Goooood Morning Traders and Happy Money Monday. WE ARE BACK!!! 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! Today is going to be an amazing day team and I am excited to crush it with you as I am ready to lock in some BIG TIME PROFITS with the best trading team in the world!!!!! Live Stream is now up and Live Trade Commentary will begin at 9:00AM.
STOCKS WITH NEWS
Stock futures slip slightly to start the week as traders look ahead to more economic data https://www.cnbc.com/2022/12/04/stock-futures-are-little-changed-as-investors-enter-a-quiet-period-ahead-of-the-feds-december-policy-meeting.html
Inverse ETF’s to be watching today if we see more downside and volatility in the markets today $SQQQ $SPXU $UVXY $SDS
News from Friday $COSM – Cosmos Health Provides a Summary Regarding Recent Share Activity and Reiterates its Belief and Commitment to the Financial Strength and the Growth and Profitability of the Company
$SHPH was one of Fridays top gainers as it closed up 65% on the day. However, I am not seeing any news, filings or high short interest to justify the move Friday and the gap up this morning.
$ENSC – Ensysce Biosciences Announces Completion Of Clinical Portion Of Overdose Protection Trial PF614-MPAR-101-Part A
My top stocks for the day
$SPY game plan for today. It all comes down to this red line (200SMA) at $403.69. If we are able to stay above this level of support, we can see the $SPY bounce back on up to our yearly downtrend around $407 (top orange line). However, if we cannot hold this level of support (200SMA/red line) we can see sellers start to move back in and start to fade on down to $400 support then our monthly trendline down around $397-$398 (lower orange line)
PRE MARKET GAPPERS
Reddit Top Mentions
Largest Short Interest
PRIOR DAY TOP GAINERS
Earnings this Week