Gooood Morning Team Happy HUMP DAYYYY!!! We are back. I hope you all had a wonderful evening and that you are ready for today’s trading session. I am ready to get to work and have some fun today with the best trading community in the world. Let’s get ready for an awesome day! Live Stream is now up and Live Trade Commentary begins at 9:00AM EST.
TRADER OF THE DAY
TOP PROFITS 3 DAYS IN A ROW!!! Officially dubbing you the $TSLA king!
STOCKS WITH NEWS
Stock futures fall Wednesday as investors process inflation data https://www.cnbc.com/2023/02/14/stock-market-today-live-updates.html
Yesterdays top gainers $OCFT $SECO $SKYT $FUSN $PLTR
$SPY $QQQ – January retail sales numbers arrive before the bell. Economists expect a rebound with a 1.8% rise, with core retail sales up 0.8% for the month.
$RNAZ – *Transcode Therapeutics Withdraws Filing for Stock Offering >RNAZ
$PGY – Press Release: Pagaya Reports Fourth Quarter and Full Year 2022 Results
$HGEN – Humanigen Has Received A Notice Of Allowance For Its U.S. Patent Application 16/652,977 Titled “Methods Of Treating Immunotherapy-Related Toxicity Using A GM-CSF Antagonist”.
$CPOP – Pop Culture Group announces subsidiary’s plan to accelerate digitization through ChatGPT
$RBLX – Roblox Q4 EPS $(0 .48) May Not Compare To $(0 .52) Estimate, Sales $899.43M Beat $881.41M
$SERA – Sera Prognostics Announces Top-Line Data From AVERT PRETERM TRIAL Estimate
$MYNZ – Mainz Biomed Has Established Commercial Partnerships For Coloalert With Marylebone Laboratory And Instituto De Microecologia, Two Independent Laboratories Covering England And Spain
PERSONAL GAME PLAN
Right now we are looking short term bullish on the $SPY . We have been holding this uptrend for over a month and are starting to form an inverse head and shoulders formation. The right shoulder is forming at the same level at the left shoulder ($408.72) as well as at the trendline support. As long as we hold support at $408.72 (Left shoulder and trendline) we have potential to see buyers take control and get out next leg back up to $416.40 then $418. I will be looking to enter CALLS at a break of this downtrend from 2/2 as that would confirm this reversal. Keep in mind we have PPI data being released tomorrow morning at 8:30AM so do not swing trade the $SPY unless you are positioned correctly and understand your risk.
EARNINGS THIS WEEK
PRE MARKET GAPPERS
REDDIT TOP MENTIONS
LARGEST SHORT INTEREST
PRIOR DAY TOP GAINERS