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Money Monday August 22nd 2022 Morning Stock Newsletter

🌟 Goooood Morning Traders and Happy Money Monday 🌟

I hope everyone had a fantastic weekend and that you are fired up, motivated and excited for a great day ahead!

Today marks the start of a brand new day and a brand new week full of brand new opportunities in the market 💪 I am excited to work with each and everyone of you and I cannot wait to see what the market has in store for us!

This is a HUGE week in the stock market team. We have some BIG earning reports dropping from $NVDA $CRM $SNOW and many more. Let’s make this an amazing week in the market!

Live Stream is now up and Live Trade Commentary will begin at 9:00AM. 👏 👏 👏

Let’s get ready to rock and roll team! WOOOOOOOO!!!!!

 


STOCKS WITH NEWS

Fridays Top Gainers $GCT$AKLI$AXSM$VLCN$GRFX

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

Nasdaq, S&P, Dow futures fall in a risk-off move ahead of Jackson Hole https://seekingalpha.com/news/3875299-nasdaq-sp-500-dow-jones-stock-market

$GRFX and $GCT are both new IPO’s that have TONS of attention. These 2 stocks will be on high watch today team

New IPO stocks that could see some action assuming the hype and attention remains on newer IPO plays $BRSH $MEGL $TGL $REBN $FRZA $CHG $LUCY $GCT

$STBX is an IPO scheduled for 8/23/2022. We also have $PXMD with an IPO date of Friday, so we could see trading begin today

$MSPR – MSP Recovery, Which Also Powers LifeWallet, Announces it Has Grown From Eleven Thousand (11,000) Unique Healthcare Member Lives in 2014, to More Than 34 Million Unique Healthcare Member Lives, as Well as Significant Advancements in Its Technological Capabilities, Including the Development of Cutting-Edge Blockchain Technology

$SGFY – Signify Health Shares Up 35% Premarket After the Wall Street Journal Reported that Amazon is Among the Potential Bidders for the Healthcare Co., Along With the Previously Reported CVS

$CRTX – XORTX Announces Topline Results From Part 2 Pharmacokinetics Bridging Study; Co. Reports ‘Clinical Trial Shows Substantially Increased Bioavailability with Food and a Clean Safety and Pharmacologic Profile’

My top stocks for the day

$XRTX could be a fantastic pre-market trade as we just pulled back and are trying to hold $2.23 support. As long as we hold support, we can see buyers move back in and push this stock to pre-market highs. GREAT NEWS and only 11M float

NEW IPO Stocks are where my focus is for today. $SVRE is the top stock here in pre-market currently up 57% and trading 2.4M shares vs. 700k average. We just broke over $4.17 all time high and are slowly working our way up to $5.00 resistance. If we ever break over $5 today we can see a great spike to $8.75 then $10.00

$GCT is another new IPO stock that has my attention today. This stock ripped from $20 all the way to $67.30 between pre-market Friday and pre-market this morning. We currently have support at $50 (psychological support as well as trend-line support). As long as we can see $50 hold, we have great potential to see a nice spike back to $60 then $67.30

$GRFX is the #3 stock for today. This stock had its IPO last Wednesday and since then has gone from $2.05 to $3.58 is post market Friday. We are currently cracking below $3 support and have room down to $2.50-$2.70 support. Definitely another stock we need to keep on HIGH WATCH today team!


PRE MARKET GAPPERS


Reddit Top Mentions


Market Overview


Largest Short Interest


Economic Calendar


PRIOR DAY TOP GAINERS


Earnings this Week