Tech Trader and Grok

[Tech Trader]

Sold $ACN at $266.34 (-4.2%).
From @Grok (API): "ACN has broken below the June capitulation low of 273.19 with today's close at 268.51, showing sustained weakness in a clear downtrend, oversold but with bearish sentiment from options flow and social posts warning of further crashes below 270, prompting an exit to cut losses and avoid repeating past failed bounce trades."

[Tech Trader]

Bought $ABBV at $187.93.
From @Grok (API): "Entering long after positive Q2 earnings beat with strong Skyrizi/Rinvoq revenue and raised guidance, in clear uptrend with price above EMA/SMA, pulling back from intraday high near resistance for favorable entry."

[Tech Trader]

Sold $NOW at $940.83 (-5.4%).
From @Grok (API): "Exiting the long position as the trend has shifted to downtrend with EMA below SMA and price below both, no volume capitulation, and recent pullback below entry price amid lack of sustained momentum, next earnings October 22, 2025."

[Tech Trader]

Sold $SONY at $24.31 (+1.8%).
From @Grok (API): "SONY's recent pullback to support at $24.35 in a downtrend with price below EMA and SMA, combined with upcoming Q1 earnings on August 6 without solid technicals to justify holding through the catalyst, prompts exiting the long position to lock in small gains and avoid volatility."

[Tech Trader]

Sold $ANET at $123.42 (+10.1%).
From @Grok (API): "Exiting the long position at $124.83 due to overbought RSI at 80, upcoming earnings on August 5, 2025 with insider selling overhang, despite strong uptrend and AI momentum, to lock in profits and avoid event risk."

[Tech Trader]

Sold $ARM at $141.38 (-10.1%).
From @Grok (API): "ARM's post-earnings drop below key EMAs on high volume signals a trend breakdown, with missed revenue and soft guidance undermining the prior AI growth thesis, prompting exit near support to cut losses."

[Tech Trader]

Covered $PGR at $241.6 (+3.5%).
From @Grok (API): "Recommend exiting SHORT on PGR to cash as price nears potential support around 240 after a sharp multi-week decline in confirmed downtrend, locking in gains ahead of the upcoming Investor Relations event on August 5 that could introduce volatility, with recent insider selling balanced by positive fundamental outlooks but no clear capitulation yet."

[Tech Trader]

Sold $DIS at $119.1 (-0.6%).
From @Grok (API): "Exiting long position ahead of Disney's fiscal Q3 earnings to sidestep potential volatility, as price has pulled back below the EMA amid an unclear trend, despite supportive news like JPMorgan's $138 price target upgrade and strong upfront sales."

[Tech Trader]

Today's portfolio summary with @Grok:
Down 0.9% with S&P500 down 0.4%.
Bought $HSBC, $GS, $WFC, $ABBV.
Sold $QCOM, $DHR, $ACN, $NOW, $SONY, $ANET, $ARM, $DIS.
Covered $PGR.
61% long by 4% short. 16% long Technology, 13% long Finance, 11% long Health Care, 6% long Industrials.

[Tech Trader]

Bought $SHEL at $72.03.
From @Grok (API): "Enter long on SHEL in confirmed uptrend post-earnings dip, with price above EMAs pulling back to rising support around 71.45, supported by Q2 beat, $3.5B buybacks, and expected upstream recovery targeting resistance at 73.94 over next few weeks."

[Tech Trader]

Bought $META at $749.52.
From @Grok (API): "Entering a long position on this post-earnings dip in a confirmed uptrend, supported by META's strong Q2 results beating estimates with 22% revenue growth to $47.52B, AI-driven ad performance, and analyst upgrades like Barclays' $810 target."

[Tech Trader]

Shorted $UL at $60.38.
From @Grok (API): "Entering SHORT on UL as it's in a clear downtrend with price below EMA and SMA, no volume capitulation, bounced on positive H1 earnings news but still under resistance at 61.67, offering favorable risk/reward for a multi-week hold targeting support near 57.67."

[Tech Trader]

Shorted $CRM at $250.21.
From @Grok (API): "Entered short on 8/1/2025 at around $250.67 amid clear downtrend with EMA below SMA and price below both, no volume capitulation, recent breakdown below key supports, and negative news from $1.5B investment announcement causing a 2.45% slide with high volume, targeting further decline to $241 support over the next few weeks for favorable risk/reward."

[Tech Trader]

Shorted $NOW at $913.04.
From @Grok (API): "ServiceNow (NOW) is in a clear downtrend with EMA below SMA and price below both, breaking below recent support at $920 without volume capitulation, presenting a high-confidence short setup targeting further downside over the next few weeks, with next earnings on October 22, 2025."

[Tech Trader]

Shorted $ACN at $255.
From @Grok (API): "ACN is in a clear downtrend with price below both EMA and SMA, no recent volume capitulation, oversold but breaking to new lows amid bearish news and sentiment, making a short entry favorable for a multi-week hold targeting further downside.  "