Wednesday, July 18, 2018

Notable Calls Network (NCN) - Books are open

Notable Calls Network (NCN) is alive and well. Today we're opening the books to newcomers.

Just to show what we are about, here are some examples of intraday trading opportunities we have caught over the past couple of days:

- Around 10:00 ET yesterday a senior member of NCN pinged me with the following:

Facebook considering moving cloud storage away from Dropbox to Google, The Information reporting

https://www.theinformation.com/articles/in-reversal-facebook-mulls-switch-to-google-apps


To those familiar with Dropbox (DBX), this read as an outright negative that had the potential to impact the stock price. So I quickly distributed the link to other fellow Notable Calls Network (NCN) members.

Here's what happened:





Over the next 20 minutes the stock price of Dropbox Inc (DBX) took almost a -2pt (-7%) hit as the link made rounds and sellers piled on.



- Last week on July 12, we had another beautiful situation in Shutterfly Inc (SFLY):

Around 10:25 a fellow NCN member pinged me with the following:

Apple discontinues its own photo printing service, recommends third-party Photos Projects apps instead

https://9to5mac.com/2018/07/12/photo-print-products-discontinued/

For those who have been in the game long enough, the SFLY/Apple situation surely brought back some memories of Apple entering the space and destroying SFLY stock in the process. So this was to be perceived as a positive for SFLY.

Here's how it went down:

                      

Over the next 15 minutes the stock spiked +2.5pts as the news made rounds around trading desks and buyers moved in.


This is how Notable Calls Network (NCN) works - sharing the flow. We catch them every day.


Want to be part of NCN?

It's easy. Just shoot me a brief email that includes a short description of yourself.

Please do note that contacts via IM are limited to people with:

- 3+ years of trading experience

- Access to quality research/analyst commentary

- Ability to generate and share (intraday) trading calls

I will not accept contacts from purely technically oriented traders, penny stock fans or people who have less than 3 years of experience in the field.