How To Trade Earnings Season with Sami Abusaad — Unlock Your Trading Potential!
Unlock your trading potential with "How To Trade Earnings Season with Sami Abusaad". Learn both beginner and advanced strategies to optimize your performance and decision-making. Master leveraging options to navigate the dynamic market landscape. Elevate your trading skills!
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00:00:00What is going on, Benzinga Nation?
00:00:03We are doing what Drake would call a back-to-back.
00:00:06We've got Sammy Abu-Saad from T3 Live
00:00:08coming to hang out with us again.
00:00:09Yesterday, if you joined the stream on live trading,
00:00:12he had some great call-outs.
00:00:13One of them for me was FedEx.
00:00:15Now look, at home, I don't really carry Benjamins,
00:00:17but he made me a bunch of money,
00:00:19maybe about 300 bucks on the FedEx calls.
00:00:20I got to take some call options
00:00:22and that was a beautiful thing.
00:00:23The man trades shares, which is amazing to see
00:00:26when it comes to earning season.
00:00:27And that's exactly why we're doing this webinar
00:00:29because earning season is gonna kick off
00:00:31in the second half of July.
00:00:32There's so many companies that are gonna be reporting,
00:00:34right?
00:00:35Well, it used to be like the Fang Companies
00:00:37and the Magnificent Seven
00:00:38and whatever their nicknames come up in the stock market.
00:00:41This is a webinar where you're going to learn insights
00:00:44on what strategies he uses.
00:00:46And of course, if you want to continuously
00:00:47get those updates every single morning,
00:00:49there are a few packages that we have to offer.
00:00:51You'll see the websites and you'll see everything else
00:00:53that we have to offer here as well.
00:00:55But Sammy, give me a thumbs up
00:00:56when you are ready to go, my man,
00:00:57and we will get rocking and rolling.
00:01:00Sammy Abu-Saad, what is going on?
00:01:01I'd ship you the money via FedEx,
00:01:03but I'd like to keep it.
00:01:05Good to be back.
00:01:07I enjoyed yesterday very much.
00:01:10And yeah, good to be back.
00:01:12I'm looking forward to today's
00:01:13because this is my favorite strategy, actually.
00:01:16Awesome.
00:01:17And then just, let's go.
00:01:18I know you got the slides up,
00:01:19so let's go ahead and kind of just give a sneak peek,
00:01:21I guess, a preview of what it is that you do.
00:01:23I didn't know you were an accountant.
00:01:26I was, I am, I was.
00:01:30Tell me a little bit about this.
00:01:31So we're live?
00:01:32You are live.
00:01:33Everyone's watching you.
00:01:34Say hello to whoever you want in the world.
00:01:36Hi, everybody.
00:01:37Really good to be with you today.
00:01:39I am really excited about this.
00:01:42I am going to share with you something
00:01:43that I discovered on my own.
00:01:45Nobody's ever taught me this.
00:01:47You're never gonna see this strategy anywhere else
00:01:50unless other people start copying me,
00:01:52but it's truly near and dear
00:01:56because it's something that I discovered on my own,
00:01:59and it's truly my favorite strategy
00:02:01that I do almost every day these days
00:02:05because I trade earnings the whole year,
00:02:08but during four times a year,
00:02:11like we have a six-week window.
00:02:14So from January through February,
00:02:18from April through May, or July through August,
00:02:22and October, mid-October through the end of November,
00:02:25those six-week periods, it's like endless opportunities,
00:02:29but I do trade earnings throughout the year
00:02:32almost on a daily basis.
00:02:33I take something, but during those six-week periods,
00:02:38you know, I may take a dozen plays a day.
00:02:40So a little bit about myself.
00:02:42I worked for KPMG,
00:02:43which is a big four accounting firm, for four years,
00:02:46and as a CPA, as a senior auditor,
00:02:51until I saved enough money to quit
00:02:54and go full-time as a trader.
00:02:57Started part-time in 2004, went full-time in 2007
00:03:02with $16,000 that I had saved from work.
00:03:05I actually saved 20,
00:03:06and I deposited 16 in a TD Ameritrade account,
00:03:10and I kept 4,000 for living expenses.
00:03:13Grew the account to about 50,000 in six months,
00:03:17and my older brother at the time
00:03:21was amazed with the results,
00:03:24and he said, if you can make that kind of money
00:03:26through buy and hold,
00:03:27imagine how much more you could make by trading,
00:03:32by actively trading,
00:03:33and he was mostly referring to things on the highest,
00:03:38symbols on the highest gainers, highest losers,
00:03:41biggest losers list, and so I started to day trade,
00:03:45and I gave back the 50,000 plus $15,000 more
00:03:49in less than three months.
00:03:51So that's when I realized I didn't quite know
00:03:54as much as I thought I did,
00:03:55that being an accountant didn't really help me much at all,
00:04:00and that's when I started scouring the internet
00:04:02for trading resources,
00:04:04and started spending a lot of time
00:04:07trying to learn how to trade.
00:04:10Today, obviously, I trade full-time,
00:04:12been doing it full-time for,
00:04:15I mean part-time for 20 years,
00:04:16full-time for 17 years now.
00:04:20I'm definitely aging myself here,
00:04:26but I trade full-time,
00:04:28and people say, why do you teach?
00:04:31Because I have made millions in the stock market,
00:04:33and I'm not bragging or anything like that,
00:04:36because it's my calling.
00:04:37It's something that's very fulfilling to me,
00:04:39something that I enjoy.
00:04:41So that's why I also teach people how to trade
00:04:45and become financially independent.
00:04:46What I love, and what I love real quick, I wanna say,
00:04:48and I told the viewers from live trading
00:04:50that one of the things that,
00:04:52obviously, look, it's a sponsored show.
00:04:53We make it very transparent what we're here to do.
00:04:54We're here to show, hey, here is what Sammy does,
00:04:57and if you wanna get more insights from him,
00:04:58here's a package that's available.
00:04:59We'll go over all that, by the way,
00:05:01here throughout the presentation,
00:05:02but it's the transparency that you'll show here
00:05:04in this Dex as well.
00:05:05You show the money that you've made
00:05:07and your broker from five years ago.
00:05:09There are some trades that you'll just talk about
00:05:10that you've made money from in just a couple of months ago,
00:05:13early this year, last year, whatever the case is.
00:05:15So the transparency, I think, is great.
00:05:17And, but anyway, lawyers, of course,
00:05:19we gotta have that disclaimer there as well.
00:05:21Exactly.
00:05:22So this is a disclaimer to let you know trading is risky
00:05:26and that this is just for educational purposes only, okay?
00:05:30It's not a recommendation to buy or sell anything.
00:05:32All right.
00:05:33So there are three ways to trade earning season,
00:05:38and I don't know if you know what they are, but you should.
00:05:42The first one is called guerrilla trading,
00:05:43where you enter the day before the company reports.
00:05:46That's the riskiest because you don't know
00:05:48what is going to be reported.
00:05:50You don't know what they're gonna say on the earnings call.
00:05:52Yeah.
00:05:53Day trading, which is what we did together yesterday,
00:05:55you wait for the company to report,
00:05:57the stock usually gaps, and you trade the gap.
00:06:00I do that every single day.
00:06:02I did that the first 15 minutes,
00:06:04first 20 minutes before coming on this morning.
00:06:08Yeah.
00:06:08I mentioned the Elan short, which fell apart
00:06:13and got halted, and the WBA short, which fell apart also.
00:06:16So I did a couple of trades just before coming on the show.
00:06:19That's day trading.
00:06:20The third part is swing trading, where you wait,
00:06:22so the stock gaps, and then sets up on the daily chart,
00:06:27and you take a swing trade after the daily gap.
00:06:31So 56% of all my trades are off of the gaps,
00:06:38after the gap.
00:06:39So you get the gap, you get the little base,
00:06:42you play it long.
00:06:44Notice, gap up, clears the resistance,
00:06:47and then pulls back a little bit to the 200 MA,
00:06:49and then boom, long.
00:06:50This is called swing trading.
00:06:52I'm actually not here to cover that,
00:06:54but this is one of my favorite strategies also
00:06:57for swing trades, and like I said,
00:06:59over 50% of all my trades happen after the gap, basically.
00:07:05Sometimes when the gap is, when the stock is down a lot,
00:07:08and then you get a big gap on high volume,
00:07:11that's an exhaustion gap,
00:07:12like it sets the bottom for a long time to come.
00:07:15As you can see, just amazing moves,
00:07:18and that's when people actually get shaken out of it.
00:07:21They think, oh, the stock is going to zero,
00:07:24and then it's actually the bottom.
00:07:26Usually it's the bottom, okay?
00:07:28So those are just some examples,
00:07:30but that's not actually what I'm here to talk about.
00:07:32What I'm here to talk about is guerrilla trading,
00:07:35which is entering before the company even reports.
00:07:38And this is like, I truly, this is the absolute truth.
00:07:44I truly, truly never planned to share this strategy, ever,
00:07:49because I was afraid I discovered something
00:07:51that's revolutionary, which it is, I'll show you,
00:07:56that once the word gets out,
00:07:58everybody would start doing it,
00:08:00and it would lose its efficacy, right, its effectiveness.
00:08:05But then, in 2017, I launched a new program at T3.
00:08:12T3 Live acquired Pristine,
00:08:16which is where I started trading, in 2016.
