MASSIVE WEEK FOR STOCK MARKET! 7 STOCKS TO BUY NOW!?🔥

All right, happy Sunday, guys. Hope you all had a great weekend and are ready for this week for stocks. We have a lot to break down today, guys. Earnings charts, what I'm doing, and some economic events. Really, one that I'm watching out for for this week. So, guys, hit the like button, make sure to subscribe, join my Patreon if you want to keep up with my actual portfolio updates, trades, investments, if you want to be a part of my private Discord. All that's on Patreon, link down below, pinned in the comments, or go to stopsurerfest.com/patreon. And now, cheers, guys. Take a sip of your coffee. I'm drinking I'm drinking a coffee. It's like 7:30 at night, guys. I'm a sicko. It's actually almost 8. Uh, but either way, we have a lot to cover. So, we might as well start with the futures, which are gapping up right now. Now the E- mini S&P futures are up just under half a percent.4% to be exact. We can see the nice juicy gap up here. We hit 7560. Now we're at about 7550 where we're you know dropping a little bit from that initial gap up but pretty much just consolidating here in the you know what hour and 30 40 minutes of futures trading that we've had so far. And the NASDAQ futures, let me see here, guys, are up just under three quarters of a percent. So, nice gap up for the NASDAQ. We can see a nice pop here uh from where we were on Friday. The Dow futures are up, let's see, about.3%. Russell is up, let's see, I don't think I actually have the Russell futures here. Either way, I know they're green. I saw them on my Yahoo Finance app earlier, but yeah, we're up across the board. the green from Friday's continuing and you guys know the story right with the situational awareness fund Leo pulled the unwinding this kid got his fund to $45 billion 4x leverage 400% leverage it completely blew up right and I think it got down to what $10 billion Ken Griffin stepped in of course he did right swooped up all those assets at a uh you know pretty attractive price. So, in my opinion, in the short term, and you guys probably know this, but I think the the selling is going to relax a little bit. The unwind in the AI trade that we saw in July, well, it it might be done. It might be over with for now as really the situational awareness fund was a big reason why we saw these stocks go down. SanDisk Micron all these AI players. Not the only reason, but it was one of the bigger reasons why we saw that uh you know the these stocks collapse, right? The unwind, we saw a lot of um you know, just money being flushed out, a lot of margin calls, a lot of a lot of margin calls, guys. And again, Citadel, Ken Griffin came right in. Boom. Swooped those assets at cheap prices. And uh well, it could mean we're we're in store for more relief, a bigger relief rally. And we're starting to see that here in the future session again as we're we're gapping up across the board, Dow, NASDAQ, Russell, S&P, uh you name it, right? With the Q's leading the green here in the um in the future session, gapping up quite nicely. So, that's what we're seeing right now at about at about almost 8:00 p.m. East Coast time. nice gap up in the futures continuing the green uh from yes or not yesterday but Friday and that's exciting heading into this week that we're about to get with uh with a with a lot of stocks reporting earnings man we have a we have a whole slate of earnings um this upcoming week and we might as well dive right into it guys. So, the first company I want to break down, and this is by far the most important stock for this week, guys, AMD, Advanced Micro Devices, which when it comes to the AI trade, there are a lot of players. You get you got Nvidia, AMD, Taiwan Semiconductor, you have obviously memory, you got the GPUs, the Pix and Shovels, Broadcom, Lamb Research, Micron, blah blah blah. AMD is one of the key players, top three in my opinion, top two some would say. And at this point, AMD's stock price, the chart has been all over the place. No, no one's denying that. You can see it here if I zoom in. We've been sideways for pretty much 3 months now. Um 2 and 1/2, 3 months. You can see support at about 425 430, but resistance in the mid high 500s. We just can't break through that point. In fact, we tried seeing a nice well, we we didn't try. We did we saw a nice rally on Thursday. Uh but we got hit right at those moving averages on uh Friday and we dumped into close and in the aftermarket. We gave back some more gains. So AMD is clearly getting hit again in the um in the 500 range. Now we're back in the 400s. We're starting to slip even further. Like I said, as of the aftermarket on Friday. So, at this point, heading into earnings, I think on Tuesday, um the stock is looking pretty weak. Now, does that mean it's going to tank even further? I don't necessarily think so. I mean, sure, it could go down to test the lower mid 400s, but I I just don't see AMD going much lower here. Um, in the short term, especially as sentiment around the AI trade again, we saw Leopold get completely demolished. You know, the unwind leverages out of the system. We got the flush out. Now, I think we're going to see some stabilization. With that being said, right, I just don't see AMD going down much more. Now, is there another hedge fund that's going to blow