this competition and they do some great things
both on and off this platform so make sure you check all of them out uh knots let's go over to
you and get your two picks for the week please sir yeah uh i'm gonna run it back with oscar again i
mean unh has their earnings tomorrow that could interesting. And something that I saw that was interesting today, too,
was some government officials talking about ACA being extended.
And that's a big reason why Oscar actually took a fall.
It's due to ACA risks.
And if that is in talks to be extended,
that is going to be a big plus for Oscar.
That is going to be a big plus for Oscar.
I'm not saying it happens this week.
I'm not saying it happens this week.
I'm not saying it happens at all.
I'm not saying it happens at all.
But that is a great step into kind of mitigating or needing those risks.
So I'm going to take Oscar again.
And that was a big pick last week.
And it had a really nice move going to the end of the day.
Setting up a hammer on the daily.
And then I'm going to take another play
that I've done before,
Zeta, Z-E-T-A.
Also held up
pretty well today. It's been
in a little uptrend after also being
taken down over the past few weeks.
And it looks to
push into the high
17s. It looks like it's holding very well.
Held the 90 in May on the daily today as well.
And a key support there.
And if it could push over just about 1670, just around that area, it has some nice room.
And they have earnings next week as well.
So possibly a little run up into that.
But again, anything could happen with all the news we have this week, all the earnings that we have this week.
But my two picks are going to be Zeta, Z-E-T-A, and Oscar, O-S-C-R.
Boom, there you have it.
Knott's running back, O-S-C-R, Oscar again, and adding Zeta in there, both on the long side from Mr. Bull Trade Finder.
Sam Solid, let's go over your direction
get your two picks okay so um i knew he was gonna pick oscar uh that's why i didn't even like really
want to talk about it that's why i called him before you yeah no i mean he probably did better
in the last competition this week before i did. But no, that's actually a pretty good setup.
I am already long Oscar in the portfolio with leaps and shares,
but I have not added to it yet,
mostly because I'm waiting for an opportunity at a time
to add other names in the market.
However, I'm going to have to go short TSLL.
That's a Tesla two-time sticker.
Actually, yeah, there's only like a one-time short Tesla.
Actually, I think that's TSLX.
No, no, no.
What?
You got TSLZ, baby.
Okay, fine.
TSLZ.
Wait, is that the one-time short?
2X. Okay, great. 2X Rexharesx okay great here we go rex shares let's go so then gonna go long tslz not necessarily bullish on tesla in the short term uh they got a
lot of great news they were up a lot today um didn't necessarily fill in the gap uh from the
earnings that's at 332. Very close to it.
They were about 1%, less than 1% away.
So I'm going to go short Tesla.
Very tactical.
I can get my face ripped off.
We'll see, but that's okay.
And I'm also going to go,
haven't really decided yet.
And it's very difficult to decide and I'm over here
because I could just be flat the whole week,
but this is a competition. So I'm going it uh i'm gonna go long nbis uh ticker symbol
nbis that is nebius group um that is a data center play when it comes to expansion of data centers
around the entire world uh former yandex uh They have earnings actually more than a week from now, I believe.
I think it's August 7, which is obviously not going to be during the time of this competition
during the next week.
But I think that if there is something I've seen in terms of technicals that has not seen
as much drawdown from portraying market weakness, this would have a little bit of a pullback
to the 45 level in which I have added? I think
that if there is drawdown in the market, I think this one might not experience as much. I might
outperform the market if there is drawdown. So I made a play, but at the same time, I think the
risk is asymmetric here. Very bullish. Just name have been since about 24 is my average and would
love to get an opportunity to add to in
the rear portfolio and if it doesn't then you know that's uh positive for the competition
all right sam saw it and i will just say you're you were honorable mention by the way you had a
4.52 return last week and you still missed the podium that's how great our panelists did wait
it was git lab right and what was the other one? I forgot. I think I was long. Now. You had ServiceNow 2.28% and GitLab at 6.75%.
I would have done so good in that one if ServiceNow didn't give back its earnings gains. I was very
surprised. Yeah, absolutely. All right. TSLZ and NBIS from Sam Solid. That brings us over to Mr. Gav.
And NBIS from Sam Solid.
And that brings us over to Mr. Gov.
Beautiful. Appreciate it.
Wanting to jump in here.
I am going to take a bet here on UNH.
And I'm going to do it through the leveraged version.
UNH has earnings tomorrow morning.
So obviously what happens before the bell will
not count against me. So I'm hoping for two things here, either gap down before the bell
off of earnings, and then we pump back during the day and I get the move there, or it just moves up
all day long. And then obviously throughout the week. Now, UNH
revenue has increased every single quarter pretty much for a long time. They had like one slightly
down quarter last Q2 of about a billion dollars. But besides that, they've just consistently moved
up. EPS, they beat every single quarter for the last four years, except for last quarter.
So I'm looking for a bounce back quarter here.
And the expectation is much lower.
Obviously, if you go ahead and you look at the stock, people have been all over this
thing for UNH, but it's gotten completely clobbered in the recent past year in history.
And I think people were looking for a bounce back, but it didn't exactly bounce back.
It just kind of continued to go lower. It's at 282 now. So going into earnings, this is a really
pivotal moment for UNH, who obviously just got destroyed off their last earnings. So I'm going
to take UNHG, which is the double leveraged UNH ticker to add a little bit of leverage to myself for this for the week
and yeah this is obviously an earnings play so uh be careful here but unhg is a nice way to play it
to get a little bit of extra leverage uh the other one that i'm going to take for the week to look
uh for so that was long unhg and the other one, I really wanted to get a short
into the mix here as well. And I was kind of looking around and seeing, you know, what could
be a short here that could potentially work. And I'm looking at W-I-N-T, which had a big pump
from $0.36 to $1.70 and has been trailing down since. And I'm going to look and see if we can short this one and get the fall through the 21 SMA.
