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Friday September 2nd 2022 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!!! πŸ‘

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. To top it off, we have a 3 day holiday weekend which can really take the volume and opportunity away! 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. πŸ”₯πŸ”₯πŸ”₯

 


STOCKS WITH NEWS

Yesterdays Top Gainers $HPCO $GCT $VRAX $FMTX $PIXY $SHPH

Most shorted stocks $BBBY $ICPT $PHAT $VERU $SKYH $GRPN $APRN $BGFV $UPST $FSR

Stock futures are flat ahead of key August jobs report https://www.cnbc.com/2022/09/01/stock-futures-are-flat-ahead-of-key-august-jobs-report-due-friday.html

$HCP – HashiCorp Q2 Non-GAAP Loss Narrows, Revenue Climbs; Improves Full-Year Outlook — Shares Jump After Hours

$HOLI is up 20% this morning on no news or recent filings.

My top stocks for the day

$DIS is on HIGH WATCH for the break out of this daily falling wedge formation. Support is at $111 with room to $114.50 then $117.40. As long as we see the overall market moving higher, we want to be keeping an eye on $DIS for long entries today.

$PYPL is also on HIGH WATCH for the break out of its falling wedge on the daily. Support is at $90 with room to $96 then $100.

As long as the overall markets move higher today, we want to also keep $AMZN on HIGH WATCH for a continuation higher today as we had a very strong bounce off the 50SMA yesterday. We have room back to $132. Bottom support is down at $125.50

$AVYA is on HIGH WATCH for the moving average squeeze swing trade opportunity. This was a stock we were discussing last week and that it had potential to set up for a nice swing trade. We are setting up perfectly and are squeezing between the 20EMA and 50SMA on the daily. I will be looking for entries today on this stock with stops below the 20EMA. We have a $2.00 target then $2.66. This is a 58M float stock with 25% of its float currently short.


PRE MARKET GAPPERS


Reddit Top Mentions


Market Overview


Largest Short Interest


Economic Calendar


PRIOR DAY TOP GAINERS


Earnings this Week