up? Maybe. I don't know. Maybe. Uh but you know, I think it's going to consolidate in the mid high 400s heading into the print and earnings could potentially send this thing um higher depending on how the overall market sentiment is come Tuesday. We'll see how tomorrow goes Monday. Um and yeah, I'm excited. I'm not long AMD. I used to be. I sold out of it. I probably sold out too early like I've said before, guys. Uh but it is what it is and I'm watching it. Tuesday we have their earnings and analysts have them doing on average earnings per share of let's see $161 versus 48 cents from last year on revenue of 11.31 billion versus 7.68 68 billion from last year. That would be up around 47% yearover-year. Very good. Um for uh for AMD, guys. SpaceX is another important company. Uh no doubt for this week. It's their first earnings as a publicly traded company. And my goodness has this stock been ugly. And not to toot my own horn, it's it's really not worth tooting anyway. Nobody, you know, it's not like it's not like anybody or nobody saw this coming, right? Listen, we were talking about the IPO. I was saying how I was avoiding it. Don't buy it. You're going to get it cheaper. This is what I was talking about. You know, um, now we have a bunch more shares being thrown onto the market here pretty soon in a couple days. We have their earnings coming up. The stock's already down over 50% from highs. I think it's down 30% year to date with earnings on Tuesday. This I think genuinely is going under $100 a share. That might not be popular. That might, you know, cause some hate in the comments, but we're going under a h 100red a share in my opinion. And for me, look, I'm not even honestly looking to get into SpaceX. But it does start to get attractive under $80 in my opinion. in the 60 70 $80 window. That's where it's like, okay, we might just have to buy this thing. Um, just for the rally, just for the relief rally. Screw the long-term hold. If it gets that low, if it gets that low, Elon's going to pump it, man. There there there's going to be something that comes out where it sees a big run. It's just going to happen in my opinion, you know, and earnings. Let's let earnings come out. Let's let those shares be thrown onto the market here in a couple days. and we'll we'll go from there. That's what I'm doing at least. Right. So, we have earnings on Tuesday. The EPS average estimate is 29. Well, they're going to lose 29. The low is the a loss of 42 and the high is a loss of only 12 cents. On revenue, the average estimate 6.82 billion. The low is $5.3 billion. And the high is just over $8 billion of revenue. So listen, it could be a great company for the future. I think it will. It's one of those, you know, next generation type companies, but what are you paying for it? You know, I think it's pretty expensive. I got to be honest. And I was saying that at $200 and I'm still saying that at $100 a share, guys. So, for me, I want it lower. Will we get it? I don't know. We'll see. But that's what I'm waiting for. Patience is the name of the game in the stock market, especially for the long term, especially if you want to get a solid entry on a stock that's downtrending, you know, and it's downtrending. All right, it is downtrending. So, before we talk about stock number three, which is SanDisk, ticker SNDK, let me show you this key economic event. Well, a couple um a couple key economic events for this week. really. They're all on Friday. Here in the United States, at least we're getting a lot of data. We're getting the we're getting the average hourly earnings. We're getting the non-farm employment change, which is critical, and the unemployment rate. So, let me show you what's projected here. And this is coming out at 8:30 a.m. East Coast time on Friday. So, we're going to see non-farm employment chains for July. The forecast is 88,000, right? and previously it was 57,000. This is the change in the number of employed people during the previous month excluding the farming industry. Um so we're going to see the uh again the forecast 88,000 right under 90K and previously it was 57,000 um added jobs added. Right? So we're going to do better than last month and the unemployment rate is going to change um or it's not going to change, excuse me. It's going to stay the same at 4.2%. Um, last month it was 4.2%. That's the forecast at least for this month. And this is the percentage of the total workforce that is unemployed and actively seeking employment during the previous month. So, this is a key metric obviously that the Fed's looking at when it comes to um their rate decisions, policy dec uh decisions. you know, if the labor market comes in extraordinarily hot, right, they might not want to cut rates even further. You know what I mean? They might want to just hold on and hold steady even longer. That's the reality. So, keep your eyes on that. And of course, we have other releases coming up. Um, on Thursday, we're getting the unemployment claims, which that that comes out every Thursday. Um, of course, we have ADP non-farm employment change on Wednesday. the final services PMI, ISM services PMI, bunch of other, you know, economic data, but really I'm paying attention to what's coming out on Friday. So, let's talk more about SanDisk, which obviously is a key player here