00:08:19Like, I think February 2016 is when we closed the deal,
00:08:25all right, okay?
00:08:26And so in 2017, T3 Live wanted me
00:08:28to launch this swing trading program
00:08:30called Nightly Game Plan.
00:08:32And part of the Nightly Game Plan is every week,
00:08:36I did a video for the subscribers
00:08:39and went over the results for the week,
00:08:41and then at the end of the month, for the whole month.
00:08:44And so I did this video, and you can,
00:08:48there's the link for you if you wanna check it out
00:08:50or just Google Nightly Game Plan.
00:08:52At the time, it was called Nightly Game Plan.
00:08:54Now we call it Strategic Swing Trader.
00:08:57And T3 noticed that in one month,
00:09:00I made $78,000 net after commissions,
00:09:04and I was going, logging on to my account live,
00:09:08that's E-Trade, 66 with E-Trade, the same month,
00:09:12and then 11,600 with Ameritrade.
00:09:15When they noticed that, they said,
00:09:18and they noticed it's a strategy
00:09:20that they've never heard of before,
00:09:22they said, we gotta, you know,
00:09:25like, you gotta write a course about this,
00:09:27you gotta start teaching this.
00:09:29Separately from everything else,
00:09:31because it's a separate strategy.
00:09:35Then I started doing these videos.
00:09:37Here's the link for this video if you wanna,
00:09:39sorry about the low quality picture there,
00:09:41low resolution picture, but there's the link for it
00:09:44if you wanna look it up,
00:09:45or there's the title for the video, it's on YouTube.
00:09:48Yeah.
00:09:49There's that video.
00:09:49Would you share that in the chat?
00:09:50And so as you go through the videos,
00:09:52I'll share them in the chat.
00:09:53Yeah, yeah.
00:09:54So I started to do these videos,
00:09:56and T3 was blown away.
00:09:59And in 2019, I took this strategy to a whole new level.
00:10:03Here's one month in 2019.
00:10:05This is the best month, of course,
00:10:07I'm showcasing the best month,
00:10:09just one month worth of trading,
00:10:11and that's $300,000 worth of P&Ls in one month, okay?
00:10:16These are real P&Ls.
00:10:18Now, I'm showing you just,
00:10:21this is, I had two accounts,
00:10:23so this is actually 31,000 in one day.
00:10:27So, but this is not to let,
00:10:29this is not to tell you,
00:10:31I always get it right, I don't.
00:10:34The truth is, I don't.
00:10:35This is my second best day ever.
00:10:37These are all, you see why,
00:10:39see how the position is zero?
00:10:41Because those were all earnings plays
00:10:42that I closed out of at the open.
00:10:45Right.
00:10:46So, this is second best day ever, I think.
00:10:49But anyways, this is like one month,
00:10:51$300,000 worth of income from just one strategy.
00:10:56Actually, 2019, for me, was a crummy year.
00:10:59The first two months, I made like $86,000,
00:11:03and then I spent the rest of the year
00:11:05struggling in my day trading account,
00:11:07but luckily, the earning strategy that year was phenomenal.
00:11:12Okay?
00:11:13So, so here's the backstory.
00:11:16Here's really, truly what happened.
00:11:18Around 2010 or so, started,
00:11:21so I'm on the West Coast,
00:11:23so the market closes at 1 p.m.
00:11:26Yeah.
00:11:27I have no kids, no wife,
00:11:30so I had all the time in the world
00:11:33to spend after the close looking at charts.
00:11:37So I would pore over the charts after the close every day,
00:11:42and then around 2010 or so,
00:11:44I started noticing certain patterns
00:11:47that preceded most gaps that I came across the next day,
00:11:53like when the stock gapped up,
00:11:54I'm like, I noticed something the day before
00:11:56while I was scanning the data charts.
00:11:58Yeah.
00:11:59So that's what happened.
00:12:00Around 2010, at first, I thought,
00:12:01you know, I must be making this up, so I ignored it.
00:12:05Spent the next seven years looking into it and studying it,
00:12:08and it came to be called the earning strategy
00:12:12or the earnings play,
00:12:14but the reason why I didn't trade it,
00:12:15even though I noticed until 2017,
00:12:18I didn't start trading strategy until 2017.
00:12:20Every other strategy that I do now,
00:12:23I started trading in 2007 or 2005, so a long time ago.
00:12:28This is the only strategy
00:12:29that I only started trading in 2017,
00:12:32and the reason being is I'm not a gambler.
00:12:34I don't like to gamble.
00:12:35You put me in Vegas, I'll just go to the shows
00:12:37and check out some cool hotels and resorts,
00:12:41but I will never gamble,
00:12:42because I don't like gambling.
00:12:44I don't enjoy it, okay?
00:12:46So I didn't wanna gamble.
00:12:48Getting into the stock before the company reports,
00:12:50you're gambling, basically,
00:12:52because you never know what they end up saying.
00:12:54What if the company, the issue is blowout earnings,
00:12:59but at the same time, the CEO says, I have cancer,
00:13:02and I'm stepping down,
00:13:04and he means everything to the company, right?
00:13:07Never know.
00:13:08Yeah, and I'm glad you mentioned that,
00:13:11because I think that's where risk management comes in.
00:13:12So many times, and we've seen this in the Finsway world,
00:13:15where it's like, you get FOMO because you see screenshots
00:13:18of like, oh, I made $10,000 because I had all these shares
00:13:20or I had all these options or whatever,
00:13:21but like, one thing that I'll, you know,
00:13:23I had contracts in snow just a couple of quarters ago.
00:13:27The CEO stepped down.
00:13:29Stock straight up.
00:13:30Doesn't matter how great the quarter is.
00:13:31A CEO randomly resigns, downside.
00:13:34I ate ramen that day.
00:13:35You know what I mean?
00:13:36So like, you're absolutely right.
00:13:38It happens.
00:13:39You have to kind of have risk management,
00:13:40whether it's in poker, sports betting, trading, whatever,
00:13:43you gotta have risk management,
00:13:45because you gotta live to fight another day.
00:13:47Exactly, and initially, you know,
00:13:48when it's a new strategy,
00:13:50you don't know how to share size.
00:13:51You don't know how to manage it.
00:13:53So it took me a little while to really get the hang of it.
00:13:56That's why I didn't really take off until 2019.
00:14:00I traded the first two years,
00:14:01but it wasn't as good because I was just learning.
00:14:04It's a new strategy.
00:14:05This is the thing about trading in general, actually.
00:14:08We start trading,
00:14:09we think we're gonna make money tomorrow.
00:14:12When I first started, when I went full time in 2007,
00:14:16I thought, and I told my siblings,
00:14:18I have three siblings,
00:14:19because I was walking away from a really amazing career.
00:14:24I told them, you know, in three months, I should be good.
00:14:27That's unrealistic.
00:14:29Give me, name one profession where in three months,
00:14:32you're, you know, you're at the top of your class.
00:14:36You know, you're, it's unrealistic,
00:14:38but that's what we think.
00:14:39And so it took me a couple of years
00:14:40until I took off with this strategy, at least.
00:14:43So on the downside, I missed out on a lot of money
00:14:46by not trading it for seven years
00:14:48after noticing that pattern.
00:14:50On the upside,
00:14:51given the confirmation that the strategy works,
00:14:54it's made money in all types of markets, okay?
00:14:57Here's my big aha moment.
00:15:00I started to think, you know,
00:15:02first, what's the common catalyst
00:15:04behind all these gaps that I'm seeing, okay?
00:15:08And more importantly,
00:15:10can I be in the stock before the gap even happens,
00:15:13before the stock gaps, okay?
00:15:16Can I capture that gap?
00:15:18I was taught to trade the gap after the stock reports,
00:15:22the company reports,
00:15:23but can I actually be in it before the company even reports?
00:15:26That's what I started to think.
00:15:28And I discovered that the main reason
00:15:30why stocks were gapping
00:15:32was because they were reporting earnings, okay?
00:15:34So it was due to earnings.
00:15:37And then came the most important question of my life,
00:15:39my career, which is,
00:15:41can I use the atom or the basic unit to trade earnings?
00:15:45The atom is what the pristine,
00:15:48the whole pristine method,
00:15:49which is what I trade for a living, is based on.
00:15:54And so the picture you see to the right
00:15:55is the only complete movement
00:15:57a stock or the market can make.
00:15:59There's no other movement possible.
00:16:00It's true, there isn't.
00:16:02The entire life of a stock and or the market
00:16:04is comprised of this cycle repeated time and time again.
00:16:06It's like a wave in the ocean.
00:16:10So that's what it is.
00:16:11The cycle form is the basis for one's ability
00:16:13to predict future price movements
00:16:14based on the laws of psychology and probability.
00:16:17The cycle sometimes referred to as the basic unit
00:16:20helps the trader know the current status of the stock
00:16:22or the market as well as what's likely to occur next.
00:16:24The key to trading successfully
00:16:26is knowing where you are,
00:16:27where the stock is in its cycle.
00:16:30Because the cycle is comprised of four distinct stages,
00:16:33which in turn are ruled by four distinct emotions.
00:16:37So let me show you what a real chart looks like.
00:16:40You see it?
00:16:41So sideways, then breaks out, then tops out
00:16:45when greed becomes extreme and then fear kicks in.
00:16:48And when fear becomes panic, the stock bottoms usually.
00:16:52That's what it looks like.
00:16:53Sometimes the stock might not go all the way back down.
