Finance Unfiltered

The June 15th newsletter will be posted soon, but just a quick update on positions we are currently holding or have closed out. Amazon, we are holding and currently have an 11.88% move higher in the stock. We are still holding Shopify, and we have approximately a 10.11% gain in the stock. Paychecks we were stopped out for a 1.07% loss. And Palantir, we closed out last week for a total move in the stock of plus 11.3%.
This is after the prior week where we rode a 5.6% gain in Costco, a 17.29% gain in SSR Mining, and lost on a 4.19% drop in Uber. -Bobby-

The "Bounce play long" We were looking for in PepsiCo (PEP) had a qualifier: if this close happens (below $130.25), before the entry trigger occurs, the trade is voided. Well, it did... we got a close below $130.25 before we got the close above $132.75. So in this week's newsletter, you will not see that trade listed under medium-term trade ideas or open positions. The trade has been voided and is gone from the newsletter. -Bobby-

our

Typo in the Newsletter. Thanks to our new member Mike for pointing it out. Here is the corrected High-risk trade idea:

Skywest   (SKYW) – pull back long    

- ENTRY PRICE: [$98.48]

- 1ST TARGET PRICE: [$102.35] – extended TARGET [$105.00]

- STOP LOSS: [Close below $95.75]

- OPTIONS TRADE – N/A

THESIS: Tight stop. This is one of the lower-volume stops we’ve looked at. The average daily trading volume for SKYW over the last year is approximately 453,558 shares, and the chart has many gaps that can help us to the upside. SO, what could drive it? Q1 2025 revenue rose 18% to $948M; net income more than doubled. Block hours were up 22%. Margins, EPS, and analyst forecasts all point to continued strong growth.

RISKS: This is one of the lower-volume stops we’ve looked at. The average daily trading volume for SKYW over the last year is only 453,558 shares, and the chart has many gaps, which can hurt us on the downside. SkyWest could face downside risks from pilot shortages, supply chain issues, and