in the AI trade. It's one of those stocks that Leo pulled held and got completely rinsed on. Um, I'm pretty sure he had what, Micron, some Neoclouds, I think Nebius, Cororeweave, um, other players like that. So, SanDisk is down over 50% or pretty much 50% from all-time highs heading into this print. And all that loss, all that loss has come over the last month, month, and 10 days. Think about that. It's down 50% over the last 30, 40 days heading into earnings, I believe, on Wednesday. So analysts have them doing this is crazy. $34.51 EPS versus 29 from last year, guys. They're they're pretty much 30xing 60xing. I can't 90xing their EPS, whatever that um you know, math is. Yeah, pretty much a 90x from last year, right? on revenue of 8.39 billion versus $1.9 billion from last year. That would be up 340% yearover-year. So SanDisk, man, and listen, a lot of that could be priced in. Who knows, right? I mean, a lot of it is known. It's like, yeah, we we understand Sandex's growing, but if they come in a lot hotter than that, if guidance is super strong and sentiment's looking good on Wednesday and we had a decent Monday, Tuesday, I just don't see a scenario where SanDisk doesn't at least stay flat or move slightly higher. I mean, if this thing tanks further on good earnings, that would not be a good sign of the, you know, overall market, the sentiment that we're seeing if SanDisk were to tank on good earnings. And this environment where we've gotten that flush out, sentiment stabilizing a little bit, it would be ideal for a sentiment shift back to bullish for SanDisk and other AI names for that matter. It would be ideal for them to report stellar earnings and we get the reaction, the bullish reaction that we normally used to get uh you know a little bit ago. Well, it's not like we've we've been in a bare market or anything, but that would be a great sign, the reaction, a bullish reaction. That'd be a great sign that sentiment is really starting to change um in the in the favor of these AI names. So, I'm excited about SanDisk. I'm not in it. Maybe I'll trade it. Who knows? depending on earnings. Uh, but I'm keeping an eye on them come Wednesday. Also, Uber, ticker UB, which this company, guys, they're doing well. You know, the fundamentals are solid, but the stock just doesn't want to move. It It's stuck. It doesn't want to budge. I was going to buy this stock like four months ago. I'm glad I did it. It'd be dead money. It would just be wasted capital at this point. The opportunity cost would be too high. I mean, this thing has just been flat for months, month, months after month after month after month. And eventually, that's going to change. The chart doesn't look bad. If you look at the three-year chart, the MAX chart, it looks pretty good, but we're in desperate need of um a strong catalyst. I I I don't think good earnings is going to move this thing. We need something almost groundbreaking to get this thing to break through 80 bucks. That is the big spot of resistance. 75, 80 bucks. Now we're at 70. We actually just hit 65 a couple of days ago. We need a a groundbreaking catalyst to get this thing moving. A big partnership, a massive deal, you know, some just ridiculous numbers, crazy guidance, something groundbreaking uh to get this thing moving. Analysts have them doing EPS of 83 cents versus 63 cents from last year on revenue of 14.27 27 billion versus 12.65 billion from last year. That would be up just under 13% yearover-year. Not bad, guys. Not bad. But I just want to see this thing start to budge above 7580 and we'll go from there. And by the way, guys, make sure to hit the like button. Consider subscribing. I think 50% of you guys on YouTube watch the content, but you're not hitting subscribe. Hit that subscribe button and check out my Patreon if you want to keep up with my actual trades in real time. Be a part of my private Discord channel. Massive community we've built. Check it out on Patreon. Link down below pinned in the comments or go to stocksurfast.com/patreon. I'll see you guys in there. So, Marcato Libre is one of my holdings that is a sleeping giant, right? They have earnings coming up this week. I think on Thursday, let me double check. No, Wednesday in the aftermarket. And by the way, this stock has also been flat pretty much um the entire year. We actually started off the year in between um 1900 2,200 bucks a share. Then we fell through that critical support and we've been struggling to break back through it all year since $1950,000. I feel like we might be coming um to a point where we're going to break through. We have a cup and handle. Clear as day cup and handle wide open gap right here back to 2150. $2,200 a share. I think it's coming. I think it's coming. I'm up on my position. My average cost I think is in the low 1800s, high,700s on Marcato Libra. I was able to get it down. And this company, guys, is dominating. They're again like a sleeping giant in South America. People don't realize how strong this business is. And it's the same um you know the reasons why Marcata Libre is is being suppressed some of are some of the same reasons why we're seeing Amazon well I guess Amazon pop now but you know a lot of the reasons why some of the big conglomerates in the United States are being suppressed you know Marcato Libre is making