Sufi's avatar
$83.6m follower assets
The Fib (and the 📦🫣)
$QQQ $NQ_F
  • If we don’t reclaim 11,698 (50% fib line), next stop is 200D moving average on the weekly chart ~ 11,357
  • Safe to say todays close will mark the 7th consecutive red weekly candle however, it’ll be the first candle closing inside the 📦

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Sufi's avatar
$83.6m follower assets
The 📦 and the Fib
$QQQ $NQ_F

  • 50% fib still acting as support. Touch and go.

  • We’re stuck in the box, again.
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hypescaleflow's avatar
$7.5m follower assets
Performance 5/19/22
Down -1.03 for the day. Did worse than the $QQQ. Things keep going down as expected due to uncertainty as the market inches closer to a bear market. My plan is still to buy more $AMZN and $GOOGL. Also on the watchlist of positions to re enter $FB $NVDA $TSLA and $QQQ
hypescaleflow's avatar
$7.5m follower assets
Performance for 5/17/22
Up +2.57 for the day matching the $QQQ. Some relief as the fed claims they can fight off inflation, and people are buying the dip with $AMZN leading the relief rally in the mega caps. I expect continued volatility, and pain ahead so I’m not trading. $AMZN $GOOGL $AAPL $MSFT
Wise to sideline when you're uncertain about how your trading style can mesh with the market conditions. Respect to know that about yourself and err on the side of caution!
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Steve Matt's avatar
$963.6k follower assets
1 of 2
My $SMG trades
This was a tough sale. I bought for the cannabis exposure in the Hawthorne Gardening subsidiary back before I was a growth investor or had a cogent investment strategy (I sold stocks way too often). I was a big fan of SMG though. Solid business, solid dividend, and a subsidiary I thought would explode. That was March 2017. Hawthorne is now struggling mightily (along with most of the cannabis industry) and SMG has been trailing my benchmarks pretty significantly over the 5+ years I've held. Considering I already have a more pure-play cannabis exposure in $GRWG (plus $GTBIF, $IIPR, $NLCP), I feel like the funds that were tied up in SMG can be better deployed elsewhere in this current environment.

The Scotts Miracle-Gro Company ($SMG) Investment:
Time held from initial purchase: 5.13 years
CAGR: 2.38% vs $SPY 11.68% vs $QQQ 17.12%
Total Return: 8.92% vs SPY 51.96% vs QQQ 81.87%

Results: Trailed both of my benchmarks
Steve Matt's avatar
$963.6k follower assets
$SE $DOCS $GLOB Earnings: What I'm Looking For
Sea Limited ($SE) - Reporting earnings the morning of 5/17
Sea has a lot of metrics they release, which I appreciate as a numbers nerd. Here are a couple that I'll be looking at:

  • For Digital Entertainment: Game QAUs and QPUs, and Average Bookings Per User.
  • For E-Commerce: GMV and Take Rate
  • For Digital Financial: TPV and Wallet QPUs

I understand the headwinds and the losses are still growing but margins are improving and revenue has more than doubled each of the last three years, and the year before that was 99.7% growth. There has been severe P/S compression (after an admittedly massive run-up). If Sea has a really good quarter and Garena shows improvements, I could see a 20%+ spike.

Current position:
Total cost basis: 47th highest in my portfolio
Time since first buy: 1.38 years
Number of purchases since initial position: 3
Annualized return: (73.0%)
Annualized $SPY return: (1.0%)
Annualized $QQQ return: (12.1)
Doximity, Inc. ($DOCS) - Reporting earnings the afternoon of 5/17
Their penetration with doctors (~80%), nurses (~50%), and physician assistants (~50%) is what brings in the Doximity customers. The app is free to the users and available to companies via subscription fee.
Here's what I'm looking for:
  • Show me a great fiscal year Q4 to cap off the year. Give me >$100MM in revenue for the first time ever in a quarter.
  • >325 customers generating >$100,000 in revenue.
  • Can NRR stay at the incredible highs it's been recently (167%, 173%, 171% the last 3 quarters)?
  • Keep those margins at record levels.

I'm worried there will be underwhelming fiscal year 2023 revenue guidance which will cause severe multiple compressions. A 25%+ drop like we've seen in quite a few companies would not be a huge surprise to me.

Current position:
Total cost basis: 44th highest in my portfolio
Time since first buy: 0.86 years
Number of purchases since initial position: 2
Annualized return: (48.4%)
Annualized $SPY return: (13.2%)
Annualized $QQQ return: (25.7%)
Globant S.A. ($GLOB) - Reporting earnings the afternoon of 5/19
Globant is coming off an incredible 2021. Here's what I'm looking for to start 2022:
  • After 59% in 2021, I genuinely have no idea what revenue growth will look like.
  • What kind of customer growth (both total and >$1MM in revenue) will they show?​

Current position:
Total cost basis: 40th highest in my portfolio
Time since first buy: 0.35 years
Number of purchases since initial position: 3
Annualized return: (57.2%)
Annualized $SPY return: (32.3%)
Annualized $QQQ return: (46.5%)
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hypescaleflow's avatar
$7.5m follower assets
Monday 5/16/22
Down -1.03% for the day. Did the same as the $QQQ. Feel like tech stocks are going to be trading side ways for a while. Not that worried about Covid in China which seems to have lead to the loss in the major caps today, always another excuse. $AAPL $AMZN $GOOGL $MSFT
Agree! I feel once supply chain and COVID concerns pass, things will be looking up for big tech
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From the pre-pandemic peak in 2020, $QQQ outperformed $SPY considerably during the pandemic bull run. This has been a significant source of FOMO for a lot of investors. However, this gap has been closed. Both indices are trading roughly at the same performance level right now.
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Love this visual. Something tells me that by the end of the year these two funds will be flip flopped with $SPY winning.
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Sufi's avatar
$83.6m follower assets
The 📦 and the Put Option
$QQQ $NQ_F

  • On Friday the cat came out of the 📦 however futures tonight trying to put it back

  • Also on Friday, someone dropped $58.46 Million on very in-the-money put option which spooked the market (caught live on @tradytics option flow) #hedging
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