Stock Talking

Back from vacation, I'm ready to join The Impervious on a spirited discussion about tech's sell off. With SPY closing at 338, we talk about market expectations going into the fourth quarter - energy, industrials, precious metals and more. On the bull side, we cover the arguments for and against $DKNG (new deal with ESPN, including link outs on articles to DraftKings) and $PENN ($80 price target from Rosenblatt). On the bear side, we share thoughts on the Hindenburg report against $NKLA. Finally, updates on our bets - $BRK.B v. $QQQ, $MGM v. $CRWD and $CROX v. $SKX.

Josh Brostoff, Senior ServiceNow Architect at GlideFast Consulting, discusses the growth of ServiceNow through superior workflows and its Customer Service Management offering. We walk through highlights of Q2 earnings and the company’s goal of hitting $10 billion in revenue. Can $NOW land more 8 figure deals after a record Q2? Josh talks tech valuation in light of recent market action and his bull thesis on Ping Identity ($PING). We close out with a discussion of the Snowflake IPO and Frank Slootman’s time as ServiceNow’s CEO.

A crazy Tuesday marked by CRM knocking the cover off earnings and SPY closing at a hard-to-believe 344. The Impervious and I talk market action for the next few months and years. Will we ever see money leave tech? Will gold and silver catch another bid? What's the outlook for $FB after notching another all-time high? All that and more in this episode of Stock Talking.

Battle of the lame footwear! The Impervious and I turn to shoe sellers as the cloud sells off and the market trades sideways in a week where my eventful is Sean’s boring price action. We analyze Buffett’s move into $GOLD and the road ahead for $SPY, including whether the future for e-commerce stocks looks different than essential cloud names. We make another exciting wager - this time a pair of Sketchers versus a pair of Crocs - based on our fundamental analysis of $SKX and $CROX. 

$SPY keeps running as the market defies gravity. We review last week and stellar earnings from $TWLO, $NET and $BRK.B. Sean overviews the macro picture and a possible dollar shortage's impact on precious metals and crypto. Earnings previews - $CRWD and $SPG. Sean and I make a new bet in honor of $IAC's $1 billion stake in $MGM.

SPY continues to rally on a stellar week of earnings. I morph into the ultimate bull (ready to launch new long positions in $PYPL and $MELI) while The Impervious preaches caution, precious metals and crypto. Sean is looking to hold puts into $MRNA earnings based on insider selling and likes the miners ($GDX, $NEM) heading into this week. We offer thoughts on the high vol tech names reporting ($TWLO, $NET, $SQ, $DDOG, $FSLY). Last but not least - a review of our new DFS-based stocks game: Street Bets.

With SPY closing at 325, Sean and I ponder the market's next move.  Megacap tech continues to trend higher as financials and energy play catch-up. We preview a new competitive game that blends daily fantasy sports and market trading, with "player salaries" based on implied volatility. Surprise surprise - $TSLA earnings may determine the winner.

Nick Martin is a Principal Software Engineer at Indigo Agriculture and long-time fixer of things. He previously worked at Tapjoy, where he helped build a premier adtech platform capable of handling billions of requests per day. Nick details his steps to fix broken teams, create alignment in organizations, optimize organizations for finding the highest ROI projects and so much more. We talk in-depth about the components that go into successful teams and the four stages of team building - forming, storming, norming and performing. How do teams being split or new engineers being hired impact these stages? Nick offers thoughts on achieving sustainable growth and the tradeoffs that come from increasing headcount. We trade ideas on the tech lead position and individual contribution v. management paths. We also get Nick’s take on engineering organizations in the post-COVID world. Per Nick’s recommendations, check out Eager Labs (https://www.eagerconnect.com/) and The Manager’s Path (https://www.amazon.com/Managers-Path-Leaders-Navigating-Growth/dp/1491973897) for more on building great engineering organizations.

Earnings are back! The Impervious and I break down the big week ahead for banks ($XLF, $JPM, $C, $WFC, $GS, $MS, $BAC) and what it means for the market. We talk some macro, including retail trading in China and the Fed leaving the repo market. Sean offers some guidance on how to trade bubbles with the EV manufacturers ($TSLA, $NIO, $WKHS, $SHLL, $SPAQ) and sports gambling ($DKNG, $GNOG) heating up. The Impervious gives his options picks for the weeks ahead ($KO,  $ADBE, $SPCE, $TSM, $BMRA, $OCO, $SLV and more).

The Impervious and I trade bearish takes on the market in the wake of some wild price action last week that left SPY at a round 300. Trade for the week ahead - short sports gambling ($DKNG), long cloud ($FSLY, $NET, $NOW). Sean and I connect on a trade we both like for next week and ponder trading in the electric vehicle space ($WKHS, upcoming SPAC $SHLL). We end with predictions on gold and possible Fed actions in the event of a market decline.