00:16:57And that's, you know, the apples of the world,
00:17:00the Walmarts of the world,
00:17:01they don't go all the way back down.
00:17:03So you end up with higher highs, higher lows.
00:17:05And we call that an uptrend.
00:17:08But that's the cycle.
00:17:09Stocks don't go up in a straight line.
00:17:11When they do, they eventually fall back.
00:17:14But they go up and down,
00:17:15which is what makes trading hard, by the way.
00:17:17Because, you know, you have to time your entry.
00:17:20If you get in at the top, you're gonna lose money.
00:17:22You're gonna start losing money, you get out.
00:17:24And then eventually it might go higher,
00:17:25but you'll be out of it.
00:17:27So this is how stocks move, up and down, up and down,
00:17:30all the time, okay?
00:17:32So, and that's what I know how to trade.
00:17:35So this is the cycle that I trade every day.
00:17:37Day trade, swing trade, everything.
00:17:40So I was like, can I use the earnings strategy
00:17:42or the earnings play that I just discovered?
00:17:46Can I trade it based off of this?
00:17:49Which is the only thing that I know how to trade.
00:17:51And it turns out I could.
00:17:54So if you believe that this is how stocks move,
00:17:58and I'm telling you, this is the truth.
00:18:00This is how stocks move in a cycle, in a wave, okay?
00:18:04Then by looking at this chart,
00:18:06you should already know where you should get in,
00:18:10here on the breakout.
00:18:12While the stock is moving up,
00:18:13we know that stocks correct through time or price
00:18:15by either pulling back or by basing,
00:18:19and then you get the best breakout.
00:18:20So you can play long, even after the breakout,
00:18:24the best place to get in on the breakout, right?
00:18:26And then when stock tops out, you can look to go short.
00:18:29This is stage four, it's the same as stage two.
00:18:32So you look to play short on counter rallies
00:18:35and base breakdowns on the smaller timeframe.
00:18:37I'm showing you the monthly chart,
00:18:38because the monthly chart shows the whole cycle
00:18:41is more clearly, but you can do it
00:18:44off of the daily, the weekly.
00:18:48So we know how to play it.
00:18:50Here, we call that the transition A breakout.
00:18:53On the way up, again, it doesn't go up in a straight line,
00:18:55it goes up in a zigzag fashion.
00:18:58So you play the pullbacks, you play the breakouts,
00:19:00that's stage two.
00:19:01When it tops out, you can play
00:19:03the climactic sell setup here.
00:19:05This is, transition C is the same as transition A,
00:19:07but to the downside, you play the breakdown.
00:19:10Stage four is the same as stage two,
00:19:11you play the counter rallies short,
00:19:13instead of playing the pullbacks long,
00:19:15and then the breakdowns short.
00:19:17And transition D is the same as transition B,
00:19:20you play the climactic buy setup long.
00:19:22So this is how I normally play any strategy,
00:19:28I mean, any stock is based on the basic unit,
00:19:32and I figured out a way to trade the earnings strategy
00:19:36using the basic unit.
00:19:38Now, again, T3 tasks me with writing a course,
00:19:44and it's called the earnings engine.
00:19:46It's actually, you can purchase it.
00:19:48So to do that, I analyze over 1,000 earnings gaps,
00:19:52narrowed down the system to six patterns that's repeated,
00:19:56and each has a specific criteria and checklist.
00:19:59The average earning season gives me over 200 trades.
00:20:02So every quarter, there's a six week window
00:20:08where I have 200 trades that I can take, at least.
00:20:11And so it's an amazing strategy with a lot of opportunities.
00:20:15And these are the six patterns, right?
00:20:17Transition A breakout, whatever.
00:20:20I'm gonna go over them with you quickly.
00:20:22Now, of course, this is just,
00:20:25I'm not spending as much time as I would
00:20:28if I didn't have that limitation,
00:20:31but I gotta do it.
00:20:34So quickly, this is the transition A breakout, okay?
00:20:39So here's what it is.
00:20:40Here's what it looks like.
00:20:41The stock basically, remember I told you,
00:20:44stocks usually bottom after a big gap down
00:20:46because people finally panic out of the stock.
00:20:49But the point is, the way to know the stock is bottomed
00:20:52or is bottoming is, this is a 20 MA,
00:20:55this is a 200 MA, okay?
00:20:57For reference on all my charts,
00:20:59that's what you're gonna see, the red and the blue line.
00:21:02So while the stock is in a forced,
00:21:05in a stage four downtrend,
00:21:06it's gonna be under that declining 20 MA, the blue line,
00:21:09okay?
00:21:11When it bottoms, the 20 MA will start to flatten out
00:21:14and start to point up.
00:21:16That's how you know the stock is starting
00:21:18to transition to the upside.
00:21:20It's starting to break out.
00:21:21So while I'm scanning the earnings calendar,
00:21:26I'm gonna look for stocks that are transitioning.
00:21:28But not only that, I'm also gonna look for stocks
00:21:30that have a red bar the day before earnings.
00:21:32It's important.
00:21:33Why?
00:21:34Because if the stock has a red bar the day before earnings,
00:21:38it means that investors are bearish on it.
00:21:42Or in other words, it means investors
00:21:46are not expecting a positive outcome.
00:21:50So the expectations are low.
00:21:52So imagine, you know, this is the Michael Jordan of stocks,
00:21:57but people are not, they think it's Sammy Abou Saad
00:22:00of stocks, meaning, you see what I mean?
00:22:03Yeah, yeah.
00:22:04They have low expectations for it.
00:22:06So any like, you know, if the announcement is positive
00:22:11or the company just simply meets expectations
00:22:13or doesn't miss by a lot, it should result in a gap up
00:22:17because the bar is set very low.
00:22:19So I look for stocks that are transitioning,
00:22:21that have a red bar or multiple red bars
00:22:24the day before earnings that is also at or near
00:22:28the rising 20 because I don't want it to be extended.
00:22:31I don't want it to be overbought.
00:22:32So those are kind of the three main items that I look for.
00:22:36An example of real quick that I have is of Tesla.
00:22:39I think Tesla, it was either the last,
00:22:41I think it was their last one or their second to last one
00:22:43that they reported.
00:22:44It was this year though, where I mean,
00:22:45the stock was at maybe around like 150, 160 or so.
00:22:47It was just beating down, right?
00:22:49Everyone talked about how the spice going up,
00:22:51Tesla's down, this is over.
00:22:52They got to report a killer thing.
00:22:53They got to do this.
00:22:54They got to do that.
00:22:55The earnings were kind of like, yeah,
00:22:56some people would even say their earnings were bad,
00:22:58but it was kind of like the stock was so beaten
00:23:01that they're like, all right, cool.
00:23:03You didn't kill humanity.
00:23:04The stock's going to go up.
00:23:05You know what I mean?
00:23:06He mentioned a couple of things on AI and robots,
00:23:08you know, all that stuff.
00:23:09And then it just kind of popped.
00:23:11Exactly.
00:23:12So it's what drives stocks is not their true
00:23:15intrinsic value.
00:23:17It's mostly the expectations on the street.
00:23:19If the expectations are really low,
00:23:22the stock can easily rip,
00:23:23even though it could be a garbage company.
00:23:25It could be like nothing.
00:23:27Yeah.
00:23:28So I look for stocks that have low expectations.
00:23:32How do I know they're low?
00:23:33Because people sold it the day before earnings.
00:23:36Would you sell it if you expect,
00:23:38if you're an investor or a trader,
00:23:40would you sell it the day before it's reported?
00:23:42If you thought it was going to gap up,
00:23:44if you thought the result was going to be good,
00:23:46you wouldn't.
00:23:47So you see what I mean?
00:23:48So that's the idea is I'm looking for stocks
00:23:51that are transitioning,
00:23:53that have low expectations and that are not extended,
00:23:57that are not overbought.
00:23:58And so some people would refer to this as
00:24:01inverted head and shoulders.
00:24:03I don't care.
00:24:03I just know that the 20MA is starting to flatten out
00:24:06and the stock is bottoming the day before earnings,
00:24:09prints a red bar in the area of the 20.
00:24:11I like it to stay above the 20, generally speaking,
00:24:14but in the area of the 20, the next day gaps up.
00:24:16This is TMO, okay?
00:24:19So this is the first strategy.
00:24:21I'm looking for stocks that are bottoming
00:24:24the day before earnings with a red bar at the 20, boom.
00:24:27And then I get in at the close.
00:24:29I don't even try to time my entry during the day.
00:24:32I just get in at the close.
00:24:34I actually submit a CLO order,
00:24:36which fills you at the closing price,
00:24:38or it's called a market on close, MOC order,
00:24:41depending on what platform you use,
00:24:43fill me exactly right at the close.
00:24:46And then I just carry it overnight.
00:24:48The next day, you could sell it at the open or manage it.
00:24:51There is a management method that I also had to come up
00:24:56to figure out so that when the stock is a small gap
00:25:00and it moves up, I'm not getting out at the bottom
00:25:03or at the open.
00:25:04Like these are, like this is a small gap,
00:25:07but if you held it, you could have doubled
00:25:09or tripled maybe what you would have made
00:25:11if you had just sold it at the open.
00:25:14So is there a way to manage it after the stock opens?
00:25:16Yes, there is.
00:25:17So I had to figure that out.
00:25:19Took some time, took some time.
00:25:21Yeah, I'm gonna ask you a question here.