some critical investments for the future their capex is going up their free cash flow's gotten hit their profit margins have gotten hit profitability 's gotten hit, but guess what? This is short-term in nature, and I think investors are starting to realize that. Um, and I think there's potential for a pop after earnings. I'm not one of these guys that trades earnings, buys calls, goes crazy, right? But I feel like we might be getting a pop post earnings. I just have that feeling. It's not It's not guaranteed, right? But I'm long and I think we're going to fill this gap pretty soon here. Let's see how this ages, guys. But I just feel the sentiment is getting better. Um, you know, these investments will pay off. We'll see how the earnings call goes and I think we're going to see higher um higher prices here. Not guaranteed though. Marcato Libre analysts have them doing $8.94 of EPS versus $10.31 from last year. That goes back to, you know, what I said. EPS is getting hit a little bit. Margins, free cash flow is getting hit, but they're making investments. So, I'm not freaking out about their EPS being down year-over-year because, guys, their revenue their revenue is projected at 9.76 billion. That's the average estimate versus 6.79 from last year. That would be up 44% yearonear, guys. They're growing over four almost 45% year-over-year. This company is a growth company. Um they're they're just dominating. They're dominating. And when in doubt, zoom out. The three-year chart looks decent. The MAX chart looks unbelievable. I've been buying and I'm holding. You know, I'm holding on tight. I think the stock is a mid2000, high $2,000 stock. Um, not too far down the road. So, I'm in Marcato Libre. Shopify is another one that I'm I'm not in it, but I'm watching it for this week, guys, which it's also been flat for a long time, pretty much the entire year. So, you'll realize a lot of stocks have been flat this year and a lot of the stocks on this list have been flat this year. Um, you know, Uber, America, Libre, Shopify, but I think some, if not all of these could be opportunities. Do your own research. Do your own deep dives, guys. Not financial advice. So, Shopify is trading at 117 heading into earnings on the 5th, I believe. Yeah, the 5th, which is Wednesday. Analysts have them doing EPS of 40 cents versus 35 cents from last year on revenue of 3.44 billion dollar versus 2.68 from last year. That would be up around 28% yearonear. So Shopify's growth is not what it was. It slowed down, but it's there. It's not bad. 28 30% growth year-over-year. And the chart honestly doesn't look bad on the monthly. We actually have a cup and handle on the monthly starting to form. You guys see it? So, I think overall the level to watch for shop is 135. And I've had that alert for a while. Um, it hasn't hit, we almost got there a couple days ago. We hit 134. But that's the spot to break. You'll notice we tested it a couple days ago. We got hit. We got hit there a couple months ago. Major resistance, guys. We got to get through that. And I think if we do um now we're talking for a major gap to fill towards 16070 dare I say even higher. So Shopify must watch and Airbnb ticker ABNB which is currently at 150. We called this out a couple weeks ago um at about 13540. That played out beautifully. Now we're trading pretty much at all-time highs. Um actually no I'm lying. Holy crap. The all-time high was back in 21. uh we hit 220. So, we're nowhere near all-time highs. Uh but we are trading quite nicely here on the 4 hour. Higher highs, higher lows, the whole nine yards, which honestly is not surprising. I mean, this was one of the World Cup trades that we called out a couple weeks ago. It was pretty obvious, right? We saw the World Cup in the United States. Airbnb is getting booked left and right. Obviously, we're in the summer season as well. Airbnb is getting booked left and right. So, this trade got, you know, it worked out. We called it out right during the heart of uh the World Cup, maybe even before um during this consolidation period, and now it's at 150. And I think on good earnings, which we'll see kind of the numbers uh from, you know, the tail end of the World Cup. I think that could send the stock even higher if they surprise um greatly. We have EPS projected at A1.25 25 versus a dollar3 from last year on revenue of 3.58 billion versus $3.1 billion from last year up around 15 16% yearonear. Not bad. Pretty good. Um, so that's it. That's it for the video guys. Airbnb, Shopify Marcato Libre Uber SanDisk SpaceX, and AMD. Those are seven of the stocks I'm watching. And listen, we could talk all day. There are about 10 to 20 other stocks we could break down. I'm watching. Uh, but that's it for this video. We're in here 24 minutes almost. Unbelievable. So, make sure you guys let me know your thoughts in the comments. Hit the like button, consider subscribing, hit that follow button, and check out my Patreon. If you guys want to work more one-on-one, see my trades in real time, how I break down the market. If you want to be a part of my private Discord, all that's linked down below, pinned in the comments, or go to stocksurfest.com/patreon. And with that being said, cheers. I'll see you guys tomorrow. Have a great rest of your night. I'm pumped for this week. Let's go, baby.