🌟Gooood Morning Team 🌟 Happy HUMP DAYYYY!!! We are back and I am excited to see what the market has in store for today!
I hope everyone had a great night and that you are ready for a great day ahead.
I am extremely excited to be back as I am looking forward to starting out this year STRONG and PROFITABLE. Let’s make sure we are taking only the best of the best trades (the profits will follow) and start strong in 2023!!!!
STOCKS WITH NEWS
Stock futures rise as Wall Street tries to recover from Tuesday’s rocky session https://www.cnbc.com/2023/01/03/stock-market-futures-open-to-close-news.html
Mortgage demand plunges 13% to end 2022, as interest rates head higher again https://www.cnbc.com/2023/01/04/mortgage-demand-plunges-interest-rates-rise.html
Inverse ETF’s to be watching today if we see more downside and volatility in the markets today $SQQQ $SPXU $UVXY $SDS
Prior day movers $JSPR $RSLS $MSGM $ATNF $LBPH $IMNM
10AM JOLTS Job Openings NOV and ISM Manufacturing PMI for DEC followed by VERY IMPORTANT FOMC MINUTES at 2PM
$GERN – Geron Announces Phase 3 Trial Of Imetelstat Met Primary 8-Week Transfusion Independence Endpoint And Key Secondary 24-Week Endpoint
$CRM – Salesforce to cut workforce by around 10%
$VVOS – Vivos Therapeutics Receives FDA 510(k) Clearance Of Its DNA Oral Appliance For Treatment Of Obstructive Sleep Apnea
$JSPR – Jasper Therapeutics Announces European Union Orphan Drug Designation for Briquilimab as a Conditioning Treatment for Patients Prior to Receiving a Stem Cell Transplant
Todays Game Plans
$UPS looking to play this long off the daily uptrend that we just bounced off of yesterday. Day trade that will turn into a fantastic swing trade. We have room to the 200SMA and daily downtrend.
$FDX looks great for this daily higher low reversal. Entries are a break over $178.99 with a $182.84 FIRST TARGET then $184
Prior Day Game Plans
100% Win Rate
**JANUARY 3rd 2023** $TSLA just filled the gap at $123.12 on Friday and is starting to curl on over to the downside. We are looking for $TSLA to now fill the gap to the downside at $112.71. Short entries are a crack below $117.48 with a first target at light support ($116.27) then $112.71 as our 2nd target
**JANUARY 3rd 2023** $XOM (No confirmation for entries) – we are starting to curl on up once again, setting in a nice higher low U-SHAPE above the 20EMA. We are looking for a break over $110.50 to get our next leg to the upside. Entries LONG are over $110.50 with a first target of $112 then the daily gap fill up at $113
**JANUARY 3rd 2023** $JPM (No confirmation for entries) – We were playing this long off the lower trendline of this falling channel on the daily. We are now wanting to flip short of this upper downtrend and plan the falling channel on back down. Ideal entries are here around $135 with stops over the prior swing high at $137.20. We have room to fall over the next few weeks back down to $128 and below .
$ATNF is a simple one. We are looking for a 2nd day of continuation to the upside off Fridays strong volume day. Over $4 room to $5
PRE MARKET GAPPERS
Reddit Top Mentions
Largest Short Interest
PRIOR DAY TOP GAINERS
Earnings this Week