00:25:23These plays that you're kind of going over, right?
00:25:25And we've kind of talked about this from the top as well.
00:25:28And it looks like you've got a few more patterns
00:25:30from the deck that I started to go over.
00:25:32But these plays that you're talking about,
00:25:34and I know you had kind of,
00:25:35probably provided some commentary on Micron
00:25:38and things like that.
00:25:39How are you communicating this in your newsletter?
00:25:42How do people know about what you're thinking?
00:25:44Yeah, so every day before the close,
00:25:48I mean, way before the close, I send out a newsletter.
00:25:51So in the morning, I send out a newsletter
00:25:53with the regular swings for the day
00:25:55and updated stops on the open positions.
00:25:59And then around three o'clock,
00:26:00I send out another newsletter with the earnings picks,
00:26:04with the ones that I'm picking to play for the night,
00:26:06for the day.
00:26:07So that's how people find out about it.
00:26:09And then on Monday, we do coaching
00:26:12and then go over the plays, basically.
00:26:14Does that make sense?
00:26:15That makes perfect sense.
00:26:16And I just wanna take a quick minute.
00:26:17If you guys are interested, again,
00:26:18we're gonna keep going over the patterns
00:26:19and keep talking about the different things.
00:26:21But if you wanna take advantage of this,
00:26:22we've got this Benzingo special package deal.
00:26:25You can go to t3live.com forward slash deal.
00:26:28You see on the graphic on the right hand side,
00:26:30everything that you get.
00:26:31You get, I think Amber mentioned that you also have
00:26:35another insight coming up on, I believe it's July.
00:26:37I'll take a look at the date there.
00:26:38You've got the newsletter,
00:26:39train the pristine method as well.
00:26:41And then you also get the weekly coaching sessions with that.
00:26:44And then of course you've got, thank you for that,
00:26:46the six proven patterns and kind of you go more in depth
00:26:49and the appetizer that you're kind of giving us right now.
00:26:51Thank you, Amber and Aaron for pointing that out,
00:26:53but make sure you guys take advantage of that.
00:26:54We'll continue rolling, but just want to remind the folks,
00:26:56if you want more of this,
00:26:58you go to t3live.com forward slash deal.
00:27:00All right, what is pattern C?
00:27:02And I want the chat to know,
00:27:03I promise you we can go A, B, C,
00:27:06but I'm sure there's a reason you've gone from A to C.
00:27:08I saw B comes later on,
00:27:10but talk to me about the transition C.
00:27:12Okay, so thank you, I appreciate it.
00:27:13So basically the transition C
00:27:15is the opposite of transition A.
00:27:17The stock is not bottoming, but it's topping.
00:27:20That's why I went from A to C,
00:27:21because C is the mirror image of A,
00:27:25but in the opposite direction.
00:27:26You see how the stock is topping, is rolling over?
00:27:29So it was in a stage four uptrend
00:27:31and it's starting to roll over.
00:27:32So I want a green bar, a doji bar is good too,
00:27:36at the declining 20.
00:27:38And then I want to take it short into earnings.
00:27:40Stock is rolling over.
00:27:42Investors are bullish on it
00:27:43when it's actually rolling over,
00:27:45you know, 20% gap,
00:27:46but is there a way to get out to manage it
00:27:48so that you don't get out of it at the top?
00:27:51And then, you know, this was a 20% gap.
00:27:54If you held it all the way to the top,
00:27:56it became a 5% gap in your favor.
00:27:58So you have to figure out a way to also manage it.
00:28:01But that's why I went from A to C.
00:28:03So it's a good point.
00:28:05Okay, so that's transition C.
00:28:06Now B and D is when the stock is basically
00:28:09either running up into resistance or trendline resistance
00:28:12or falling hard into support.
00:28:15So those are the same, but, you know, long and short.
00:28:18So this is actually Cisco, the food stock, SYY,
00:28:21runs up for four months into weekly resistance,
00:28:26into earnings.
00:28:27So the expectations were way too high
00:28:29and it was running up into resistance,
00:28:30extended on the chart, that's a short.
00:28:33Running up into trendline resistance
00:28:35on a bear stock.
00:28:36So investors are bullish on a bear stock.
00:28:38That's a short into earnings.
00:28:40You see what I mean?
00:28:41Yeah.
00:28:42So the idea is you pretty much do the opposite
00:28:45of what most people are expecting.
00:28:47That's what I'm doing.
00:28:49I'm mostly doing the opposite,
00:28:50but I'm not doing it on, you know,
00:28:52like I'm not trying to short strong stocks.
00:28:54I'm shorting stocks that are either topping out
00:28:57or that are really weak,
00:28:58but investors are bullish on them, okay?
00:29:01So this stock was actually just turning the corner,
00:29:05like just starting to break out
00:29:07and then fell really hard into earnings.
00:29:09That's a loan, not a short.
00:29:11You wanna know what symbol this is?
00:29:12This is WWE.
00:29:14It went to 85 bucks after this gap.
00:29:17How that stock is still active, I have no idea.
00:29:19How that, I don't know.
00:29:20Great job to WE, side note, love it.
00:29:24So anyways, so, you know, that's the idea.
00:29:27That's transition B.
00:29:28This is one of my favorite patterns
00:29:32and it's called the unfilled gap.
00:29:33So the idea behind it is it's the same thing.
00:29:36You're looking for a weak stock
00:29:38that investors are bullish on ahead of earnings,
00:29:41but has an unfilled gap.
00:29:43You see that the unfilled gap is that hole
00:29:45that you see in the chart
00:29:46where the stock wasn't able to rally back up into that area.
00:29:51That tells you there's something wrong with it.
00:29:53It gapped down and didn't get bought at all, stayed weak.
00:29:58And then four green bars up into resistance, into earnings,
00:30:01I'm shorting that stock.
00:30:03Now, again, I don't get it right all the time.
00:30:05I get it wrong quite often too,
00:30:07but I've also figured out a way to manage
00:30:09so that if I get it wrong,
00:30:10I'm not gonna get hurt that bad.
00:30:13And then in the long run,
00:30:16this strategy, I believe, made more money
00:30:17than any and all strategies combined,
00:30:20like maybe more than all of my other strategies combined
00:30:23for the same time period.
00:30:25So it's truly my favorite strategy.
00:30:29This is Columbia Sports.
00:30:30I don't know, 11 green bars in a row into all that resistance
00:30:36with an unfilled gap above.
00:30:38Oh my God.
00:30:38That's like, I'm shorting that every day,
00:30:42twice on Sunday, if I could.
00:30:45Can you go back?
00:30:45Can you go back?
00:30:46So this one here,
00:30:47and you tell me what you think about this one.
00:30:49I've always heard, you know,
00:30:50yesterday we talked about how, look, the bars tell a story.
00:30:52They tell the human psychology of things.
00:30:54And to me, that big red candle right there is,
00:30:56hey, everyone that was losing money,
00:30:58but didn't sell,
00:30:59they were waiting to come back and break even.
00:31:02And then they would get out and say, you know what?
00:31:04Woo, I broke even, I'm out.
00:31:06I don't wanna deal with the stress anymore.
00:31:08And therefore you might get more resistance
00:31:10because of the human psychology of,
00:31:12boy, I was down 20%.
00:31:14I'm just happy to be break even.
00:31:15I'm okay.
00:31:16I'm getting out of here ASAP.
00:31:17100%.
00:31:18And then the next day,
00:31:20you know, the stock gaps from 37 to 32,
00:31:22that's five bucks, almost 20%.
00:31:25Yeah.
00:31:25So, you know, it's just,
00:31:26this is what you wanna do short into earnings.
00:31:29Yeah.
00:31:30It just is.
00:31:31Okay.
00:31:32I know you're a big guy.
00:31:33I know, sorry,
00:31:34and I just wanna provide,
00:31:34gonna continue providing value on what Sammy is thinking
00:31:37when he's kind of trading these setups.
00:31:39And I know you and I talked about stop losses,
00:31:41and we just talked about managing risk as well.
00:31:43We know we don't go crazy on a position, right?
00:31:46Because my best philosophy,
00:31:47even when I sports bet,
00:31:48is if I'm checking the score of a game a little too much,
00:31:51if I'm checking a stock a little too much,
00:31:54I've risked too much, right?
00:31:56That's how I know that I've kind of increased
00:31:59more than my appetite,
00:32:00gonna kind of handle.
00:32:01How do you determine your stop?
00:32:02How do you kind of handle your risk?
00:32:05There's no way to know in advance
00:32:08how much the stock is gonna gap.
00:32:09Right.
00:32:10But here's what I know.
00:32:11I have over 5,300 gaps tracked,
00:32:15earnings gaps tracked since 2017.
00:32:18Every call that I make publicly
00:32:20that I send out to subscribers is tracked.
00:32:25So every single one of them.
00:32:27So I know that the average gap is 6%.
00:32:30It's actually 6.3%.
00:32:33So I know that on average,
00:32:34my risk is only 6%, 6.3 on average.
00:32:38Sometimes the gap will go,
00:32:40the stock will go against me by 1%,
00:32:42sometimes by 20.
00:32:43But I know on average it's 6%.
00:32:45If you know that it's 6%,
00:32:47now you know how to share size.
00:32:49Because you know your risk is 6%.