It's already down heavy this year.
You know, it's gotten slapped.
But I'm looking to see if we get a little bit more downside on this one.
Obviously, be careful here.
This is also a small cap.
Very small.
It's 11 million market cap.
And obviously, I'm playing short as well. So you got to be careful. These things could jump 100% on any given day. But for the
competition purposes, exciting. That's what I got. There you have it. UNHG 2X leveraged United
Health. Very, very interesting ticker there.
On the long side, going into earnings tomorrow. So UNHG and the other one, WINT,
on the short side from Mr. Wolf Financial himself.
Jordan, that brings us over to you for your two picks.
And then I'll throw my two in and we'll get this wrapped up.
Oh boy.
Pray for me.
We're going to do the long SQQQ, short TQQQ.
Might get absolutely smoked.
And I'm going to play whatever's in front of me.
But like in the real world, you know.
Wow.
Bear the Kid over here. Boy kid is a little much okay it's a little much okay but yeah i want to retest some bigger
spots i i just want to be more bullish and i it's hard for me to be like crazy bullish here
and i don't even want much lower for ES at least.
I don't know.
NQ is harder to read for me right now.
It's not as clean.
It hasn't been recently, but yeah, I want ES to drop like 100 points.
That'd be nice.
So we'll see.
I don't know.
This guy just, he hates, he hates games.
I don't know what's wrong with this.
No, I know. No, wrong with this? No, no.
No, I'm just messing with you.
So just to clarify, SQQQ, the short QQQ on the long side,
and then you're shorting the triple average TQQQ.
Yeah, give me it all.
I want it all.
Wow, what a guy.
Next week, we'll be looking for a new co-host up here.
I'm sorry.
No, I think, you know, okay, it's funny because like actually going into tomorrow, I'm pretty bullish.
But I just I really want to see us retest some of these spots, some of these inefficiencies before the market goes higher.
It's not like I'm like this big bad bear, but just for just for a good time.
Not like I'm like this big bad bear, but just for just for a good time, not not a long time for a quick, short, good time.
Down to some of these previous week lows that we haven't hit yet on ES.
It's all I want to see. Nothing too crazy. I'm not not calling no market crash.
So we'll see, though. We'll see. Whatever happens.
I've really even the bearish thoughts that I've come in some of these that I've had, and they just haven't worked out.
I'm really just showing up and playing whatever's in front of me, right?
My thoughts will change in the morning if it's not going my way.
So, you know, if it's like that again this week,
then we'll just keep rolling with it.
Earnings will be strong, and we'll just keep ripping, I guess.
But I'd like to see this pullback kind of set up.
All this earnings brings the volatility,
set us up for a nice breezy long
back into all-time highs towards the end of the week and into next week. That's kind of what I'm
looking for. So we'll see. If not, I'm wrong and we'll show back up next week with a fat loss
on the competition. I'm so conflicted. I completely understand your line of thinking.
I almost want to just see this market just blow the top off and
then be able to get on the short side for a pullback and then be able to just get an epic
dip buy. That would be the easiest scenario that I see happening, but market doesn't always care
what's easiest, right? So we'll see what happens. I did just send out that tweet. It is pinned up top
and you can see everyone's picks there.
Make sure you let us know who you think is going to win,
what pick is your favorite.
My two picks that I'm throwing in is I'm playing like the Price is Right,
like $1 Bob game here.
I've taken Boeing to the long side.
Boeing looks like it has a little continuation.
And I'm taking Walmart long, just Old Faithful, right?
I don't have any conviction in a whole lot of picks, Boeing looks like it has a little continuation. And I'm taking Walmart long, just old faithful, right?
I don't have any conviction and a whole lot of picks,
but I like both of these two daily charts.
And regardless of what happens with the Fed and with all these mega cap earnings
and mag seven earnings and AI and tech and all this stuff,
I feel like I'm fairly safe with these two plays.
So that's where I'm putting my chips this week is Boeing BA and Walmart WMT,
the greatest retailer in the world, best company ever created in the entire world,
the greatest state ever.
Wouldn't the dollar or whatever, Bob, move,
wouldn't that be like going long UNHG twice just to overcome Gavin
that one
no no
because like I'm playing the safe route
the $1 is the safe route
because you're just like alright
I think everyone else overshot so I'm just going to go
with the safe route
alright show me potato salad
that's what I'm thinking maybe I should take
TSL T short twice and just try to one-up you.
No, either way, you see all the picks there.
I appreciate the entire crew up here on our Stock Picks for the Week show.
We do this each and every Monday at 5 p.m. Eastern right here on Wolf Financial.
Big shout out to the crew.
Make sure you are following them.
We appreciate each and every one of them.
And a big shout out to you out there in the audience
tuning in on this Monday evening.
We appreciate all of you.
Hope you have a great rest of your Monday afternoon,
evening, night, wherever you're at.
We do appreciate you tuning into our shows.
We'll be live first thing dark and early,
as Jordan says, in the morning at 8 a.m.
Eastern over on Wolf Trading for our future show.
Some really great futures traders that come on there and talk trading, talk psychology, education, all the above.
And then, of course, live trading and a whole schedule full of spaces throughout the entire week.
You can see our pinned tweet right there on Wolf Financial for the entire layout.
And with that, I'm going to close it out. If you missed anything, this is recorded,
feel free to go back and take a listen and we'll see you guys tomorrow morning. Thank you.
