Oil Prices Are Skyrocketing: What This Means For Your Stocks

Happy Tuesday. What's going on, guys? It's Ricky with Tech Solutions. And yes, the news is true. Over $350 billion has been wiped from the US market today as oil reclaims threemon highs, breaking oil surges to $94, hitting the highest level in three months as Iran threatens economic warfare against the US. Now again although it is slightly negative right NASDAQ market is pretty much break even from its highs to its overall lows. It's a relatively flat day and if you zoom out again markets are still trading nearly at all-time highs. So the panic definitely has not sunk in just yet. There are active movers that are presenting themselves right now and I do want to talk about that in just a little bit on what's at the top of my watch list for this week. But but before we even get into that, I want to talk about Oracle and Adobe. Remember, we made a video about them yesterday. Feel free to re-watch that. But Oracle and Adobe report earnings this week, Thursday, 1 hour before markets open or during the pre-market session. So, please make sure that you are aware of that. These are the list of companies that are publicly reporting earnings this week. That being said, this week's focus is inflation, inflation, inflation. We will be live streaming these major inflation reports. So, just another reason to subscribe to the channel. If you are not subscribed already, we have a lot of fun things planned for you guys. This week, we have everything from tomorrow, the ADP employment change. We have the 10-year bond auction. Thursday, the PPI data report, unemployment claims, and then Friday is the big day. This is the CPI data report, consumer price inflation report. Um, consumer price index inflation report. So the the thing about this is that the big focus on why inflation is so important this week is because the Federal Reserve next week, September 16th, is supposed to decide if they're going to be raising or pausing on their rate decision. And this week's inflation report will pretty much determine, put the nail in the coffin, if they're going to be raising or pausing in the next rate decision. If inflation comes in higher than what is expected, the probability for a rate hike is higher. If inflation comes in lower than what was expected, then the probability for a rate pause is higher. So again, this week the big focus is inflation, but also those handful of different companies are set to report earnings. Now again, NASDAQ market, like we said, when you look at the bigger picture, this is one thing that we talked about in our live trading session with the LPP team. NASDAQ market is nearly trading at a common resistance range for the past 3 to four months, right? There really hasn't been much progress beyond these levels, but there's some very active movers today. If you actually look at Coree is one of the biggest rippers today, it is up 14% on the day. And no, there is no fundamental change on the company. If you actually look at Coree, right, we like to look at not just technicals, but we like to look at fundamentals. In my opinion, and it's just my opinion, Cororeweave is an incredibly overvalued company. It's a company that loses over $1.9 billion dollars a year. Negative P ratio. And yes, there's high growth expectations for it. But guess what? One thing that it's not doing is delivering. And its price is all over the place. Now, again, this is not for beginners, but anytime that it rips up for me, it presents the idea of a potential short opportunity. It rips up, sells off, rips up, sells off, rips up, sells off. So this is why again now it's retesting the same previous highs. Patterns tend to repeat themselves. They don't always have to that it's tested before after reporting earnings. It gapped up to highs of around 110. So there's still some room for this thing to continue to move, you know, up, but eventually it consolidates and then it comes crashing down. We talked about this last time. We made a ton of money shorting core as it sold off to lows of 80. This time it offers previously it offered 24% downside. Now, based off of current highs, if it were to sell off, which again, it's still not selling off, but if it were to sell off, 22% downside, again, one of my favorite things about the Weevil trading application is that we can use this little short tool just to be able to determine, you know, what our potential trade plan here can be, right? What is my potential for risk if I open up a short and it continues to make new highs and my potential for profit, right? The thing that I mainly like to focus on is risk-to-reward ratios. I want to make sure that any trade that I take, long or short, my potential for profit is significantly greater than my potential for loss. And this lays it out for me very clear. It's an 11:1 ratio, meaning that it offers 11% potential for profit for every 1% of potential for loss. So again, huge potential downside and very minimal upside if I manage and mitigate my risk accordingly. I just shared my trade update with the LPP team. And again, if you guys don't use Weeble, I do want to remind you, you don't have to, right? But right now, they do have a huge promotion going on that you can earn up to 12 free fractional shares. And these aren't shares. These are shares of Tesla, Nvidia, SpaceX, and Apple. They're valued anywhere from $3 to $300. So, minimum, if you sign up and you deposit 100 bucks, you'll earn $36 minimum. Maximum, you can earn up to $3,600. So again, if you guys haven't checked out Weeble, that's going to be that first link in the description for you. So you guys can actually have exactly what I have for you here. The other stock that is actively moving today, let me go ahead and pull it up for you, is Bloom Energy. And in my opinion, this one has a little bit more of a valid reason on why it's running. And that is because Bloom Energy got added to the S&P 500, which is a huge milestone for any publicly traded company. It is running off of a lot of excitement, a lot of momentum, but by it being included, a lot of indexes are likely to continue to purchase Bloom Energy, which means that it can continue to run higher. So again, something to pay attention to, although it's not the best deal in my opinion, trading at over 300 times its earnings, but based off of previous highs, and if it continues to run up with nice price momentum and current market sentiment, make sense on why it possibly can. Remember overall market outlook. If overall markets begin to fall, especially because of inflation andor rate hike concerns, then unfortunately that could have a negative catalyst on Bloom Energy as well. The last one that I want to talk about that's a big mover today is Intel. Intel is running up 9% on the day due to a new price target. Intel has been a very resilient stock running up from lows of what was it? $25 per share or $20 per share all the way up to highs of 142. Um, as of right now, overall direction is in its favor. It's retesting same previous highs that it's had about a few weeks ago at 106 107. And we'll do our part in following up with this. To me, do I think that this is a really good deal? Of course not. This is just a stock that's gaining a lot of momentum right now, especially as the Trump administration continues to highlight how much money they've made investing into that company. If you actually look at Intel using investing pro, you can quickly see that Intel itself, again, this is just my opinion, it loses 11 billion a year. It has a negative P ratio. Remember, price performance is not a direct representation of how well the company is doing. There's just really high expectations for Intel because Trump continues to promote it. There is a big difference. If overall markets begin to turn around, remember, it's always the most overvalued and overhyped companies that correct the hardest. Just my two cents with that. Again, as of right now, we have our alert set for Cororeweave. We'll see if it actually begins to drop. And if it does, then we can begin to add more to our short position. Remember, shorting comes at a greater form of risk. And no beginner should take advantage of any short because again, you need to learn how to manage and mitigate risk before actually just jumping into a short and hoping for the best. Again, we talk about all of this within our LPP live trading session. whenever it is that you are ready to join us and watch us trade live. Again, it's going to be that second link in the description down below. We do have a huge sale going on right now. So, that's going to be the second link down below if you want to sign up to start watching me trade live as soon as tomorrow once the markets open. I appreciate you guys' time. Again, I'm excited to see with all these different economic reports that are going to be released this week and Oracle and Adobe reporting earnings on Thursday. I do plan to live stream it. So, just another reason to subscribe to the channel. Like always, let's make sure that we end the year on a green note.