YESTERDAYS TRADER OF THE DAY
Yazi absolutely CRUSHED it yesterday! Just a few days in their 7 day trial and already seeing some amazing profits! Keep up the amazing work in the market.
🌟 Good morning team and happy Friday! 🌟
I hope everyone had a fantastic evening and is ready for another great day ahead! 👏 Yesterday was another fantastic day in the market. This is the time to LEARN and EARN team as there is fantastic opportunity in this market!
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 and The Pre-market Rundown will begin at 8:45AM. The morning Game Plan Session will start at 9AM followed by Live Market Training/Trading from 9:30AM – 11AM and Private Market Mastery Training from 11AM – 11:30AM 👏 👏 👏
Let’s have an amazing day team.
STOCKS WITH NEWS
Stock futures are flat as S&P 500 aims for biggest weekly gain since March https://www.cnbc.com/2023/05/18/stock-market-today-live-updates.html
Yesterdays top penny stocks:
$ENVB $ELTK $GSIT $PHIO $CWD $HEPA $ELEV $SCPL
Stock futures were little changed Friday as Wall Street continued monitoring the situation surrounding the debt ceiling. Futures connected to the Dow Jones Industrial Average added 21 points, or 0.1%, while S&P 500 gained 0.1%. Nasdaq-100 futures fell marginally. The major averages are headed for weekly gains. The S&P 500 is up 1.8% week to date through Thursday’s close. That would be its biggest one-week advance since March. The Nasdaq Composite, meanwhile, has risen 3.3% for the week. That would also be its best weekly performance since March. The Dow is up 0.7%. A chunk of those gains came Thursday, as traders mounted bets that a U.S. debt ceiling deal could be reached. Comments from House Speaker Kevin McCarthy Thursday seemed to suggest a potential deal could come as soon as next week. “There is some uncertainty about when the government will be unable to meet its obligations in terms of running out of money, so that does create some uncertainty,” said Yung-Yu Ma, chief investment strategist at BMO Wealth Management. “And so, it’s still a risky environment, but one which we believe will ultimately see an outcome that is not too damaging to the markets – on a long-term basis, at least.” The tail-end of earnings season continues Friday with results from Deere and Foot Locker before the bell. Friday marks a light day for economic data, although comments from Federal Reserve Chair Jerome Powell and New York Fed President John Williams are on deck.
$DE – Deere GAAP EPS of $9.65 beats by $1.01, revenue of $17.39B beats by $2.52B
$FL – Foot Locker Non-GAAP EPS of $0.70 misses by $0.08, revenue of $1.93B misses by $60M
$MGRM – Monogram Orthopedics stock soars 91% following $17M IPO (update)
$OXY – Warren Buffett buys another $200M in Occidental Petroleum stock
$NBY – This is a low float stock currently gapping up 50% of no news but had a few filings yesterday https://www.sec.gov/edgar/browse/?CIK=1389545&owner=exclude
$SDA – SunCar Completes Business Combination with Goldenbridge Acquisition Limited to Become Publicly Traded Company
$LXEH – China’s President Xi, In A Speech Late Thursday, Proposed To Establish Meeting And Dialogue Mechanisms To Facilitate All-around Cooperation Between China And Central Asian Countries In Areas Including Industrial Development, Investment, Agriculture, Transportation, Emergency Management, Education, And Political Party Affairs
$FTCH – Farfetch shares are trading higher after the company reported better-than-expected Q1 results.
Personal Game Plans
$SPY Game Plan – Pretty simple day team. I will be looking for entries on the $SPY back down around this multi-day up-trend. If we see this up-trend crack due to uncle Powell’s speech today, I will look to play the $SPY short down to $417.95 then $415.81