All posts by David Prince
AMZN Is David Prince’s Favorite MAG7 Earnings Setup
Amazon (AMZN) reports second-quarter earnings after the market close on Thursday. Watch the video below to learn why this is David Prince’s favorite MAG7 earnings setup: Expectations for Amazon’s report are as follows: Earnings: $1.02 per share, up 63% year over year Revenue: $148.6 billion, up 10% YoY Advertising Revenue: $13 billion, up 22% YoY AWS Revenue: $25.86 billion, up 17% YoY Although David sees opportunity in Amazon with low valuation and increasing cashflow, he says Bezos’ selling puts pressure on the stock. Click here to apply for the Inner Circle to see how David trades the print!
Continue Reading -->Tesla: Where Inner Circle Sees Opportunity
Tesla (TSLA) reported bleak second-quarter results this week with auto revenue and margins continuing to shrink. Here’s how results compared to estimates: Adjusted EPS: $0.52 vs $0.62 expected Auto revenue: $19.9 billion, -7% annually Adjusted operating margin: 14.4% vs 18.7% a year ago The Inner Circle team shared their thoughts on the stock post-earnings: TSLA got beat up post-earnings with a huge gap lower: *chart as of 4:00pm ET July 24, 2024 Kira Turner believes this is a more speculative play than ever before while Rick March says it’s just a trade, not an investment. David Prince says it’s all about the future and whether you believe in Elon. Even if it’s no longer an investment for this team, you can bet they will take a trade if one presents itself. Apply for the Inner Circle so you don’t miss their next TSLA trade!
Continue Reading -->Can IWM Hit $300? David Prince Answers
Tom Lee says IWM is headed for a 40% gain! He’s set a $300 target on the fund. Inner Circle’s David Prince is looking for $240 in the near-term: He’s been all over the recent small-cap strength and caught this week’s IWM bounce perfectly: David remains bullish and says he is a buyer on pullbacks. *chart as of 3:37pm ET July 23, 2024 He says expectations for a rate cut remain good for IWM and small caps. The Fed’s favorite inflation gauge – the PCE price index – is coming up on Friday. And David believes a soft number could fuel the next leg of this rally. Click here to apply for the Inner Circle to trade alongside him!
Continue Reading -->How David Prince Is Preparing For NFLX Earnings
Netflix (NFLX) reports earnings on Thursday. Are you ready? David Prince says this report is different than the past. The company is trying to push analysts away from focusing on subscriber growth. So what’s the stock’s story now? Watch the video below to find out: He says the chart isn’t exciting him long or short, take a look for yourself: *chart as of 3:27pm ET July 16, 2024 David expects subscriber numbers to be subpar. How will the street react? This stock has a history of big post-earnings moves. Over the last four quarters, NFLX has moved 11% on average the day after reporting. As of now, the stock is pricing in a $52 move post-earnings, or about 8.4%. Click here to apply for the Inner Circle to see how David approaches this stock in real time after the print!
Continue Reading -->David Prince’s Keys To Success
David Prince of T3 Live’s Inner Circle discusses his top keys to success for traders: You’ll learn: how position sizing can make or break you how to make more by holding trailers most common mistakes that traders make when to get out of a losing trade
Continue Reading -->When To Exit A Losing Trade
Choosing when to get out of a loser isn’t always as simple as operating with a set stop loss. David Prince of T3 Live’s Inner Circle explains how he chooses when to take a loss: Do you listen when the market is telling you you’re wrong or running out of time? Knowing when to cut your losers to let your winners run is key to success.
Continue Reading -->Can You Outperform The Market?
David Prince of T3 Live’s Inner Circle explains how traders can create Alpha through sizing: Are you taking on too many positions? Maybe. Sometimes, less = more in this game. And it’s possible to outperform the market with proper sizing on your best positions.
Continue Reading -->How David Prince Nailed TSLA’s Drop
“This is the greatest day in the history of days” That’s what one Inner Circle member had to say after a winning day trading Tesla (TSLA) puts in the room! David Prince saw weakness coming in Tesla earlier this week and went long the July 19 $245 puts on Tuesday. It was a nerve wracking trade for some with Tesla up over 50% since the end of June. But it all paid off on Thursday when the puts popped more than 200% as Tesla announced delays to its robotaxi project. This trade paid off big for members who were willing to follow along. How do we know when the top is? “The way to find tops is to look for relative weakness. When the Nasdaq is up 3 points and Tesla is lagging… you’ll know we’re at the top.” David also logged a winning Tesla puts trade inside his Epic Trades newsletter this week! Click here to learn more about Epic Trades so you don’t miss the next big idea from David.
Continue Reading -->Advice for Permabears: Opportunity Cost Is Your Enemy
What do you do if you missed $AMZN $NVDA $TSLA $AVGO?@epictrades1 explains the problem with being a “smart” permabear. This sounds a little mean… but you need to hear it. Opportunity cost is killing your P&L. pic.twitter.com/uCay0JOYgV — T3 Live (@t3live) July 4, 2024 The problem with being a permabear is opportunity cost. So many traders are obsessed with predicting declines that they miss out on all the huge opportunities on the way up. Plus, when things do correct, whatever a bear makes is dwarfed by that they could have made if they participated in rallies. David Prince explains this ugly truth in a not-so-nice way that people really need to hear.
Continue Reading -->Why Amazon Can Hit $220
David Prince of T3 Live’s Inner Circle explains why he’s loved Amazon (AMZN) so much, and why it can hit $210 to $220 this year: Amazon (AMZN) has been a monster stock in 2024 — but only after years in the dumps. David Prince explains: Why so many things are going right at Amazon The power of AWS and Amazon’s advertising platform Whether AI has a role to play at Amazon Why Amazon can’t hit the profitability of a name like Nvidia (NVDA), and why it doesn’t matter What it will take for Amazon to hit $21o to $220
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