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Money Monday May 8th 2023 Morning Stock Newsletter

FRIDAYS TRADER OF THE DAY

Steve absolutely crushes the Alpha Halt Strategy!!!! Over $1,000 in verified profits on the day. LETS GOOOO!!!!!!


Good morning team, and happy Money Monday!

I’m excited to be back and eager to get to work with you. I hope you all had an amazing weekend and enjoyed your time with family and friends. This is going to be a big week in the market, and I can’t wait to see you all locking in some amazing profits!

Live Stream is now up and The Pre-market Rundown and Morning Game Plan Session will start at 9AM followed by Live Trading from 9:30AM – 10:30AM and Private Market Mastery Training from 10:30AM – 11:30AM 👏 👏 👏

Let’s have an amazing day team.


STOCKS WITH NEWS

Dow futures rise slightly to start the week as banks gain, investors look ahead to inflation data https://www.cnbc.com/2023/05/07/stock-futures-are-flat-to-start-the-week.html

Fridays top gainers $PACW $BAOS $MINM $WAL $IBRX $ATLX $LASR $OMI

Fed pivot is priced in, but rate cuts aren’t actually bullish for stocks https://seekingalpha.com/news/3966892-fed-pivot-is-priced-in-but-rate-cuts-arent-actually-bullish-for-stocks

$EZFL – Earnings and a SC13G filing May 4th 2023 https://www.sec.gov/edgar/browse/?CIK=1817004&owner=exclude

$IMRN – Immuron Announces FDA Removed Clinical Hold on New Campylobacter ETEC Therapeutic Paves way for Clinical Trial Initiation

$BLCM – Bellicum Pharmaceuticals 13D Filing Shows Baker Bros. Advisors Report 19.99% Active Stake In Co.

$TRVN – Trevena, Partner Get Approval for Olinvyk in China


Personal Game Plans

$BLCM has good potential here in pre-market. We would want to see this come down to the $0.60 level as that is strong daily support and bounce. If we can hold $0.60, buyers can start to step back in and we could see a nice break of this down-trend. We would have room to run back to $0.81. Stops would be under $0.60 support

We are seeing a nice short squeeze ahead of earnings on $IBRX . Earnings are released 5/10 after market close. This company submitted license application to the FDA for their bladder cancer treatment on 3/20 and since that time we have been moving up very nicely. We really started to move after we broke out of the moving average squeeze on 4/19. This stock has 20% of its float short and could continue to see more upside ahead of earnings Wednesday. We have support at $5 with top resistance at $6 then $7.80. If we ever see this stock rip straight up to $7.80, I will look for a short for the dump on off as that is strong daily resistance.


Earnings This Week


PRE MARKET GAPPERS


Reddit Top Mentions


Market Overview


Largest Short Interest


Economic Calendar


PRIOR DAY TOP GAINERS