00:32:52So if you wanted to do a hundred shares,
00:32:56a hundred dollar risk,
00:32:58then you take a hundred dollars divided by 6%,
00:33:02which would give you $6,600 worth of shares
00:33:07that you have to buy.
00:33:09So now I go over the detail and the math
00:33:13in the earnings engine seminar.
00:33:16This is not the time to do it
00:33:17because it doesn't get complicated,
00:33:20but you have to follow along
00:33:22and see how the calculation is done.
00:33:26So, but yeah, but that's how I know how to share size
00:33:30because I know that the average gap is 6.3%.
00:33:34So on average, I know what I'm risking.
00:33:36Okay, this is the fifth pattern
00:33:38and it's called the pullback.
00:33:39And it's actually, it's like the staple,
00:33:43this is the main pattern
00:33:44because it's not easy to find stocks
00:33:47that are transitioning or topping out.
00:33:49And that's what the transition A, B, C and D are.
00:33:53You're trying to find stocks
00:33:54that are either bottoming out or topping out.
00:33:57That's not, the vast majority
00:33:59are gonna be trending up or trending down.
00:34:00They're not, they've already bottomed
00:34:02or topped out a long time ago.
00:34:04So this is the main, main pattern actually.
00:34:07And the idea behind it is I wanna find a strong stock,
00:34:11really strong stock with weak expectations,
00:34:15low expectations amongst the investors
00:34:17that's at or near the 20MA, that's it.
00:34:20Simple, as simple as it gets.
00:34:22So the day before earnings, I get in it
00:34:24and then I'm expecting a gap up.
00:34:27So, but that's basically what it is,
00:34:29strong stock that's pulled back to the 20,
00:34:32the day before earnings.
00:34:33And these are like picture perfect patterns,
00:34:35tell you the truth.
00:34:36They don't all, I can't always find picture perfect plays,
00:34:40but the beautiful thing about earning season
00:34:43is that you have so many companies reporting
00:34:45every single day.
00:34:46Like some days we have 400 companies reporting.
00:34:50Can you find a few, like two, three, four, five good ones
00:34:54out of 400?
00:34:55You sure can, most days, okay?
00:34:59Whereas the rest of the year,
00:35:02you can still find good plays here and there,
00:35:05but the list is very small.
00:35:08It's not that you have to pick from.
00:35:09So it's not as lucrative.
00:35:11So I thought, honestly, once I'm ready to retire,
00:35:14I don't know when that is,
00:35:16but that I would only trade those six week periods
00:35:20because it's just easy.
00:35:22You come in at the close,
00:35:24figure out which ones you wanna buy,
00:35:26you buy and then the next day you either sell at the open
00:35:29or manage them.
00:35:30Now, I will talk about management, but not today
00:35:34because it takes a little bit of time to go over.
00:35:37But anyways, that's the idea.
00:35:39You have a really strong stock
00:35:41that the day before earnings came in.
00:35:44That tells me people are bearish on it.
00:35:46So that's the idea behind it, basically.
00:35:50That's the pullback pattern.
00:35:51Sometimes the pullback, I'll show you in just,
00:35:53oh, and then this is the pullback, but to the downside,
00:35:57meaning the stock is bearish and then counter-rallied
00:36:01to the declining 20.
00:36:03You see what I mean?
00:36:04So it's bearish and then investors are bullish
00:36:06on a bearish stock.
00:36:07That's a short.
00:36:08That's not a long, that's a short.
00:36:10Okay?
00:36:11Now, this is beautiful
00:36:13because you can see the four-stage cycle easily.
00:36:15You can see that it was stage one right here,
00:36:18then transitioned and broke out,
00:36:19now stage two and now stage four.
00:36:21And yet, look at this, people bought it.
00:36:23One, two, three, four, five, six, seven, eight or nine
00:36:26green bars in a row into earnings,
00:36:29into the declining 20 on a bearish stock.
00:36:32So people are really bullish on the stock
00:36:34when it's really bearish.
00:36:35And you can see that it's in a stage four downtrend.
00:36:39So that's a short.
00:36:40I mean, doesn't get much better than this.
00:36:42That's picture perfect, totally.
00:36:44With an unfilled gap, partially unfilled.
00:36:47So amazing.
00:36:48And then sometimes you get like a double bottom,
00:36:51not just a pullback, but you get,
00:36:53so it's the same as the pullback, but with a retest.
00:36:55So it's like the W pattern, okay?
00:36:57Or the M pattern if it's a short.
00:36:59So you get the initial counter-rally,
00:37:03it retests it and it's into earnings, that's a short.
00:37:06But anyways, here's the final pattern.
00:37:10And then I'll give you my checklist.
00:37:12It's still during stage two and stage four,
00:37:15the uptrend and the downtrend, but stocks, again,
00:37:17sometimes they pull back, sometimes they go sideways.
00:37:19This is a base breakout.
00:37:21So you have a stock that's actually basing into earnings.
00:37:25That's a long.
00:37:26If it's really bullish and it does not big green bars,
00:37:29has either red bars or narrow range bars, that's a long.
00:37:33And then the next day you get the gap up.
00:37:34This is picture perfect, totally.
00:37:38Okay.
00:37:39Now, for the gap ups, you like to just sell at the open
00:37:41or do you kind of say, hey, I'm gonna sell a little bit now.
00:37:44Like say, let's say for example, right?
00:37:46I've got a hundred shares.
00:37:48It opens, gaps up in my favor, cause I'm long.
00:37:52Do you personally, your positions, right?
00:37:54How do you manage it?
00:37:55Do you just sell a hundred right at the open?
00:37:56Do you say 50, then the next level?
00:37:58How do you play it?
00:37:59I don't.
00:38:00What I do is I wait for the first five minute bar to close,
00:38:03the 9.35 bar, and I put my stop under the 9.35 bar.
00:38:07And then as long as my stock is not taken,
00:38:10then I stick with the position until the end of the day.
00:38:13It's like FedEx.
00:38:14Remember I said, keep it, keep the back half
00:38:17until the end of the day, because it starts to trend up
00:38:19and it's exactly what happened.
00:38:20It didn't end up moving all that much,
00:38:22but basically I wait out the first five minutes.
00:38:25I don't do anything in the first five minutes
00:38:27on 90% of all gap trades.
00:38:30Yeah.
00:38:31And then I put my stop under the 9.35 low,
00:38:34as long as that stock doesn't get taken out.
00:38:36If it gets taken out, I'm out.
00:38:38If it doesn't, then I look to hold it
00:38:40until the end of the day, basically.
00:38:41Well, there you go.
00:38:42FedEx, five minute chart, first five minutes,
00:38:45that's the low, never broke it, and it marched on highs.
00:38:49So it makes sense, cause if you would have sold here,
00:38:50again, this is hindsight,
00:38:52but you just said what your strategy is.
00:38:53So you're kind of repeating it mechanically,
00:38:56no matter how you're trading it.
00:38:58And of course we close at approximately 2.16% higher.
00:39:01That's 600 bucks if you had just 100 shares.
00:39:04So it makes sense, I like that.
00:39:06Yeah.
00:39:07Real life example, by the way, on yesterday.
00:39:08Yeah, from yesterday, we traded it live.
00:39:11So we said, you know, the stock is basing
00:39:15and it's in a stage two uptrend into earnings.
00:39:18I'm gonna look to play it long.
00:39:19Well, the same thing if it's basing
00:39:22and it's in a stage four downtrend,
00:39:24but in this case, I'd wanna play it short.
00:39:26Declining 20, people bought it into earnings,
00:39:30and then you have a breakout failure, that's a short.
00:39:34That's a short, that's a short, that's a short.
00:39:38So that's the idea, is if it's in a stage four downtrend
00:39:41and the stock starts to base into earnings
00:39:43that's not extended, either narrow range bars or green bars,
00:39:47I'm gonna short it.
00:39:48Now here's the three-step process
00:39:51for the pullback plays for longs.
00:39:55So I want the specific type of trend in place,
00:39:58mostly just an uptrend, but it could be a transition
00:40:01depending on the chart.
00:40:03And then I want momentary panic selling
00:40:05before the earnings report comes out.
00:40:07This increases the probability of a gap up the next day
00:40:10because the expectations are really low.
00:40:12People sold it ahead of earnings.
00:40:14And I want that panic selling to happen at the rising 20.
00:40:17So here it is.
00:40:18Step one, I want a bullish stock, bullish uptrend.
00:40:23That's a bullish uptrend.
00:40:24We can't argue about that.
00:40:26Stock is going up.
00:40:27That's a bullish uptrend, okay?
00:40:30I want the panic selling to form
00:40:33and I want it to form at or near the rising 20.
00:40:36That's three red bars in a row at or near the rising 20.
00:40:40That's people selling it ahead of earnings
00:40:43on a bullish stock.
00:40:44That's a mistake.
00:40:45I'm gonna capitalize on that, okay?
00:40:48Next day the stock gaps up and I'm gonna,
00:40:51you know, initially I used to sell at the open
00:40:53but now I know better, so I manage it.
00:40:56This was SC, okay?
00:40:57That's the P&L for it.
00:40:59Yeah.
00:41:00This is, and these are not the biggest gaps
00:41:02but I'm just showing you, I'm showing you the strategy.
00:41:05So the three step process is I want a bullish uptrend.
00:41:08I got a bullish uptrend.
00:41:10The second thing is I want panic selling.
00:41:12I got it.
00:41:12And the third thing is I want it to be at
00:41:14or near the rising 20.
