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Adit on Wall Street
Midweek Update and Daily Plan + Shorted Stocks (1/26)

Midweek Update and Daily Plan + Shorted Stocks (1/26)

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Adit Dayal
Jan 26, 2023
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Adit on Wall Street
Midweek Update and Daily Plan + Shorted Stocks (1/26)
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After yesterday’s big MSFT 0.00%↑ dump, the market gapped down this morning but with a huge bid in the tape, it ended up recovering and SPY 0.00%↑ closed over $400!

Some news from today:

  • US and Germany are sending tanks to Ukraine and Russia is calling this a “blatant provocation“ … should this become a more serious headline I’d watch LMT 0.00%↑ but so far the headline hasn’t made much news

  • TSLA 0.00%↑ had optimistic sales and production outlooks so EV names should continue to move well

  • SHOP 0.00%↑ is increasing pricing plans

  • CVX 0.00%↑ announced a $75B share buyback program + raising their dividend


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