0:00

Yesterday's stocks closed lower after

0:02

the US GDP was

0:05

way less than expected. So it seems

0:07

that the economy is slowing down and

0:10

YouTube ate our livestream

0:12

somehow. Even

0:14

this morning, it seems that we might be a

0:17

little bit delayed, but hey, hopefully everything is good

0:19

here because we have a lot to talk about.

0:21

We have to talk about meta plummeting

0:23

on guidance. We have to talk

0:26

about Alphabet, Microsoft, Snap, Intel, and

0:28

then of course also our position.

0:30

So with that said, welcome

0:33

to Coffee with Markus and Mark. And today

0:35

is Friday, April 26th. And in

0:37

this show, we are going to talk to you about what's happening and

0:40

how we are trading these crazy

0:42

markets. And boy, Mark,

0:45

now you even disappeared.

0:47

Let me bring you

0:49

back there. But look

0:52

at what's happening here. I mean, this is...

0:54

That's my dad joke. Go

0:59

ahead. Yeah, great.

1:02

Hey, I was going to say my disappearing

1:04

act was my dad joke for the day,

1:06

but no markets. I mean,

1:08

what the heck? Yesterday, it was all

1:11

doom and gloom. We

1:13

had a much lower than expected GDP

1:15

number come in. And that

1:17

would typically be good for the markets, at least

1:20

based on what the Fed

1:22

wants to see to cut rates. But

1:24

then also there were some,

1:26

you know, numbers

1:29

showing that inflation was getting sticky,

1:31

too, with that price index increase.

1:35

Yeah, so this is where yesterday

1:37

markets opened much, much lower, but

1:39

then kind of shaking it off

1:41

and hoping for good news today.

1:44

And today, the

1:46

news wasn't great, but

1:48

it wasn't bad. And it seems that this

1:50

is where we see a little bit of

1:52

a relief rally here right now. Yeah,

1:59

I mean. Even though we finish

2:01

lower yesterday there was a big

2:04

reversal bar and then today we

2:06

gap higher and were a trading

2:08

their session eyes this with P

2:10

C E Core Pc Eat come

2:13

in in in line with expectations

2:15

and so I think that without

2:17

a surprise their investors like. Ah,

2:20

What? What They saw? The

2:22

Iso core Pc. he coming in

2:24

a point three and after we

2:26

saw yesterday basically. That.

2:28

The Pc Eve for the. For

2:31

the quarter a cave been higher than

2:34

expected. Today a sigh of relief. Also.

2:37

Because I noticed when digging into

2:39

the report a little bit. ah

2:41

let's just go there that are

2:43

a lot of this point to

2:45

was. Food. Prices. Soared

2:48

to decline. That's good. Energy.

2:51

Rose one point two percent and we already

2:53

know that right? We knew that because of

2:56

the tensions in the Middle East, all prices

2:58

have been moving higher. So if you take

3:00

a look here at crude oil prices are

3:02

to just see. What? Happened here

3:05

over the past month. And.

3:08

Come. On. Internet and

3:10

Youtube Gods. My. Don't you

3:12

call for a to sit? There we go.

3:16

By looking at this we see

3:18

that enlarge we had justice. Massive

3:20

increase. In crude oil, prices

3:23

are basically going from around seventy

3:25

six to eighty six. That is

3:27

a pretty healthy. Pretty

3:30

healthy rice year so this were

3:32

now with crude on hopefully. Moving.

3:35

Lower again back into the seventy

3:37

six to eighty rains. This.

3:39

Were hopefully inflation is coming down. The.

3:48

Exact in as it gets a lot

3:50

of it because of the uncertainty in

3:52

the Middle East. And ah that crude

3:54

oil of rise. Ill.

