Belanger Trading
Josh BelangerFrom the Trade Desk is Belanger Trading’s daily market commentary on what matters on Wall Street right now, and why we’re watching it.
| Platform |  | Pricing | Only free issues | Publishes | Twice weekly |
|---|---|---|---|---|---|
| Issues | 487 | Founded | 3 years ago | Last Issue | 6 days ago |
| Active | |||||
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joshbelanger.substack.comLatest Issues
MCD Is NOT a Buy Until It Falls 30 More Points
They sold every restaurant stock Tuesday.
Not because a company missed. None of them reported anything.
A data firm put out a report that morning. It painted an ugly picture of eating out.
Investors didn't wait. They hit the sell button...
Trade Oracle Don’t OWN It.
Oracle printed a record cash-flow quarter. Wall Street kept selling it.
Down into the report. Down again Friday.
Good quarter, but not enough. That's what I'm hearing from folks on the desks.
Demand isn't the problem. Backlog, the busine...
AVGO Is Dead Money Until December
The Street dumped Broadcom last Thursday with shares sinking 7% at the low.
Even after reporting it’s best quarter the company has ever printed.
And what soured the Street was the forecast.
Shares did bounce on Friday session, but this...
SELL LULU Before New CEO Cuts the Guide
Lululemon reported a disaster Thursday night.
By midday Friday the stock was down about 17.6%.
Nobody should be shocked. This is what the quarter before a handoff looks like.
Heidi O'Neill becomes chief executive September 8. Two interim...
Marvell Is Dead Money Until October 6
Two AI chip names reported blowout quarters last week.
One sank. The other soared.
Because the Street is now nervous about the AI multiples.
Which is why they are rotating out of one, into the other.
A Dime Under the Price Marvell...
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ex-Wall Street trader. Qtd. in WSJ, Bloomberg, & Reuters. Here's what I'm trading \ud83d\udc47
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