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The Big 3: GLW, CMI, PANW
Youtubeยท 2025-10-30 17:00
Group 1 - The market is experiencing selling pressure following a rate cut decision and disappointing discussions between China and the US, leading to a slight decline from all-time highs [2][3]. - There is a notable rotation in the market, moving away from big tech stocks that previously led gains [3][4]. - Diversification is emphasized as important in the current market environment, particularly with the volatility associated with AI-related trades [5]. Group 2 - Corning has reported record sales and is experiencing a strong uptrend, with a more than 100% increase over the last six months [5][7]. - The stock has broken above previous resistance levels, indicating potential for further upside [10][13]. - A trading strategy involves buying the stock and writing a call option to capture upside momentum while managing tax implications [15]. Group 3 - Cummins is highlighted for its strength in the industrial sector, particularly in engine and battery delivery systems, which contributes to its upward momentum [17][18]. - The stock has shown a strong price action with a recent breakout above previous highs, indicating continued bullish sentiment [21][24]. - A suggested trading strategy includes buying a call spread while selling a put to finance the position, allowing for upside capture [28]. Group 4 - Palo Alto Networks is maintaining upside momentum ahead of its earnings announcement, with the stock trading near all-time highs [30][31]. - The stock has shown significant price appreciation, moving from 165 to 220, with key support levels identified around 215 to 218 [33][37]. - A defined risk trading strategy is proposed, involving a call spread to capitalize on potential price appreciation while limiting downside risk [38].