00:41:16And I want obviously the stock to be reporting
00:41:18after the close or the next day before the open.
00:41:20So you have to download the earnings calendar
00:41:22and there's different sources, different websites.
00:41:25The best thing to do is to get it from a couple sources
00:41:28and then merge it together.
00:41:30So this way you have, because, you know,
00:41:32like I use Finviz, I use Earnings Whispers,
00:41:34I use, you know, a couple other sources
00:41:37and they don't all have the complete list.
00:41:40So it's crazy.
00:41:41So I have to, you know, I usually download it
00:41:43from a couple of places and then I merge
00:41:45the earnings calendar together
00:41:47to have the most complete list.
00:41:48So I got the uptrend, I got the panic selling
00:41:51and I got the panic selling to happen at the 20 MA.
00:41:54Next day, of course, gaps up.
00:41:56And then, you know, that's the money.
00:41:59Notice again, I mean, that's more than 50%
00:42:02of the players probably lost money the next day
00:42:04or about 50%.
00:42:05So I don't get it always right.
00:42:07But two things, the winners are usually bigger
00:42:10than the losers for me, okay?
00:42:13The other thing is I've discovered how to manage
00:42:15the earnings plays.
00:42:16So that adds also to the pot.
00:42:19And so even though, you know, that's 50% probably losers,
00:42:2350% winners, I still ended up with $6,200 on the day,
00:42:27which is pretty good.
00:42:29Okay, so now, you know, the three-step process for shorts,
00:42:35I'm looking for a specific type of downtrend to be in place.
00:42:38I'm looking for a bear stock.
00:42:40I'm not shorting a bullish stock, basically.
00:42:43And I want panic buying before the earnings report,
00:42:46which means people are bullish on a bear stock.
00:42:49That's a mistake.
00:42:50I'm gonna capitalize on it.
00:42:52And I want that panic buying to happen
00:42:55at the declining 20MA.
00:42:57So give you an example.
00:42:58And I picked GME because we know all about GME now.
00:43:03This is an old chart, but I just, for fun,
00:43:06I wanted to show you what I did with the GME
00:43:09a couple of years ago.
00:43:10So stock was in a real bearish downtrend.
00:43:13People were buying it the day before earnings
00:43:16into the declining 20.
00:43:17Next day, of course, a gap down.
00:43:19So the bearish downtrend,
00:43:21the panic buying into the declining 20.
00:43:24Next day, the stock gaps down.
00:43:26I traded with like 20.
00:43:29No, so that's $10,000, slightly more.
00:43:33It made 4,200 bucks on $10,000 in the play, okay?
00:43:39So that's GME.
00:43:41Here's my, I think my biggest play ever
00:43:45when it comes to earnings plays, at least,
00:43:46because I try to not risk that much
00:43:49because I don't know how much it's gonna gap.
00:43:51I know on average, it's 6%, 6.3.
00:43:55But this play, you might look at it if you,
00:43:58to the untrained eye, this is,
00:44:00this chart looks just like any other chart.
00:44:02Doesn't look that good, but it looked really good to me.
00:44:06So take a look.
00:44:07You got the unfilled gap,
00:44:08which I told you earlier is amazing.
00:44:11Tells you the stock is really bearish.
00:44:12If there's an unfilled gap above current prices,
00:44:16if there's an unfilled gap below current prices,
00:44:18it tells you the stock is bullish.
00:44:20So I see that the stock gapped down a massive amount
00:44:22and was never able to rally back up and close the gap.
00:44:27That's a sign of bearishness.
00:44:28The second thing I see,
00:44:30that I see a breakout on huge volume.
00:44:34And did the breakout work?
00:44:37It did not.
00:44:38So after this big volume,
00:44:4120 million shares or so, or more than 20,
00:44:44and it wouldn't work.
00:44:45So that tells me there's something wrong with the stock.
00:44:48So breakout failure.
00:44:50And I see that, you know, now I have kind of a rounded top.
00:44:53So it's a big base with a breakout failure, right?
00:44:57With an unfilled gap and people were buying it,
00:44:59panic buying into earnings, into the declining 20.
00:45:04So this one, you know, wasn't a huge gap,
00:45:07but it's made almost $22,000.
00:45:1021,923.
00:45:13Notice on the PBYI, I lost 10K.
00:45:16Yeah.
00:45:17Almost 11.
00:45:18On the SIEN, I lost 8,600 bucks.
00:45:20So Yelp, I lost 5,000.
00:45:22So again, I don't get it right all the time.
00:45:25I get it wrong half the time almost,
00:45:28but I know how to make money still,
00:45:31even while getting a lot of the plays wrong
00:45:34because I've discovered how to manage basically
00:45:37the earnings plays so that they're, you know,
00:45:39they're much bigger than the losers.
00:45:41And so that's, you know, that CNDT,
00:45:43again, made almost 22K on it
00:45:46because I just loved that chart.
00:45:49Yeah.
00:45:50So, you know, that's the strategy.
00:45:52I go in depth when I teach the course,
00:45:56the earnings engine course.
00:45:57I go in depth when I do the coaching,
00:46:00the sessions every Monday, you know,
00:46:03so, but this is kind of what it is.
00:46:06Now, again, initially I was worried
00:46:08people would copy my strategy and it would stop working,
00:46:12but I'm not too worried.
00:46:13I'm not too worried.
00:46:14I've been teaching what I do for,
00:46:17I started, I became lead moderator for Pristine in 2010.
00:46:22So I've been teaching for 14 years as a lead mod.
00:46:26So, and the strategies never stopped working.
00:46:29Yeah.
00:46:30And, you know, what's the saying,
00:46:32happiness shared is doubled, or, you know,
00:46:34what you put out is what you get back.
00:46:36Happy to share it with you.
00:46:38I hope you benefit from it, whether you join me or not.
00:46:41Happy to share this with you.
00:46:42And, you know, I wish you all the best with your trading.
00:46:45Yeah.
00:46:46I'm gonna share my screen here in just a second,
00:46:47but I wanted to kind of get a couple of questions
00:46:49in that the chat had, if you're okay with it.
00:46:51Elon, if you're still with us,
00:46:52I know you were looking for this one.
00:46:54Is, hey, Sammy, is this swing after earnings strategy,
00:46:59regardless of the long-term trend of a stock?
00:47:01Cheers.
00:47:02Hopefully that question resonates with what he's asking.
00:47:04Yeah, so, no, it's not,
00:47:06I'm not going against the long-term trend of the stock.
00:47:09I'm mostly going with it.
00:47:11So this was a short, right?
00:47:13This is, like I said,
00:47:14probably my biggest earnings play ever.
00:47:17The stock is in a downtrend.
00:47:19So I'm going with the trend, not against it.
00:47:22Yeah.
00:47:23The only time I go against it
00:47:24is when it's going climactic into earnings,
00:47:26and I rarely do that.
00:47:28I rarely do it.
00:47:29But most of the time,
00:47:30I'm going with the trend, not against it, okay?
00:47:32Got it.
00:47:34One last point.
00:47:35Yeah, please, go ahead.
00:47:36I am going against the short-term momentum,
00:47:38the panic buying.
00:47:39So it could be moving up the day before earnings
00:47:42or a couple days before earnings, yes,
00:47:44but I'm not going against the long-term trend.
00:47:47Next question, please.
00:47:48Gotcha.
00:47:49Let me go ahead and bring the next one.
00:47:50So you talk, and I had one, actually.
00:47:53You mentioned how you're trading a bunch of different,
00:47:56you know, a bunch of different companies.
00:47:57Are you kind of taking the same position sizing
00:47:59and like, hey, I know my risk is 6%, 7% every single time,
00:48:02or does it kind of depend on the chart
00:48:03that you may kind of alternate it?
00:48:05What's the thought process there?
00:48:07So it is best to take the same position in every play
00:48:14because if you start messing up with the share sizing,
00:48:19you know, you're not gonna,
00:48:21now it's not, it's hard to track
00:48:23because now you're risking $100 on this stock,
00:48:26$1,000 on that stock,
00:48:27and it's gonna mess up your psychology.
00:48:30So it's best to actually share size
00:48:34the same amount for every stock.
00:48:37Now, after a while, you start to notice that,
00:48:40wait a second.
00:48:41Yes, I'm supposed to have the equal sizing on all plays,
00:48:46but this play is like, this is a once in a life,
00:48:48I mean, this is like so good.
00:48:51Can I cheat a little bit and oversize it?
00:48:53Yes, you can.
00:48:55But initially, you know, learn the rules,
00:48:57then you can learn how to break them.
00:49:00And I feel like tracking is a big part of that
00:49:01because you just mentioned like five different patterns.
00:49:03You have a different types of plays as well.
00:49:04And you gotta track where it's like,
00:49:06hey, based on these type of plays,
00:49:09I've noticed that my profit is typically 2% higher.
00:49:12So I'm okay risking maybe 2% more, right?
00:49:15So you have to have a very business-like decision
00:49:19that you go ahead and make is kind of how I'm seeing it.
00:49:22Exactly, exactly.
00:49:24And again, so, you know, Chad,
00:49:25here's where we kind of show you, you know,
00:49:27how you can get involved,
00:49:28how you can go ahead and kind of get some insights.
00:49:30And I know I've got a couple of different slides
00:49:33you're showing.
00:49:33I tried to change that, but I wasn't able to.
