We are poised to see another step up in demand for organic light emitting diode displays, which should be confirmed later today by Applied Materials.

We are nearing the end of the vapid 2Q 2017 earnings pace, and odds are that will lead to much digestion and thought as Wall Street soon heads for the final summer hurrah. We recognize that historically speaking September is one of the roughest months for stocks, and given what we see ahead for this September odds are it won’t be a walk in the park.

Given our concerns with the overall market, we are going to lock in some gains by selling half the position at market today, while keeping the other half intact.

We are in the belly of the earnings beast this week, and we’ve got several updates as well as a trade that will book some hefty profits.

Staying in the Costco mindset, we’re bulking up on our COST calls amid strong same store sales from the warehouse retailer.

Hotter than usual summer heat means more people are turning on their air conditioning and cranking the temps lower, which spurs demand for electricity and is a great time to jump on some energy calls.

As with the Tematica Investing Select List, we here at Tematica Pro are getting ready to parse the data and take action with the holdings as necessary as we approach the next round of earnings reports.

The herd seems to be coming around to our way of thinking, that Costco calls have been unfairly beaten down as a result of the planned Amazon – Whole Foods merger.

Unlike the herd, we do not see Costco getting hard hit from Amazon’s move into the grocery category, and thus the fullback in shares has opened up an opportunity for option calls.

We continue to see several thematic tailwinds supporting our existing calls, as well as headwinds that support our short positions. And so this week, we add yet another call, this time in our Disruptive Technology investment theme