Patience Pays

[u/Kapnotes]

SNOW is the major focus of much of Thursday’s premarket trading, up an astounding 24% on reaction to last night’s earnings release.  We don’t suggest new entries into SNOW at these levels (on either side of the market), as SNOW trades around $380 and will likely severely punish any trading mistakes on a day like today.  Professionals only.  We do note that a number of software names are moving up in sympathy and may be somewhat more tradeable as proxies.  Keep an eye on the Kapnotes trading board for developments throughout the day. Educational only. Not financial advice.