3:57

it is crude oil most likely to be up

3:59

five bucks or down five bucks in the next

4:01

coming months. And I think a lot of people would

4:03

expect that crude oil would be

4:05

the same or coming down. Of course,

4:07

anything can happen, but we know that a lot

4:10

of the data, the numbers actually

4:12

exclude, there's a reading that excludes food

4:14

and energy because it tends to be

4:16

more volatile. And so it seems like

4:18

traders discounted that a little bit and

4:21

felt like, hey,

4:23

maybe this was a nice buy the dip

4:25

opportunity. Yeah. And

4:27

then we also have earnings this week and

4:29

earnings, looking at the earnings calendar that

4:32

we have here, we see that quite

4:34

a few earnings from tech companies this

4:36

week. So we had

4:38

Meta, Google, Microsoft, Tesla,

4:43

Google again, Alphabet reporting

4:45

earnings. And this was

4:48

quite interesting. I mean, it all

4:50

started yesterday with Meta, where

4:52

Meta actually had a really pretty

4:54

big slide. I think yesterday finishing

4:56

down what 11% a

5:00

little bit of a bounce back

5:03

attempt today, but still massively lower.

5:05

And this is because better

5:07

than expected earnings, but Mark

5:10

Zuckerberg said, well, this year might not be

5:12

so good. The next couple of quarters might

5:14

be a little bit tougher. Is

5:19

there a two things contributing to

5:21

this big, big drop from Meta?

5:24

I mean, that's a nasty slide.

5:27

One, the company said

5:30

that guidance is,

5:32

revenue should be light

5:35

for this. And

5:38

the last time when Zuck

5:40

entertained the ITE, idea

6:00

of the metaverse and actually changed the name of

6:02

the company and said we're all in. Investors

6:05

hated that idea. Yeah,

6:08

we see it seems to have a little bit of

6:10

issues here with the live stream, but let's see if

6:12

we can go through it because I

6:14

mean, we also have to talk about

6:17

Google. Google up overnight trading 15%, pulling

6:20

back a little bit, but still up

6:22

almost 10% after better

6:25

than expected earnings and a surprise

6:27

announcement. And

6:34

what was that surprise? That

6:36

they are now paying a dividend. For

6:39

the first time ever, Google decided

6:41

to pay a dividend. And

6:44

this is the surprise announcement,

6:46

basically just showing that Google

6:48

is very confident in their

6:50

abilities to keep generating profits where they

6:53

say, okay, we are at a point where

6:55

in the first time of our history, we're

6:57

ready to pay a dividend and give back

6:59

to investors. That's

7:06

huge. That is huge. Talking

7:09

about huge. Snap, Snapchat.

7:12

I mean, up 25%

7:16

after turning a profit, it was expected

7:18

that they are posting a loss and

7:20

then they said, no, we're doing good.

7:22

We are actually profitable and that

7:25

was a surprise. And so

7:27

up 25% here this morning. Big,

7:32

big rally. Good for you

7:35

if you were holding Snap going into earnings. This is

7:37

the type of earnings lottery ticket

7:39

that you'd like to see. Yeah.

7:42

All right. Let's take a look at our

7:44

positions and see what is happening on

7:47

the WTF analyzer. We

7:49

did have a new

7:52

entry today, IBM, International

7:54

Business Machines, my

7:56

former employer with a

7:58

signal of buying it at I

8:02

took it. What about you? Yeah,

8:05

I took it. Valid

8:07

signal like the opportunity. Yeah.

8:10

So there we go because we are a

8:12

little bit lighter after we have closed a

8:14

bunch of positions over the last few days.

8:17

The only one in our portfolio right now,

8:19

MU and then of course new here IBM.

8:21

MU looking good here this morning. We bought it

8:23

at 107.60 right now trading

8:25

at 113.92. So

8:28

I'll take this. This looks like a nice

8:31

one and we might get an exit signal

8:33

here on Monday morning. Could

8:38

be I also picked up PCAR.

8:41

So one more for me. That

8:44

I picked up as an open below entry. Right.

