OKTA:NAS Revenue: Q2 total revenue was $556 million, an increase of 23% year-over-year. Subscription revenue was $542 million, an increase of 24% year-over-year.
1/9 update: Okta share price rallied following the better-than-expected Q2 earnings.
10/8 origional post:
Shopify Inc. Class A Subordinate Voting is a current holding in our US Technology Disruptors Trade Table. It has rallied 17.2% in 8 days!
August job creation is now more in line with pre-pandemic trends. US Q2 GDP was revised down from 2.4% y/y to 2.1% y/y on weaker inventory and trade contributions.
VanEck Junior Gold Miners is a suggested way of gaining exposure to a rally in the gold price.
Hewlett Packard Enterprise Company Common is a suggested short tarde, with a stop loss on a reversal above $17.15
iShares Russell Top 200 Growth offers one way to capture short exposure to a correction in overpriced US growth stocks.
The iShares Russell Top 200 Growth ETF seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit growth characteristics.
23/8 update: Stay on the short side of the US growth trade.
18/8: Remain on the short side of the trade and prepare to close the position when the price action trades above the 10-day average.
16/8 update: Maintain short exposure and lower the stop loss to $159.52
10/8 update: The sell-off in growth-related companies is taking place and we remain on the short side of the trade.
5/8 update: The price action remains below the 10-day average.
3/8/ update: The price action has rolled over and short exposure should be maintained whilst the close value is below the 10-day average.
Consider the short side with a stop loss on a break above $165.
Level 17 Chifley Tower
2 Chifley Square
Sydney, NSW 2000
1300 614 002
Investor Signals Pty Ltd
ABN 44 143 555 453
