Day 1 : Building a Watchlist and explaining the strategy
Day 2 : $PLTR Trade Idea
Day 3: Buying $HOOD
Day 4: Up 5% on $HOOD
Day 5: Entered $UA Trade
Day 6: Trading In Puerto Rico
Day 7: Introducing Beacon
Day 8: S&P 500 Record Highs
Day 9: Robinhood Makes Moves Into Crypto
Day 10: Roaring Kitty Meows
Day 11: $GME Trade Idea
Day 12: $NIO Trade Entry
Day 13: Taking Profits In $HOOD
Day 14: Stopping Out Of $UA
Day 15: Stopping Out Of Everything
Day 16: No FOMO
Day 17: 6 New Trade Ideas
Day 18: Entering $ACB Trade
Day 19: DXY Tells Us To Stay Out Of The Market
Day 20: "Shoulda, Coulda Woulda"
$CCL "Cruises" Up 8% After Today's Earnings Report
Ahoy there, investors! Carnival Corporation ($CCL) just dropped anchor on a wave of positive earnings news, sending its stock price on a joyous voyage!
Earnings Beat: Carnival surpassed analyst expectations, reporting adjusted earnings of 11 cents per share, a significant improvement from last year's adjusted loss of 31 cents per share.
Record Sales: Despite revenue growth slowing for the eighth consecutive quarter, Carnival still managed to pull in a record $5.78 billion in sales for Q2. That's a 17.7% increase year-over-year!
Strong Booking Momentum: Carnival reported record booking volumes for 2025 sailings! They're already exceeding 2024 numbers in both price and occupancy for the full year – that's a positive sign for future earnings.
Guidance Raised: Carnival raised its 2024 adjusted net income guidance by a whopping $275 million, exceeding analyst expectations. They also provided optimistic guidance for Q3 adjusted net income.
Stock Soars: Investors were thrilled with the news! CCL stock surged 8.9%, leaving its previous buy point in the dust. This surge nearly erased the stock's year-to-date decline. The positive sentiment even lifted rival cruise lines like Royal Caribbean (RCL) and Norwegian Cruise Line (NCLH).
Carnival's positive earnings report paints a bright picture for the future of cruising. Strong bookings and optimistic guidance suggest smooth sailing ahead for the company. However, it's important to remember that the stock market is unpredictable. While this is a positive development, always do your own research before making any investment decisions.
Our $CCL Trade
Yesteday $CCL had a 4H candle close above $16.24, which was our trigger via our trade idea to set a Limit Order for $16.24
The order ended up getting filled while I was sleeping, remember this strategy is supposed to be stress free and easy to follow!
$CCL ended up having a great day today, going all the way to our target 1 (9%).
Sticking to the Plan: How I Avoided Emotional Trading with $CCL
Remember our recent trade on $ACB? And what we learned? We entered the trade based on the plan, even though it went against my gut feeling due to the bad earnings report that dropped that morning. While we ended up stopping out for a small loss, following the plan allowed us to gather valuable data and learn from the experience. Fast forward to today's trade on $CCL:
Deja Vu Earnings: Just like with $ACB, I entered the $CCL trade the same day as their earnings was dropping. Initially, I wasn't too concerned after looking at the earnings forecasts.
FUD on the Horizon: Then came the social media storm. Webull comments were flooded with negativity (FUD - Fear, Uncertainty, and Doubt) predicting a stock crash. The price started to dip, and I felt the urge to panic sell.
Sticking to the Plan (and My Risk Tolerance): This is where position sizing saved the day! Knowing my stop-loss limited the risk to a manageable 1% of my portfolio (around $5) made it easier to stick to the plan and avoid emotional decisions.
The key takeaway here is that sticking to the plan, even when emotions run high, is crucial. By following the plan and managing risk effectively, I was able to avoid the trap of FUD and make a data-driven decision. This experience reinforces the importance of using TraderSync to analyze every trade, good or bad. Whether we win or lose, every trade generates valuable data that helps us refine our strategy and become better traders in the long run.