00:49:34So here's what I wanted to kind of quickly go over, right?
00:49:37Is the strategic swing trader newsletter,
00:49:40where you go ahead and get your top swing ideas
00:49:43every single morning, the entries and exits.
00:49:45This is really cool.
00:49:45It's kind of listed down to the penny.
00:49:47And here's the thing,
00:49:48and I'm actually gonna go ahead and buy this course myself,
00:49:50and I'll explain why I'm doing it.
00:49:52I'll explain how it's my money
00:49:53and all that here in a second.
00:49:55But my biggest thing, and I live a very busy life,
00:49:57or at least I like to tell myself that I live a busy life,
00:49:59is I don't have time to kind of do the research,
00:50:03to be like, hey, which stocks are in play?
00:50:04Hey, where'd my stop be?
00:50:05Where would that be, right?
00:50:06I want kind of someone to be like, hey, here's the idea.
00:50:08Then I can say, you know what?
00:50:10I see what Sammy is seeing.
00:50:11I can make my own educated opinion
00:50:13based on what you're kind of putting out.
00:50:15So you've got the newsletter,
00:50:17it includes the entries and the exits
00:50:18listed down to the penny.
00:50:20And of course, you have the live coaching
00:50:22every Monday as well.
00:50:23And of course, if life gets busy, you go on date night,
00:50:25you can go in and watch the recording as well.
00:50:28So that's something that's kind of really cool.
00:50:30And then of course, you also have 200 plus ideas
00:50:33that you mentioned.
00:50:34And this is really key to me
00:50:35because you're kind of spreading out your risk,
00:50:38you're kind of spreading out
00:50:39and diversifying your strategy as well.
00:50:41You're not saying, okay, you know what?
00:50:42If I'm gonna make money,
00:50:43it's gotta be on four of these period, no matter what.
00:50:45So I love the fact that you have a lot of plays,
00:50:48your emotions are kind of taken out of it,
00:50:50and you say, okay, cool.
00:50:51This is working with my risk appetite.
00:50:52It kind of works out.
00:50:54And then of course, you've got that set and forget.
00:50:56The fact that you kind of take mechanical aspects to it,
00:50:59where it's like, hey, first five minute candle, got it.
00:51:01If it breaks this, I'm out.
00:51:02I think that's lovely,
00:51:03because then there's no, hmm, what do I do here?
00:51:06You already know.
00:51:07It's what you've been doing for quite some time.
00:51:09So that's kind of something
00:51:10that's really neat there as well.
00:51:13So one year of the Strategic Swing Trader Newsletter,
00:51:17typically it's about 12.95.
00:51:18But of course, because of this webinar here,
00:51:20and because you're joining us here on the Benzinga side,
00:51:22you can go ahead and get this one for 6.95, right?
00:51:25So you've got that discount there.
00:51:26And that's not just a one month price.
00:51:27Just wanna be very clear.
00:51:28This is for 12 months.
00:51:29So that means, if I do the quick math,
00:51:31and I hope I really did it right,
00:51:32my mom wouldn't be proud.
00:51:33That's for earning cycle that you can take advantage of,
00:51:35especially, there's a reason we're doing this webinar
00:51:37here at the end of June,
00:51:38because in about two weeks,
00:51:39you're gonna have earning season kick right back up.
00:51:42And then you're gonna have all those companies reporting,
00:51:44and you wanna take advantage of it.
00:51:46And this is a great way to kind of do that there as well.
00:51:49Now, obviously, there's a lot more.
00:51:51You can see it on the screen
00:51:51that we have for you guys as well.
00:51:53So the first thing is you also get the legendary trading,
00:51:56the pristine method course as well.
00:51:58And this is what typically is about 800 bucks.
00:52:00You're getting, give me a quick little insight
00:52:02on what this is.
00:52:03And what can folks expect from this?
00:52:04If you can give me a quick 60 second breakdown
00:52:06on what it is.
00:52:07100%.
00:52:08So trading the pristine method is the foundation.
00:52:12It teaches you how to take advantage of that basic unit
00:52:15or the atom that I told you about
00:52:16at the start of the webinar.
00:52:18So it goes in depth.
00:52:20It teaches you the most common,
00:52:22why stocks move the way they do,
00:52:24and the most common patterns that form,
00:52:27because it's all based on group psychology.
00:52:28So they form and they keep repeating,
00:52:31and how to take advantage of them.
00:52:32So it's truly a goldmine.
00:52:35People just don't know it,
00:52:37but it teaches you how to read charts
00:52:40and how to take advantage of charts,
00:52:42of price action objectively.
00:52:44And then you can apply the pristine method
00:52:46to every tradable instrument, whether you trade.
00:52:49I apply the pristine method to crypto.
00:52:52I trade crypto actively.
00:52:53Bitcoin and Ethereum and Solana.
00:52:55So you can apply it to anything that is bought and sold
00:52:58in an open market.
00:53:00And it just teaches, and any timeframe,
00:53:03day trading, swing trading, core trading, long-term trading.
00:53:06So that's what the TPM,
00:53:08or the trading the pristine method course is about.
00:53:11Got it.
00:53:11And Jay's life, I think you had a question.
00:53:14Jay's life talked about, hey,
00:53:15how can we kind of make sure that the benefit is there
00:53:17in terms of the pricing and all that stuff?
00:53:19So Jay, I saw your question.
00:53:20I promise I didn't ignore it.
00:53:21I promise you I will get to it
00:53:22as I kind of move along here as well.
00:53:25Now, you get that, right?
00:53:26Again, typically 800 bucks,
00:53:28but it's included in the 695 offer that we have for you.
00:53:32Joining this webinar here with Benzinga,
00:53:34which I appreciate you guys.
00:53:35And of course, the additional thing that you get
00:53:37is what Amber mentioned in the chat.
00:53:38Sammy talked about it as well.
00:53:40And it's the live earnings engine class
00:53:43where you dive deep into everything
00:53:45that you mentioned here already.
00:53:46Kind of, you know, the appetizer.
00:53:48You now get the whole shebang on the 13th
00:53:51if you go ahead and join.
00:53:53And you also get the six proven earnings setups.
00:53:55You kind of dive in a little bit deeper
00:53:57into how that's gonna play out.
00:53:58And that is also included in the 695 purchase as well.
00:54:01So just to kind of recap it,
00:54:03we talked about a lot of things.
00:54:05Typically 1295, you get one year of Sammy's newsletter,
00:54:07which I think is great.
00:54:08Just to have someone send in your inbox,
00:54:09hey, here are the plays that I'm looking at.
00:54:11Here's the stop losses.
00:54:12Here's the targets.
00:54:13And here's why I like it
00:54:14in terms of which setup it goes with.
00:54:16That's great to see.
00:54:17And you can kind of track it yourself as well.
00:54:19And then you also get the pristine method course,
00:54:21which you can go ahead and look at any time that you want.
00:54:23And then of course, the biggest value to me
00:54:25is personally also the earnings engine course
00:54:28because that's live.
00:54:29We get to kind of see what is happening in the markets today.
00:54:32Not last week, not last month, not last year.
00:54:35It is what's happening today.
00:54:36And Jay, you kind of mentioned about the money aspect of it.
00:54:38And here's my biggest thing,
00:54:40is a 30 day money back guarantee.
00:54:43We mentioned how, you know, to me,
00:54:45any company that doesn't provide like a refund
00:54:47on something that they should,
00:54:49not something that I would kind of trust.
00:54:51It's just me as a consumer, right?
00:54:52So the fact that you're like,
00:54:53hey, you get these discounted prices,
00:54:56you get a chance to go ahead and take advantage of this.
00:54:58But if you're not happy,
00:55:00then we go ahead and get you the money back.
00:55:02And now maybe T3 will hate me saying this,
00:55:03but look, I am a consumer.
00:55:05I am Brown.
00:55:05This is how I think.
00:55:07Check out the course.
00:55:08It's 700 bucks.
00:55:09You get 30 days to see if you love it or not.
00:55:11You get a chance to be a part of the engines course.
00:55:13See if you like that.
00:55:15You get a chance to see Sammy's newsletter.
00:55:16I know people in the chat were like,
00:55:17hey, what's Nike gonna do?
00:55:19What's this gonna do?
00:55:20What's that gonna do?
00:55:21You get a chance to get insight.
00:55:22Did you send out any information on like Micron
00:55:24or any tickers or anything like that?
00:55:26Or what did you have?
00:55:27No, Micron, yeah, I stayed away.
00:55:29Remember we talked about it.
00:55:30I wasn't gonna do it.
00:55:31Yeah.
00:55:32That's perfect.
00:55:33Yeah.
00:55:34So that's the thing where it's like,
00:55:35hey, there's some things that you may wanna trade it
00:55:37because you're like, oh my God,
00:55:38the world is talking about it.
00:55:39How do I get in on this?
00:55:40But it may not be the best setup that you have.
00:55:43So why risk it?
00:55:44Because again, we don't really try to get in
00:55:46just to get in because others are.
00:55:48We do it because the best setups are there themselves.
00:55:50And I think, like I said, this is the best part about it.
00:55:53You can join Sammy for 30 days as earnings season heats up.
00:55:57Again, the second half of July,
00:55:58but you also get to take advantage
00:56:00of the earnings engine live conversation
00:56:02that you'll be having as well.
00:56:04So we talked about everything that we have to offer.
00:56:06Now we'll kind of take a look at what previous students
00:56:08of Sammy has said.
