{"id":58189,"date":"2021-11-01T09:26:06","date_gmt":"2021-11-01T13:26:06","guid":{"rendered":"https:\/\/www.t3live.com\/blog\/?p=58189"},"modified":"2021-11-01T09:26:06","modified_gmt":"2021-11-01T13:26:06","slug":"scott-redlers-dog-bytes-metaverse","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2021\/11\/01\/scott-redlers-dog-bytes-metaverse\/","title":{"rendered":"Scott Redler\u2019s Dog Bytes: The Metaverse Begins"},"content":{"rendered":"<p><b>SPX<\/b>\u00a0futures are +5 and we see if 4524 holds to keep upper momentum.<\/p>\n<p>The trade is very specific right now. <b>SNAP<\/b>,\u00a0<b>INTC<\/b>\u00a0and\u00a0<b>IBM<\/b> put pressure on tech. We'll see how\u00a0<strong>FB's <\/strong>earnings report after the close goes.<\/p>\n<p>Over in tech, as long as <strong>QQQ<\/strong> holds the $372 area, it's hard to get too bearish.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" title=\"FCirXFkWQAku3yi\" src=\"https:\/\/www.t3live.com\/blog\/wp-content\/uploads\/2021\/10\/FCirXFkWQAku3yi.jpeg\" alt=\"\" width=\"973\" height=\"466\" data-id=\"58030\" data-init-width=\"1200\" data-init-height=\"575\" data-width=\"973\" data-height=\"466\" \/><\/p>\n<p>Now let's dig into some of the individual names I'm watching.<\/p>\n<p><b>TSLA<\/b> is now a top 3 P&L winner for me this year. It gave a beautiful long setup from $807 and another nice reentry post-earnings. It went green and cleared $877 and then $900 Friday. There\u2019s nice upside follow-through this morning on a Morgan Stanley upgrade and Hertz news. I\u2019d trim and trail.<\/p>\n<p><b>AMZN<\/b> got hit Friday with most of tech as the $3400 pivot broke. I do have a call spread on for earnings Thursday. The only way it works is if a split gets announced, which might be far-fetched. There is a huge channel here with very choppy action, so be careful.<\/p>\n<p><b>FB<\/b> was having problems even before the <strong>SNAP<\/strong> earnings miss which showed advertisers are not spending. It will be important to see if all the negativity is priced in. $317.37 was a recent point of reference. It reports today. They are also planning on changing their name so we will see they announce that.<\/p>\n<p style=\"text-align: center;\"><strong>Positions Disclosure as of 10\/25\/2021 at 8:08 a.m. ET<\/strong><\/p>\n<p><img decoding=\"async\" title=\"Screen Shot 2021-10-25 at 8.08.05 AM\" src=\"https:\/\/www.t3live.com\/blog\/wp-content\/uploads\/2021\/10\/Screen-Shot-2021-10-25-at-8.08.05-AM.png\" alt=\"\" width=\"286\" height=\"346\" data-id=\"58031\" data-init-width=\"460\" data-init-height=\"558\" data-width=\"286\" data-height=\"346\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SPX\u00a0futures are +5 and we see if 4524 holds to keep upper momentum. The trade is very specific right now. SNAP,\u00a0INTC\u00a0and\u00a0IBM put pressure on tech. We&#8217;ll see how\u00a0FB&#8217;s earnings report after the close goes. Over in tech, as long as QQQ holds the $372 area, it&#8217;s hard to get too bearish. Now let&#8217;s dig into some of the individual names I&#8217;m watching. TSLA is now a top 3 P&#038;L winner for me this year. It gave a beautiful long setup from $807 and another nice reentry post-earnings. It went green and cleared $877 and then $900 Friday. There\u2019s nice upside follow-through this morning on a Morgan Stanley upgrade and Hertz news. I\u2019d trim and trail. AMZN got hit Friday with most of tech as the $3400 pivot broke. I do have a call spread on for earnings Thursday. The only way it works is if a split gets announced, which might be far-fetched. There is a huge channel here with very choppy action, so be careful. FB was having problems even before the SNAP earnings miss which showed advertisers are not spending. It will be important to see if all the negativity is priced in. $317.37 was a recent point of reference. It reports today. They are also planning on changing their name so we will see they announce that. Positions Disclosure as of 10\/25\/2021 at 8:08 a.m. ET<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[736],"tags":[],"class_list":["post-58189","post","type-post","status-publish","format-standard","hentry","category-scott-redler-dog-bytes"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/58189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=58189"}],"version-history":[{"count":4,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/58189\/revisions"}],"predecessor-version":[{"id":58195,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/58189\/revisions\/58195"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=58189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=58189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=58189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}