8:48

You picked this up yesterday, right? I

8:50

remember I did not take this one. All

8:55

right hopping over to the wheel

8:57

and this is where first up

9:00

we have Apple and this is super

9:02

interesting. So Apple we got assigned

9:04

at 167.50 on Monday. You

9:07

sold calls against the existing position at

9:09

167.50. Seems

9:11

that you're getting called away today. Yes,

9:18

I have a decision to make. Do

9:20

I let those shares get called away?

9:22

Of course, if the stock pulls back

9:24

and closes below 167.50 that decision

9:28

is made for me because

9:31

the calls will just expire worthless. So do

9:33

I let them get called away? Do I

9:35

potentially let them expire worthless which doesn't seem

9:38

like it will be the case or do

9:40

I roll? There's some real nice juicy

9:43

roll premium available. Premium

9:48

so high. Yeah,

9:55

you were cutting out for a moment. But yeah earnings

9:57

next week and this where you.

10:00

decided to let it go. I sold

10:02

yesterday the $72.50 that

10:04

expire next week. So I

10:07

will probably hold this here through,

10:10

oh, most likely I'll hold it

10:12

through earnings and see what's happening

10:15

there. So, but this is Apple

10:17

performing nicely and doing exactly what we wanted

10:19

to do. CSIQ

10:26

on the other hand, CSIQ

10:28

finding some support at 14

10:30

today, having a good day up 4.5%.

10:33

So nothing for us to do

10:36

just yet, but we'll see if it

10:38

stabilizes here, then we

10:40

might actually fly another rescue mission. And

10:49

EE, today a little bit down,

10:51

I mean after really having a

10:54

good day and right now yesterday

10:56

trading above my break even at

10:58

$6,707, still a little bit below

11:01

our cost basis at $6,950, but

11:04

definitely a very nice run here.

11:07

So we'll see maybe, maybe,

11:09

maybe, maybe next week is the week

11:11

where we will be able to sell

11:13

some calls. And we have been

11:15

in this for quite a while right now. We have

11:18

been in it since August 3rd. So

11:20

it has been a while. Yeah,

11:25

ready to sell some calls, get some premium and move

11:27

on from this one. Yeah. Finally,

11:30

UPS up

11:32

today, just a little bit

11:35

0.18%. So let's see what's

11:37

happening there, getting well above my break

11:39

even but below my cost basis. So

11:41

we need to have this move probably

11:44

another $8. So let's see how much

11:46

that would be in percent. So

11:49

probably going another up 5%

11:52

before I'm able to sell some calls for you, a

11:54

little bit higher because you got assigned at $165. Yeah,

12:01

it's a little

12:03

higher for me. Yeah. Now,

12:07

today with the markets up and

12:09

the S&P trading at session highs,

12:12

nothing really new on the wheel scanner

12:14

for us. We picked up IBM on

12:16

the WTF scanner. So let's

12:18

see what's happening there. Pulling back here a

12:20

little bit, but if we also look at

12:22

the daily chart, we see that we are

12:25

getting towards the 50-day moving average.

12:27

So can we break above or

12:29

will this act as resistance here

12:32

for a little bit? We'll see. It

12:34

is good to see that we had

12:36

the battle around the 5,000 mark and

12:38

then the bulls won this battle so

12:40

far. And we'll see

12:42

next week, big week with a Fed

12:44

meeting that's happening.

12:50

That's a big one. Between the

12:52

Fed and another big week of

12:54

earnings, it's going to be quite

12:57

an interesting week. Yeah. All

13:00

right. Now, with that said, since we do have

13:02

to seem to have a little bit of a

13:04

delay today, let's just

13:07

wrap it up. Even though it is a

13:09

little bit earlier in next week, hopefully everything will

13:11

be back to normal and the YouTube and Internet

13:13

gods will be with us. With

13:15

that said, you all have a great

13:17

weekend and don't forget to like. I mean,

13:19

we're doing our best here with all of

13:21

these challenges. So we appreciate your likes and

13:23

then we'll see you again on

13:25

Monday. Bye.