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Money Monday December 5th 2022 Morning Stock Newsletter

 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


Market Overview


Largest Short Interest


Economic Calendar


PRIOR DAY TOP GAINERS


Earnings this Week