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Friday January 13th 2023 Morning Stock Newsletter

 

🌟 Good morning Team and Happy Friday 🌟

I hope everyone had a FANTASTIC evening and that you are all ready for another great day ahead!!! 👏

Remember to ALWAYS trade smart and lock in profits when you have them! Fridays are the toughest trading days of the week due to the lack of news and volume in the market! Come in, find the best opportunity and attack it! Let’s end this week strong and profitable team!

Live Stream is now up with Live Trade Commentary starting at 9:00AM. 🔥🔥🔥

 


STOCKS WITH NEWS

Stock futures dip as big banks report earnings https://www.cnbc.com/2023/01/12/stock-market-futures-open-to-close-news.html

Inverse ETF’s to be watching today if we see more downside and volatility in the markets today $SQQQ $SPXU $UVXY $SDS

Yesterdays top gainers $BBAI $BKKT $XPON $AGBA $BBBY $YTEN

Top Reddit ShortSqueeze Mentions For Tuesday January 10, 2023: BBBY, GME, TRKA, PRTY, GROM, BBIG, APRN, NEGG, AMC, VYNE

$JPM – JPMorgan Chase Non-GAAP EPS of $3.56 beats by $0.46, revenue of $34.5B beats by $270M

$BAC – Bank of America GAAP EPS of $0.85 beats by $0.08, revenue of $24.53B beats by $360M

$DAL – Delta Air Lines stock dips as Q1 profit guide disappoints

$JSPR – Jasper Therapeutics Announces New Positive Briquilimab Data to be Presented at the 2023 Tandem Meetings: Transplantation & Cellular Therapy Meetings of ASTCT and CIBMTR

TOP STOCKS FOR TODAY: $MSFT $UPS $DIS $AMV $KPRX $GROM $APRN


Daily Game Plans

$SPY is cracking the uptrend here in pre-market and going from the bullish side to the bearish side. We want to be thinking PUTS at this time. A crack below $393.63 confirms a SHORT entry down to $390.12

$GROM is currently gapping up 32% on “short squeeze” hype. This stock has 14% short float and is trading 1M shares here in pre-market compared to its 700k average. I do like the daily chart and think we may be able to go on a nice run today if we can break over $2.15. If we can, we have room to fill the daily gap up at $3.00.

$APRN is currently gapping up 31% on “short squeeze” hype as well. This stock actually has potential to go on a nice short squeeze as half of the float is currently short. That means just about 6M shares are short. We are currently trading 2.4M shares here in pre-market, average trading volume is 4.6M. I would like to see this stock hold above $1.09 support and break back over $1.28 resistance. If we start to see a break over $1.28, we have potential to spike on up to $1.44, $1.50 and $1.84


PRE MARKET GAPPERS


Reddit Top Mentions


Market Overview


Largest Short Interest


Economic Calendar


PRIOR DAY TOP GAINERS


Earnings this Week