Settings

Sidenav Mini

Light/Dark

Hump Day!!!! 3/29 Morning Stock Newsletter!!!

**** Good morning team!**** Happy Hump Day! I hope you all had a wonderful evening and are ready for today’s trading session. I am excited to get to work and have some fun with the best trading community in the world. Let’s get ready for an awesome day! As always, remember that quality trades are the key to success in the market. It is important to stay focused and disciplined and let the best of the best trades come to us! ** The live stream is now up and the live trade commentary begins at 9:00 AM EST.**


TRADER OF THE DAY


@Todd, exactly what I like to see, went from plans on “hope” and small losses to consistently seeing you posting in profits chat! Keep it up my guy!!
WAY TO TRADE!!!


STOCKS WITH NEWS

Dow futures rise more than 200 points as rates fall https://www.cnbc.com/2023/03/28/stock-market-today-live-updates.html

Yesterdays top gainers $BMEA 99%, $VKTX 69%, $OSCR 56%, $PYXS 42%, $LOOP 23%

$LOCL – Local Bounti Q4 EPS $(0 .30) Versus $(0 .44) Last Year, Sales $6.64M Up From $314K Prior Year

$ARCT – HC Wainwright & Co. Reiterates Neutral on Arcturus Therapeutics, Maintains $19 Price Target

$NABL – N-able Set To Join S&P SmallCap 600, Replacing iStar


Personal Game Plans

$VKTX LONG TODAY over $15.29 KEY support to $17.80 then $20.00. SHORT TODAY below $15.29 down to $11.86. Yesterday announced positive results from the company’s Phase 1 single ascending dose (SAD) and multiple ascending dose (MAD) clinical trial.

$BMEA LONG TODAY for the break over $31.54 resistance. We have potential to spike on up to $35 then $40. Bottom support at this time is back down at $28.07 then $25-$25.39. If we fail to break $31.54 for the LONG POSITION, we will look for a SHORT POSITION off this level of resistance for the drop back down to our lower levels of support! This company announced Positive Data from Ongoing Phase II Study yesterday!

$OSCR – Not the ideal penny stock for a second day of action as we left a BIG upper shadow yesterday. This stock fell from a HOD of $6.89 down to a close of $5.61. We could see this stock hold $5.50 support and move back up to $6.13 then $6.89 BUT that large daily upper shadow may keep traders away from this stock as $BMEA and $VKTX had strong days yesterday and their attention is there. If we crack below $5.50, look to short this back down to $5.00 then $4.40

$PYXS LONG TODAY as long as we hold above $4.14 support. We have potential to spike on up to $4.50 then $5.00 today. $3.75 lower support is we crack below $4.14

$LOOP is a simple one. You want to be long over $3.00-$3.16 and are looking for the final leg up today to $3.76 (200SMA) Stops under $3.00.

$SPY GAME PLAN – I will be looking for a break over $399.38-$400 resistance today for a quick spike on up to $401.42 then $402.43. However, if we fail to break $399.38-$400 resistance, I will look for a short entry off this level and expect to see a drop back down to our up-trend around $395.50


Earnings This Week


PRE MARKET GAPPERS


Reddit Top Mentions


Market Overview


Largest Short Interest


Economic Calendar


PRIOR DAY TOP GAINERS