NIO<\/strong> hit $13.20 last week. I'm still long. If TSLA<\/strong> continues, this should have more room. It needs to hold $11.90.<\/p>\n TSLA<\/strong> changed January 6 and became my #1 P&L driver for 2023. Many did well with call spreads into earnings or buying it vs. $154.76 the day. It hit $180.76 Friday. We'll see how it reacts for active cash flow today. It just had a big move, so let it do some price discovery.<\/p>\n RBLX<\/b>\u00a0is tight. Some are long vs. the $34 area. Others are waiting for a high-volume move above $38ish.<\/p>\n AMD<\/b>\u00a0ignited above $65 a few weeks ago and cleared $72.60 Monday to see $77+ last week. It went red to green after INTC<\/strong>. Earnings are on Tuesday. See if can hold hold $73ish for now.<\/p>\n Scott Redler's positions disclosure as of 2023-01-30 at 7.23.09 AM<\/em><\/p>\n We have mostly red arrows around the world after a big start to 2023. Spain’s Hot CPI is putting some pressure on Europe, and most of China is lower after their holiday week. SPX\u00a0futures are -36 after hitting a high of 4094 Friday. We’ll see if the 4039 area can hold this morning with 4015 a bigger spot. The FOMC is Wednesday, with many big earnings reports in the mix —\u00a0AMD,\u00a0XOM,\u00a0META,\u00a0AAPL,\u00a0GOOGL, and\u00a0AMZN. SPY\u00a0gave us a very tradable move as it hit a high of $408.62 before fading a bit Friday. This morning we’ll see how it handles $402ish. $400 is a bigger spot. If you are thinking there can be one more move higher this week, $408 or $410 lotto calls for Wednesday or Friday may be worth a look. Now let’s look at some individual names. LCID was a great grab Friday as our eyes were on it with the TSLA strength. It doubled intraday to take some off. I also took some home. I trimmed most of my position above $14.50 pre-market. See how it holds up. NIO hit $13.20 last week. I’m still long. If TSLA continues, this should have more room. It needs to hold $11.90. TSLA changed January 6 and became my #1 P&L driver for 2023. Many did well with call spreads into earnings or buying it vs. $154.76 the day. It hit $180.76 Friday. We’ll see how it reacts for active cash flow today. It just had a big move, so let it do some price discovery. RBLX\u00a0is tight. Some are long vs. the $34 area. Others are waiting for a high-volume move above $38ish. AMD\u00a0ignited above $65 a few weeks ago and cleared $72.60 Monday to see $77+ last week. It went red to green after INTC. Earnings are on Tuesday. See if can hold hold $73ish for now. Scott Redler’s positions disclosure as of 2023-01-30 at 7.23.09 AM<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[736],"tags":[],"class_list":["post-66087","post","type-post","status-publish","format-standard","hentry","category-scott-redler-dog-bytes"],"yoast_head":"\n![\"\"](\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2023\/01\/Screen-Shot-2023-01-30-at-7.23.09-AM.png\")
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