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Stretch your legs and call this THE RE-AWAKENING TRADE. Implied volatility is through the floor in today's name, as traders have been bored to sleep on this former high-flier, making long-term calls cheap and a great potential reward-to-risk. 

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Below is my weekly video for members of Macke's Retail Roundup. 

We've entered the retail portion of earnings season. This week I analyzed the reports and reactions from DIS and PTON, two consumer stocks I watch closely...

The Jeff Macke Portfolio
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In today’s Daily Digest, we’ll review the following:

  1. New position in IBB.
  2. No adjustments are needed today.
  3. No exits since the last report.
  4. Current status of open campaigns...
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Occidental Petroleum $OXY didn’t blow the doors off this quarter.

Results were mixed, with some revenue softness and a slight beat on EPS, but you wouldn’t know it from the tape.

Shares exploded higher, logging their best earnings-day...

The Beat Report
📊 Daily ETF Overview 

We’re here to make money.That means we naturally focus on the strongest areas of the market. But there’s also valuable information—and opportunity—in watching the weakest.When even the worst-performing groups...

ETF Power Rankings

I somehow found myself in Bangkok presenting to a room full of traders for a CMT event a few years ago.

I remember thinking how much I wanted them to like me…

...
The Strazza Letter
Strazza
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In today’s Daily Digest, we’ll review the following:

  1. New position in XLB.
  2. No adjustments are needed today.
  3. No exits since the last report.
  4. Current status of open campaigns...
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After bouncing off a key polarity level earlier this year, OKLO now appears poised to reclaim a critical area defined by both the anchored VWAP from the February highs and the VWAP from the all-time lows. ...

Breakout Multiplier
Breakout Blog
pton

Everyone's lost but me.

That's the first and most likely explanation for why I gave Peloton's quarter an A- and Wall Street took the stock out back and shot it.

 

I don't own Peloton shares because I was counting on an incremental 10c...

Pton
 

Peloton shares are down pre-market despite the company doing just about anything analysts could have asked from it.

Churn hit 1.2% despite a massive drop in marketing spend. As mentioned in the preview yesterday, if Peloton can retain the...

The Macke Letter
$PTON

Uber $UBER reported mixed results this quarter, topping revenue, but missing EPS expectations. 

Instead of celebrating what seemed to be a decent quarter, the stock dipped 2.5% on the day.

That’s not what strength looks like.

...

The Beat Report
📊 Daily ETF Overview 

Technology just printed its first green box in nearly three months.Yesterday, I touched on the Growth vs. Value ratio and how Growth looks ready to regain leadership as markets recover from recent losses....

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