Jobs Data Today! Dollar General DROPs, CRM Pops #stocks #investing #money #nasdaqtips #salesforce

good morning Wall Street winners it is August the 29th Thursday morning and it is um 5 minutes before 8:00 in the morning so we've got an hour and a half hour and 35 minutes to trading if we take a look at what's going on in the markets obviously Nvidia came out yesterday after market close and released results better than expected they beat on earnings they beat on Revenue they had a positive future forecast and yet they were still not able to satisfy what the analysts and the market were looking for at this point so they're down slightly they tumbled uh more last night and after hours uh trading they are not down as much now but they are down they're down4 or5 uh depending on what's going on when you look I think that this is a company that in terms of the stock it's going to get back up to the 130s even 150s by the end of this year it's got so many things going for it in terms of activity and output and new technology um chips and development this is just it's hard to call beating expectations on revenue and earnings a minor setback but it's all about the expectations that have been set here and people in the market were looking for the beat to be much greater as it has been in the past and I don't think it's possible for that to happen Time After Time After Time quarter after quarter after quarter but that's what the market wanted so it's off a little bit do I see money shifting to different sectors because of that no I think there's still going to be tremendous demand and if anything today's a buying opportunity to get into Nvidia at a discounted price if we take a look at where we are in the markets the markets overall have digested the information fine we it wasn't the only company to come out yesterday with earnings it was the one that most were waiting on to see the direction of AI and things to come but AI is continuing to accelerate and there's no question about that and there's nothing disrupting it at this point now the biggest factor for disruption is a Chinese invasion of Taiwan if that happens semis will fall 35 to 75% like they will fall immensely on that until that issue gets resolved but we're not there it's not even being talked about so let's not go there if we look at the indexes we've got the Dow the S&P 500 and the NASDAQ they're all in positive territory which is great if we flip over to the Yahoo finance app you can see that the the NASDAQ year is up um the vix is down slightly which is positive that means that good news we're waiting on a jobs report today that'll come out later in the morning we'll see what happens there um I think it comes out 8:30 pre-market so another 30 minutes Lulu Lulu came out sorry Lulu is coming out today with earnings I would not be buying Lulu Lulu had a super off day yesterday I would expect earnings would be down in Lulu today I'd hold off on that Dollar General came out this morning with earnings horrific earnings they are saying that their revenue and earnings have fallen due to Consumer discretionary spending and this is in one of the weakest segments so this is the low-end consumer but probably also the middle tier consumer consumer as well but they're off 24% 25% pre-market I think this is a steal to get in on this at this discount getting in on this at 93 I I think within a month it'll be back up to 100 so I would definitely look at buying some Dollar General today once it finds a bottom so wait for the market open see if it continues to go down at all I don't think it will go down that much more and then I would buy into Dollar General and ride the bounce back in the next couple of days and then you could sell a deadcat bounce it'll come back a bit or hold on to it for a month or two and I think you'll be in good shape um the rest of the retail and Healthcare not doing much but primarily in the green at this point which is a good sign uh if we scroll down to our Oil stock so we can see that today crude is in the green so it's at $75 that's positive for crude and most of crude is now trading in the green as well um crude has been very volatile it will continue to be very volatile as the issues in the Middle East continue and the the explosions the killings the everything over there the attacks all continue so that bodess well for movement and the ability to make profits in our oil stocks so take a look at where these are in comparison to their recent low their recent highs and lows and figure out that window the trading envelope the trading window and buy in towards the low part of that window and just wait for a rebound that's a great strategy with those then we get into Tech and Tech got hit hard yesterday so a lot of these stocks were off they were it was a great buying opportunity I posted that in one of the videos yesterday so hopefully you bought in and hopefully some of what you bought on the guide here has gone up so if we take a look at what we talked about yesterday crowd strike crowd strike um it is off yesterday and off today and it was up on earnings after earnings came out but now it is down slightly so again this was a call we made thinking that earnings were going to be off for this company they weren't earnings were positive Revenue was positive it was a surprise but the company is still off and down so uh that was a correct call in the end it was an incorrect call yesterday after hours but it is now kind of corrected itself so um we told you to stay away from crowd strike because of that outage and its potential effect on the quarterly report CRM very bullish on CRM and it had good results Revenue earnings raised its future guidance for the year and it is up $12 pre-market so this was a recommendation to buy and get in on yesterday and that is a $12 upside right now so fantastic stock to be in on for the remainder of the year and then we have as we scroll down and take a look at some of our others arm we said if Nvidia didn't blow it out of the water arm would come down arm came down yesterday arm is down again now I think arm will continue to come down into the 110 range and at that point or anywhere below 110 would be a Buy Signal for me on arm going forward we've got uh another great company we don't talk about very often that was off yesterday Shopify this company has been hitting it out of the park recently this would be an incredible Buy and Hold for the next um I'm going to say three to six months getting past the Christmas season Thanksgiving and Christmas into Jan January um at least through the election time frame I think this would be an incredible hold I think you'll do very well with that scrolling down further we've got workday workday is up slightly uh IBM we talked about is kind of a a stalwart the other day it is up slightly a bit of a hedge lamb research lamb research has been beaten up it's looking like it's going to get beaten up again today down $14 um nothing with nvidia's results indicate that they're not investing in spending money and that companies aren't spending so lamb research as it drops becomes an even more attractive purchase if it drops under $800 this is one that I already own but I would look to add to my position mongod DB glad I hit that it comes out today with earnings I think the earnings on are going to be very positive so I would take a look at adding to my position today and selling it on an earnings bump tomorrow or the next couple of days as that climbs up others that got hit hard over the last few days not super hard but hard mata mata came down into the 516 range I think that's a a fairly decent price I mean I would love it at 490 don't know whether it'll get there um but that stock is going to be a $550 to $600 stock by the end of the year and then we've got Nvidia Nvidia is off almost $5 $4.50 um I think you're going to see this come back throughout the day I don't think it's going to be down that much at the end of the day today so I think it will re regain some ground the expectations for this company are high but it is driving AI it is the machine behind AI so to say it's too big to fail is probably wrong but to say that it's too important to fail is probably more in line it's just it seems unfathomable at this point with the lack of competition in this market currently and that will change but currently with the lack of competition that this company cannot continue to go upwards seems unbelievable at this point in time Google Google dropped yesterday great buy under 165 there I think that's a solid purchase and then Adobe adobe's got results coming out on September 12th I don't think you can go wrong with Adobe it's making comebacks software companies like CRM and workday the SAS companies they've all started to show better numbers and I think Adobe is going to do the same thing and then finally down into financials we made an incorrect call on a firm I didn't believe a firm was going to do well it had a bad quarter last quarter came out had a great quarter so it is up almost $7 that's a heck of a increase in percentage terms it did very well Still Loving Sofi Sofi looks like it's going to be up 10 cents today but it was down about 28 yesterday so you bought that on the dip you should be doing pretty good today and then JP Morgan Morgan Stanley Goldman uh I think these are all great companies to own as we go into interest rate reduction times we also heard from Royal Bank of Canada today they had great results so did CIBC that we talked about a little bit yesterday we follow that at the bottom here nothing showing up pre-market on the Canadian side but uh that is a stock set to pop today and then Schwab Schwab looks like it's going to be up today as well so overall I'm expecting a green day today should be a good return to some uh some positive upside in stocks I hope you're liking these videos if you are please subscribe to the channel share it with someone you know that's interested leave me a like and a comment if there's something you'd like me to cover good luck today