00:56:09The coolest thing is that you mentioned your co-moderator
00:56:13was someone who learned from you and now has joined you
00:56:16and has been able to kind of make money for a living
00:56:19doing this as well.
00:56:20Conversation, or I guess a feedback here
00:56:22from a guru from Boston.
00:56:24If I could rate Sammy a hundred times greater
00:56:25than exceptional, that would be not sufficient enough.
00:56:29What kind of, what do you think people like kind of love
00:56:33about everything that you're sending out?
00:56:34Is it the fact that, hey,
00:56:35your information is easy to digest
00:56:37or like what's kind of the big value you would say
00:56:39to folks that are giving such great reviews to you?
00:56:44I appreciate it.
00:56:44Thank you.
00:56:45But really, you know, the thing is I'm not like,
00:56:49I'm not like one of those that always telling you,
00:56:53selling you stuff in hindsight.
00:56:55You know, like you get the plays ahead of time.
00:56:58The newsletter that you get every single day,
00:57:01that's plays that haven't even triggered yet.
00:57:04The earnings plays, that's not,
00:57:06I'm not showing you my P&Ls and telling you,
00:57:08oh, this is what I did.
00:57:09I'm telling you what I'm about to do.
00:57:11So people appreciate that.
00:57:13I used to do, you know, like webinars or, you know,
00:57:17live streams with other educators.
00:57:20And my goodness, it gets annoying after a while
00:57:23that you're constantly hearing them say,
00:57:26oh, you could have done this.
00:57:27You could have done that.
00:57:28This is what I did.
00:57:29It's all with hindsight.
00:57:30Bro, tell me what I'm, what I can do next.
00:57:33Not what I already did.
00:57:35What you already did, you claim you did
00:57:37and they show you no proof at all.
00:57:40And so I actually used to show my P&Ls
00:57:42every single week on YouTube,
00:57:45but then I became a director with T3 Live
00:57:47and so for just compliance and safety, you know,
00:57:51to be sure they told me, okay, stop, please.
00:57:53Even though I was making a ton of money,
00:57:56but that's the reason.
00:57:57But I was actually showing my P&Ls on a weekly basis.
00:58:01Remember I showed you that video that I did
00:58:03because that's what I was sharing
00:58:05with the students every single week.
00:58:07And then, but again, I was promoted
00:58:09to be a director at T3.
00:58:11So for just compliance and to be on the safe side,
00:58:14I said, okay, maybe shouldn't do that anymore.
00:58:18Yeah, yeah.
00:58:19Yeah, you know, you gotta make sure
00:58:19and that's why we show what we had in the beginning.
00:58:22And, you know, I'm trying to share a screen,
00:58:23but I want to make sure
00:58:24none of my private information is on here.
00:58:27Give me one second.
00:58:28Let me take a look at it and I promise I will.
00:58:31But let me, let me kind of go through this.
00:58:32And then Jay, Amber, I think is still in the chat.
00:58:34So Amber, if you could provide your email,
00:58:36I think if I had to guess it might be,
00:58:37I don't know, ambert3life.com, I don't know,
00:58:39but look at that, see genius.
00:58:42But yeah, no, Amber, you know,
00:58:44she can go ahead and reach out to you
00:58:45or she can provide her information there
00:58:47and kind of moving along as well.
00:58:49You've got, I think the coolest part is that
00:58:50no matter where you are in the world,
00:58:52I know we have some folks from outside the U.S.
00:58:54If you can go ahead and trade stocks,
00:58:56if you can go ahead and get involved
00:58:57in the financial markets in the U.S. side,
00:58:59this is something that's kind of beneficial for you.
00:59:01And then the patience I think that you have is great.
00:59:03And you mentioned how outside of life,
00:59:05you're a bit more patient than you are in the market.
00:59:07I remember you said that yesterday as well.
00:59:10There is no doubt that he's become a mentor
00:59:12and a role model.
00:59:13And, you know, with this package
00:59:15that I wanna kind of go ahead and bring up here
00:59:16real quick as well,
00:59:17is that you're getting, you know,
00:59:19kind of quickly recapping what all you're getting.
00:59:21You get the strategic swing trader newsletter
00:59:23where you get the exact system that helps Sammy
00:59:25turn into a seven figure trader.
00:59:27So instead of 800 bucks, that's discounted.
00:59:29You get the proceed method, which is a recorded.
00:59:32So you get that game plan every single day.
00:59:34You also get the weekly coaching sessions on that as well.
00:59:38So typically 1300 bucks, that's discounted.
00:59:40Then you also get the earnings engine live course,
00:59:43which again is gonna happen in July.
00:59:45So you can take advantage of this offer.
00:59:47You can have the money back guarantee
00:59:48and see if it's worth your hard earned money,
00:59:50which is about, you know, less than 60 bucks a month.
00:59:53So that's great to see there as well.
00:59:56And then kind of just, you know,
00:59:57last final thoughts from you.
00:59:59I know we've got to kind of wrap up
01:00:00and I wanted to share my screen here in a moment as well,
01:00:02but recapping it again,
01:00:05you get the, everything that we talked about,
01:00:07typically at 2,500, our value today for you joining us,
01:00:10it's 695 and the best part of it all outside of the deal,
01:00:13outside of the information that you get
01:00:15is a 30 day money back guarantee.
01:00:16That way you can have a peace of mind that says,
01:00:18hey, this was worth it.
01:00:20This works with my risk appetite.
01:00:21The information that's provided is worth me spending $60
01:00:24a month.
01:00:25And I will say this, there are a lot of Furu's out there
01:00:27that on FinTwit that say, oh, hey, you can join with this,
01:00:29join my discord, join this, join that.
01:00:31And so many of them just buy the options,
01:00:35sell it to you on Tweet,
01:00:37then it goes up and they sell it.
01:00:38It's just, it's just not transparent.
01:00:40Appreciate what you're doing, Sammy.
01:00:41I'm going to share my screen here real quick
01:00:43and then we got to get going.
01:00:45Cause we actually are running this on .com
01:00:46and that's going to run out as well.
01:00:48But let me make sure, I don't think there is anything that,
01:00:51I don't want to make it very clear.
01:00:53I told you I would go in and join you and I have,
01:00:55and this is my invoice number and everything.
01:00:57I was really hoping my credit card wasn't here.
01:00:58Hopefully it isn't.
01:00:59And here's why I'm joining, right?
01:01:02And I want to make it very clear.
01:01:03Benzinga is not paying me to join.
01:01:05T3 is not paying me to join.
01:01:07I'm joining with my hard earned money.
01:01:08No one's reimbursing me whatsoever.
01:01:10This is going to come straight out of my credit card.
01:01:12I'm going to pay for it like I do with my grocery bills.
01:01:14But the benefit that I find is that I can get a newsletter
01:01:17from you that says, here are the stocks that I'm looking at.
01:01:19Here's the entries, here's the exits,
01:01:21and also the course itself.
01:01:23And the third thing for me is a money back guarantee
01:01:25as well.
01:01:26So I love what I hear.
01:01:27I mean, what's up?
01:01:29Yeah, so I actually don't like the money back guarantee part
01:01:32because, you know, earning season starts in mid July.
01:01:37So, and it doesn't really get going until the end of July,
01:01:40beginning of August.
01:01:42So make sure you're still around
01:01:45when the earning season gets going
01:01:47at the beginning of August, end of July.
01:01:50So, you know, so that's the only part
01:01:52that I don't like about it.
01:01:53Cause again, earning season, sure.
01:01:55I think the official start date is July 13th,
01:01:57but it doesn't really get going until the end of July.
01:02:00So that's the part where-
01:02:02I appreciate it, yeah.
01:02:04And that's where, you know, it's authentic.
01:02:05This isn't recorded.
01:02:06We get feedback from both sides.
01:02:07Sammy, any final thoughts before we go?
01:02:10You know, let us know what you're thinking here
01:02:12before we head out.
01:02:13Well, I love being here with you today.
01:02:16I really hope folks join.
01:02:19I really hope I presented something new
01:02:22that you've never heard of before.
01:02:23And I really hope that it made sense to you,
01:02:25that it's, you know, was logical.
01:02:28So yeah, I hope to see you around.
01:02:31Awesome, appreciate it.
01:02:32One last time, if you want to get the package
01:02:33that we talked about here today,
01:02:35t3live.com forward slash deal.
01:02:38You get all three things, heavily discounted.
01:02:41You get a chance.
01:02:42And the main thing, again,
01:02:43you get a chance to watch Sammy live in action
01:02:45as it goes through the Earnings Engine live course
01:02:47later on in July as well.
01:02:49Sammy, what a pleasure it's been, man.
01:02:51Thank you so much for hanging out with me.
01:02:52And I look forward to doing a lot more with you.
01:02:55Thank you, I appreciate it.
01:02:56By the way, Nike appears to be bottoming,
01:02:57so I may be playing it long on earnings.
01:02:59Oh, see, see there.
01:03:00I didn't want to ask you
01:03:01because you had to change charts and all that stuff,
01:03:03but I appreciate that.
01:03:04I didn't even know it was reporting,
01:03:06but I just looked at it and yeah,
01:03:08it's reporting, looks kind of good long.
01:03:10All right, well, get the newsletter, get the information.
01:03:12Sammy, thank you so much, man.
01:03:13We'll talk to you later.
01:03:14Take care, thanks guys.